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ZECINX Technology: Its fifth-generation process technology platform is currently in the R&D stage
BlockBeats news, July 15, the online investor communication meeting for Changxin Technology’s Science and Technology Innovation Board issuance and listing was held. Changxin Technology’s Vice President and Secretary to the Board of Directors, Yuan Yuan, said the company’s fifth-generation process technology platform and related products are currently in the R&D stage. The platform adopts a further optimized multi-exposure technology to further improve storage density and array performance. The company’s R&D team is actively advancing the development of related process and product technologies.
Tomorrow, Changxin Technology will open online subscriptions, with subscription code 「787825」. The stock is expected to be listed on July 27. Changxin Technology set the Science and Technology Innovation Board IPO offer price at 8.66 yuan per share. Based on the initial issuance size, the company is expected to raise 57.92B yuan, nearly twice the originally planned 29.5 billion yuan. If all over-allotment is fully exercised, the amount raised will further increase to 66.61B yuan. This will become Asia’s largest IPO this year, and also the largest-scale semiconductor IPO in the history of A-shares.