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The Nexus
BUSINESSJul 13 · 02:00 UTCSCMP WORLDHoward Liu

Meet CXMT’s Zhu Yiming: the engineer building China’s answer to global memory-chip giants

ChangXin Memory Technologies (CXMT), a Chinese company aiming to rival global memory-chip giants, is conducting a 2026 IPO to raise 29.5 billion yuan. Founder Zhu Yiming is highlighted, with analysts predicting a potential 3 trillion yuan market value for CXMT.

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