Yangtze Memory's STAR Market IPO Application Accepted, Seeks RMB 33 Billion
The Shanghai Stock Exchange has accepted the initial public offering application of Yangtze Memory Technologies Holdings on its STAR Market, with the exchange updating the review status to 'accepted' on its website. The company plans to raise RMB 33 billion from the listing. CITIC Securities and CSC Financial will serve as the joint sponsors for the offering.
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