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CHANGXIN MEMORY TECHNOLOGIES
ChangXin Memory Technologies
Semiconductors / DRAM memory · Hefei, Anhui · China · Founded · 2016 · ≈ · 3,000 · employees

ChangXin Memory Technologies: Company Profile & Valuation

PublicCXMT-PERP · live

ChangXin Memory Technologies is listed on Shanghai STAR Market as 688825. Its market capitalization stands at $457B.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Market stats · CXMT-PERP
CXMT-PERP · price
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live
24h change
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Funding · APR
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Max leverage
5x
USDC-M
Valuation history

ChangXin Memory Technologies valuation history

1 valuation. The latest, $457B market cap, was set by the Market Cap in Sep 2026.

Latest valuation
$457Bmarket cap
Set by the Market Cap · 2 Sep 2026
Valuations
1
Priced rounds with a valuation
Event type
Primary round
The Market Cap
Undated: IPO at $85B (post-money); Series A2 at —.
Funding history

ChangXin Memory Technologies funding rounds — every disclosed raise

Round
Date
Amount
Valuation
Lead investors
Δ valuation
IPO (Shanghai Stock Exchange STAR Market, 688825)
Jul 2026
—
—
—
—
Market Cap
Sep 2026
—
$457B
—
—
IPO
—
$8.5B
$85B
—
—
Series A2
—
$60M
—
B Capital, Bessemer
—
ChangXin Memory Technologies · investors

Investors

B CapitalLEADBBessemerLEADQQinghui JidianCChangXin IntegratedCChina Integrated Circuit Industry Investment Fund Phase IIHHefei JixinAAnhui InvestmentHHefei municipal government
Is ChangXin Memory Technologies public?
Founded
2016
Jul 2026
IPO (Shanghai Stock Exchange STAR Market, 688825)
Sep 2026
Market Cap · $457B
IPO
Public
Listed company.
ChangXin Memory Technologies at a glance
Last valuation$457B · market cap · Sep 2026
Total raised$8.6B
Lead investors
B CapitalBessemer
IPO statusPublic
Founded · HQ2016 · Hefei, Anhui · China
Employees≈ 3,000
About ChangXin Memory Technologies

ChangXin Memory Technologies designs and manufactures DRAM memory chips, including LPDDR4, DDR4 and, since 2025, DDR5 products, running three 12-inch DRAM fabrication plants in Beijing and Hefei. Zhu Yiming founded the company in Hefei, Anhui in 2016, initially under the name Innotron, as one of several Chinese memory plants built to compete with global manufacturers.

By 2026 CXMT had become China's largest and the world's fourth-largest DRAM maker, and its shares jumped almost 500% on their July 2026 trading debut on the Shanghai Stock Exchange STAR Market after an IPO priced at 8.66 yuan.

The money screen · ranked by accessibility

How to get ChangXin Memory Technologies exposure today

ChangXin Memory Technologies stock — frequently asked questions

What is ChangXin Memory Technologies's valuation?›

The last mark is $457B market cap.

Who has invested in ChangXin Memory Technologies?›

Lead investors for each round are in the funding timeline.

Who are ChangXin Memory Technologies's competitors?›

The closest semiconductors / dram memory peers are on the competitors page.

How can I get exposure to ChangXin Memory Technologies?›

The routes section explains what is realistically available for a company at this stage.

Is ChangXin Memory Technologies publicly traded?›

Yes. ChangXin Memory Technologies is listed on Shanghai STAR Market as 688825.

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