{"id":21625,"date":"2026-06-10T09:26:23","date_gmt":"2026-06-10T09:26:23","guid":{"rendered":"https:\/\/jobuzo.com\/en\/amid-a-memory-supercycle-cxmt-rival-uniic-pushes-for-mainland-ipo\/"},"modified":"2026-06-10T09:26:23","modified_gmt":"2026-06-10T09:26:23","slug":"amid-a-memory-supercycle-cxmt-rival-uniic-pushes-for-mainland-ipo","status":"publish","type":"post","link":"https:\/\/jobuzo.com\/en\/amid-a-memory-supercycle-cxmt-rival-uniic-pushes-for-mainland-ipo\/","title":{"rendered":"Amid a memory supercycle, CXMT rival UniIC pushes for mainland IPO"},"content":{"rendered":"<div>\n<div><img decoding=\"async\" src=\"https:\/\/cdn.i-scmp.com\/sites\/default\/files\/styles\/og_image_scmp_generic\/public\/d8\/images\/canvas\/2026\/06\/10\/fee88ee0-23b7-479d-9037-49998eaa76a0_e05c12d7.jpg?itok=Mh3LDGvA&amp;v=1781080668\" class=\"ff-og-image-inserted\"><\/div>\n<div datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1xdhyk6 ec74h0k0\" readability=\"10.989898989899\">Xi&rsquo;an UniIC, a dynamic random-access memory (DRAM) manufacturer backed by China&rsquo;s technology conglomerate Tsinghua UniGroup, is accelerating its push for a public listing in Beijing, joining its larger rival ChangXin Memory Technologies (CXMT) in seeking to ride the <span data-qa=\"Component-Text\" class=\"css-0 ef9u0v00\">current memory supercycle<\/span>.<\/div>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">UniIC recently completed its initial public offering (IPO) tutoring phase, a step that is mandatory for public listings in mainland China, five months after the company initiated the process, according to records released on Tuesday on the official website of the China Securities Regulatory Commission.<\/p>\n<div datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1xdhyk6 ec74h0k0\" readability=\"13.498507462687\">The progress in UniIC&rsquo;s listing preparations comes <span data-qa=\"Component-Text\" class=\"css-0 ef9u0v00\">on the heels<\/span> of CXMT, China&rsquo;s top DRAM manufacturer, which was recently approved by the Shanghai Stock Exchange for a colossal 29.5 billion yuan (US$4.35 billion) listing on the Nasdaq-style Star Market, putting it on track to become the largest IPO of the year in mainland China.<\/div>\n<div data-qa=\"InlineAdSlot-Container\" class=\"css-zl1inp e11v3ui14\">\n<div class=\"e11v3ui10 e11v3ui13 css-1umbx1w e1flwkbl0\" data-qa=\"AdSlot-Container\">\n<p>Advertisement<\/p>\n<\/div>\n<\/div>\n<div datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1xdhyk6 ec74h0k0\" readability=\"8\">The rush for capital underscores how China&rsquo;s memory chipmakers are hoping to capitalise on the <span data-qa=\"Component-Text\" class=\"css-0 ef9u0v00\">artificial intelligence<\/span>-driven global supercycle that is currently fuelling massive demand for their products.<\/div>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">As the supply crunch leads to revenue surges and sky-high valuations for memory firms, the appetite for domestic memory chip champions &ndash; which could potentially challenge global giants like Samsung Electronics, SK Hynix, and Micron Technology &ndash; is at a fever pitch.<\/p>\n<div data-qa=\"InlineAdSlot-Container\" class=\"css-zl1inp e11v3ui14\">\n<div class=\"e11v3ui10 e11v3ui13 css-1xd1hm8 e1flwkbl0\" data-qa=\"AdSlot-Container\">\n<p>Advertisement<\/p>\n<\/div>\n<\/div>\n<div datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1xdhyk6 ec74h0k0\" readability=\"11.438848920863\">It also follows the <span data-qa=\"Component-Text\" class=\"css-0 ef9u0v00\">dual listings<\/span> of GigaDevice Semiconductor and Montage Technology, two Shanghai-listed memory companies, in Hong Kong earlier this year. Shares of both companies surged over 300 per cent and 220 per cent since their IPOs in January and February, respectively.<\/div>\n<\/div>\n<p><sub>Amid a memory supercycle, CXMT rival UniIC pushes for mainland IPO<\/sub><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Xi&rsquo;an UniIC, a dynamic random-access memory (DRAM) manufacturer backed by China&rsquo;s technology conglomerate Tsinghua UniGroup, is accelerating its push for a public listing in Beijing, joining its larger rival ChangXin Memory Technologies (CXMT) in seeking to ride the current memory supercycle. UniIC recently completed its initial public offering (IPO) tutoring phase, a step that is&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/jobuzo.com\/en\/amid-a-memory-supercycle-cxmt-rival-uniic-pushes-for-mainland-ipo\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;Amid a memory supercycle, CXMT rival UniIC pushes for mainland IPO&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":21626,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-21625","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/21625","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/comments?post=21625"}],"version-history":[{"count":0,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/21625\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media\/21626"}],"wp:attachment":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media?parent=21625"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/categories?post=21625"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/tags?post=21625"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}