CITIC Securities Co., Ltd.: Changxin Storage IPO has been accepted, optimistic about domestic storage chain investment opportunities

36Kr learned that CITIC Securities Co., Ltd. reported that the largest DRAM storage company in China, Changxin Storage, has been accepted for listing. The prospectus reveals that the company's profits in the fourth quarter of 2025 are expected to exceed expectations. At the same time, Changxin's technology is accelerating iteration to catch up with global advanced levels. CITIC Securities believes that the future listing of Changxin is expected to continuously drive capacity expansion, and the localization rate of equipment is expected to gradually increase. It is recommended to pay close attention to Changxin's related chip companies, supporting equipment, logic foundry, testing and packaging, and other beneficiaries in the industry chain