StoryFunding
YMTC passes IPO coaching review; STAR Market prospectus targets about ¥33B raise
YMTC passed its pre-IPO coaching review with CITIC Securities and CSC Financial, a step toward listing on Shanghai's STAR Market. It reported 14% of global NAND shipments in Q2 2026, third behind Samsung and SK hynix, with Q1 2026 revenue roughly doubling year on year.
- Coaching filed May 19, 2026 and completed August 20.
- Target raise about ¥33B (range ¥20-40B); listing targeted for H1 2027, per Storage Newsletter.
- Planned use: about ¥20.8B for production-line upgrades and ¥12.2B for R&D.
- Q2 2026 shipments rose 22% year on year.