Yangtze Memory's STAR Market IPO Accepted: Q1 Revenue 47.042 Billion Yuan, Net Profit 33.379 Billion Yuan

Yangtze Memory's IPO on the STAR Market has been accepted, with plans to raise 33 billion yuan for production line upgrades and R&D. Benefiting from a surge in NAND Flash prices, the company's Q1 2026 revenue reached 47.042 billion yuan, with net profit attributable to shareholders at 33.379 billion yuan (more than double its full-year 2025 figure), propelling its market share to third globally.