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| HSI1 | 24,856.43 | 0.00 | -- |
| HSCEI1 | 8,389.93 | 0.00 | -- |
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CXMT Reportedly Doubles Rev. to RMB55B Last Yr, Aiming for Sci-Tech Innovation Board IPO in 1H
2026-03-26 14:45:47 CXMT benefited from the price rise in memory chips, which are crucial for the development of AI and data centers. Driven by the global memory chip woe, the company's revenue surged approximately 130% in 2025, reaching over RMB55 billion. CXMT is one of the core enterprises in China's strategy to reduce reliance on US technology and is actively preparing for a significant listing plan this summer. The company plans to release its annual financial report in April and is preparing to list on China's Sci-Tech Innovation Board in the first half of the year. If successful, it is expected to become the largest IPO within China in 2026. ~ AASTOCKS Financial News Website: www.aastocks.com | |