CXMT

Extracted Attributes

• Founded

  2016-05-01

• Industry

  Semiconductors

• Full Name

  ChangXin Memory Technologies (CXMT)

• Key People

  Zhu Yiming (Chairman & CEO)

• Native Name

  长鑫存储技术有限公司

• Headquarters

  Hefei, Anhui, China

• Primary Products

  DRAM memory (LPDDR4, DDR4, DDR5)

• Number of Employees

  3,000 (as of 2019)

• Production Capacity

  720,000 wafers per quarter (by end of 2025)

Timeline

• CXMT is founded in Hefei, Anhui, China, to develop domestic DRAM manufacturing capabilities. (Source: Wikipedia)

  2016-05-01

• CXMT grows its workforce to approximately 3,000 employees. (Source: Wikipedia)

  2019-12-31

• CXMT manufactures LPDDR4 and DDR4 memory on a 19 nm process, reaching a capacity of 40,000 wafers per month. (Source: Wikipedia)

  2020-12-31

• Former Samsung employees are arrested for allegedly stealing trade secrets to benefit CXMT, with one executive becoming CXMT's head of development. (Source: Wikipedia)

  2023-12-31

• CXMT scales its production capacity to 720,000 wafers per quarter. (Source: Wikipedia)

  2025-12-31

• CXMT submits its updated IPO prospectus to the Shanghai Stock Exchange's STAR Market, aiming to raise 29.5 billion yuan. (Source: Web Search)

  2026-05-01

• CXMT provides 1H 2026 revenue guidance of 110 billion to 120 billion yuan and net profit guidance of 57 billion yuan. (Source: Web Search)

  2026-06-30

• CXMT prepares to complete its IPO on China's STAR market in the second half of 2026. (Source: Web Search)

  2026-12-31

ChangXin Memory Technologies

ChangXin Memory Technologies (CXMT; Chinese: 长鑫存储; pinyin: chángxīn cúnchú) is a Chinese semiconductor integrated device manufacturer headquartered in Hefei, Anhui, specializing in the production of DRAM memory. As of 2020, ChangXin manufactured LPDDR4 and DDR4 memory on a 19 nm process, with a capacity of 40,000 wafers per month. The company was producing 720,000 wafers per quarter by the end of 2025.

Web Search Results

• 长鑫存储技术有限公司 - 领英

  ChangXin Memory Technologies Inc. (CXMT) was founded in 2016 and is based in Hefei, Anhui, in eastern China. The company is an integrated design and manufacturing company specializing in dynamic random-access memory (DRAM) semiconductor products, a standard component in the fast-growing market for mobile devices, smart phones, video game consoles, virtual reality products, PC/laptop memory modules and advanced home appliances. Privately owned CXMT is the largest DRAM integrated device manufacturer (IDM) in mainland China. The firm’s DRAM products are produced and sold in the consumer marketplace. About 60 percent of CXMT employees are involved in improving its products through research and engineering. This is reflected in the firm’s robust domestic and international patent filings. [...] firm’s robust domestic and international patent filings. Leading Chinese memory module makers use CXMT DRAM products in the products they sell domestically. CXMT fabricates its often-self-designed wafers and tests their efficacy using the industry’s most advanced technologies. CXMT maintains the startup company spirit with a culture of accountability, collaboration, and innovation. It is determined to meet growing market demands with trustworthy products and service. CXMT champions pioneering technologies to empower an information society and improve human lives through memory technology.

• Changxin Memory Technologies Inc. (CXMT) - Targeting The Core - Horizon Advisory

  # Background CXMT, also translated as Changxin Storage Technologies Inc., is a critical node within the People’s Republic of China’s (PRC’s) semiconductor sector. CXMT’s founding and flourishing has been hailed by Chinese press as a critical “bottleneck counterattack;” a means of leveraging advanced foreign technology in order to shore up Chinese technological weaknesses – and flip the playing field of international industrial capacity. CXMT was established by the Hefei government to develop China’s domestic DRAM manufacturing capabilities in accordance with the “Made in China 2025” national plan to build indigenous capability all along the semiconductor value chain. [...] ## Ownership risks CXMT was originally established as a State-owned enterprise backed by the National Integrated Circuit Industry Investment Fund Co., Ltd. and the Hefei Municipal Government. The former is a Chinese government-guided fund fueled by state-tied capital intended to provide capital for the domestic development of China’s semiconductor industry. [...] CXMT’s capital backers continue to be primarily State-owned and State-backed pools of funds. Government investors in CXMT include: China State-owned Enterprise Structural Adjustment Fund, China Ordnance Industry Group, China Communications Construction Company, China Mobile, National Integrated Circuit Industry Investment Fund, Hefei Municipal Government. Several of those, including China Ordnance Industry Group and China Mobile, have been identified by the US Department of Defense as PRC military companies. CXMT also co-invests with Chinese government-linked investors, including the Big Fund and Shanghai National Defense Private Equity Fund Management Co., Ltd. In addition to its government equity investment, CXMT receives extensive central and local government subsidies.

• ChangXin Memory Technologies - Wikipedia

  Edit this at Wikidata ChangXin Memory Technologies (CXMT; Chinese: 长鑫存储; pinyin: chángxīn cúnchú) is a Chinese semiconductor integrated device manufacturer headquartered in Hefei, Anhui, specializing in the production of DRAM memory. As of 2020( ChangXin manufactured LPDDR4 and DDR4 memory on a 19 nm process, with a capacity of 40,000 wafers per month. The company was producing 720,000 wafers per quarter by the end of 2025. ## History [...] Wikipedia The Free Encyclopedia ## Contents # ChangXin Memory Technologies ChangXin Memory Technologies | | | --- | | | | | Trade name | CXMT | | Native name | 长鑫存储技术有限公司 | | Romanized name | Zhǎngxīn Cúnchú Jìshù Yǒuxiàn Gōngsī | | Formerly | Innotron Memory Hefei Chang Xin Hefei Rui-li Integrated Circuit Manufacturing | | Type | Private | | Industry | Semiconductors | | Founded | May 2016; 10 years ago (2016-05) | | Headquarters | Hefei, Anhui , China | | Key people | Zhu Yiming (Chairman & CEO) | | Products | DRAM | | Number of employees | 3,000 (2019) | | Website | www.cxmt.com Edit this at Wikidata | Edit this at Wikidata [...] CXMT has been involved in a number of intellectual propriety theft cases. In 2023 ten former Samsung employees were arrested for allegedly stealing trade secrets from Samsung, the stolen technology cost Samsung over 1 billion USD to develop over a five year period, at the time Samsung's 10nm node was the only process used for mass producing 10nm class DRAM. One of the employees is a former Samsung executive and has since taken up a role at CXMT as head of development. The trade secrets allegedly allowed CXMT to skip a large amount of the time and cost intensive development process. In separate incidents 2 SK Hynix engineers have been arrested, one for allegedly attempting to sell trade secrets to Huawei was given a 18 month sentence the other is suspected of trying to leak HBM process

• Initial Thoughts on the Changxin Memory Technologies (CXMT) IPO

  CXMT is China’s largest and most important company in the DRAM memory chips. CXMT also develops . Although smaller in scale than the top three global players (Samsung Electronics (005930 KS), SK Hynix (000660 KS), and Micron Technology (MU US)), CXMT is becoming a legitimate, serious competitor in the global DRAM memory chip sector. Major investors - Major investors in CXMT include the National Integrated Circuit Industry Investment Fund II, state-owned asset managers from Anhui, Beijing, and Guangdong, as well as strategic investors including Alibaba Cloud, chip design firm GigaDevice, and financial investors such as CMB, ABC, and CCB. [...] Douglas Research Insights # Douglas Research Insights # Initial Thoughts on the Changxin Memory Technologies (CXMT) IPO Douglas Kim's avatar Changxin Memory Technologies (CXMT) is getting ready to complete its IPO on China’s Star market in 2H 2026. In May 2026, CXMT submitted its updated initial public offering (IPO) prospectus to the Shanghai Stock Exchange’s STAR Market. CXMT is seeking to raise 29.5 billion yuan ($4.3 billion) in this IPO in what is poised to be one of the largest IPOs in China in 2026. [...] Revenue guidance - CXMT has provided a revenue guidance of 110 billion yuan ‌to 120 billion yuan ($17.62 billion) in 1H 2026. To put this in perspective, SK Hynix generated revenue of 52.6 trillion won in 1Q 2026. Consensus estimates SK Hynix to generate revenue of 81.4 trillion won in 2Q 2026. So the combined revenue estimate in 1H 2026 for SK Hynix is 134 trillion won ($90.5 billion). Net profit guidance - CXMT has provided a net profit guidance of 57 billion yuan ($8.37 billion) (attributable to controlling shareholders) in 1H 2026. SK Hynix had net profit of 40.35 trillion won in 1Q 2026. Consensus estimates SK Hynix to generate net profit of 49.6 trillion won in 2Q 2026. So the combined net profit estimate for SK Hynix in 1H 2026 is 89.95 trillion won ($60.8 billion).

• Corsair Vengeance DDR5 Memory Modules with CXMT DRAM Chips Surface | TechPowerUp

  Chinese DRAM manufacturer CXMT (Chang Xin Memory Technologies) is mass-producing DDR5 DRAM chips, and the company seems to have gained good traction with popular retail-channel PC memory brands. PC enthusiast WXNOD identified a Corsair Vengeance DDR5 memory module with CXMT-sourced DRAM chips. The brand is known to normally source its chips from Micron Technology. The Corsair module in question is the "CMK5X16G3E60C36A2," a Vengeance DDR5-6000 16 GB module that's part of 32 GB kits. It offers DDR5-6000 at 36-44-44-96 with 1.35 V, supporting both EXPO and XMP. [...] The entry of Chinese brands such as CXMT and YMTC into the DRAM and NAND flash markets with contemporary products has unsettled financial advisors riding the memory manufacturer stocks rally driven by the AI boom. One such advisor "cautioned" that Chinese brands pushing volumes could have a chilling effect on memory prices, which may not hold by the end of 2026, going into 2027. Unlike the previous instance, where YMTC was hit with trade embargoes, CXMT enjoys good market-access around the world. It could simply knock off the Chinese domestic market from the price surge.