en.Wedoany.com Reported - Following Changxin Technology, another Chinese memory chip manufacturer has entered a critical stage of its IPO. Xi'an Unisplendour Guoxin Semiconductor Co., Ltd. filed for coaching filing on January 6, 2026, and after a five-month period with its coaching sponsor CITIC Securities, has officially submitted a completion report of coaching work to the Shaanxi Securities Regulatory Bureau.
Domestic DRAM leader Changxin Technology successfully passed its IPO review on the STAR Market on May 27, 2026, planning to raise 29.5 billion yuan, making it the second-largest IPO project in the history of the STAR Market. It has now entered the registration stage with the China Securities Regulatory Commission and is expected to be officially listed in the third quarter of this year.
Unisplendour Guoxin is a strategic pillar enterprise of the New Unisplendour Group's memory division. Founded in 2006, it originated from Infineon's Xi'an memory business unit and has accumulated 20 years of DRAM technology expertise. The company is one of the few in China capable of providing a full range and full category of DRAM memory products with complete chip design capabilities. Its core business covers memory particles, KGD chips, module systems, stacked high-bandwidth DRAM, and CXL controller chips, while also offering integrated circuit design services. Over 20 chip products and more than 40 module products have achieved global mass production and sales.
In terms of equity structure, Beijing Unisplendour Storage Technology Co., Ltd. holds 59.63% of Unisplendour Guoxin's shares, making it the controlling shareholder. Chengdu Gaotou Group's subsidiary, Chengdu Gaoxin Beite Qixin Equity Investment Partnership, completed a strategic investment in Unisplendour Guoxin on May 19, further strengthening the company's capital position. Financial data shows that Unisplendour Guoxin's operating performance significantly improved in 2025, with annual revenue reaching 1.83 billion yuan, a year-on-year increase of 54.79%; net profit was 112 million yuan, successfully turning losses into profits compared to the same period last year.
Additionally, the company is a national high-tech enterprise, a national enterprise technology center, and a national intellectual property advantage enterprise, undertaking multiple major national-level R&D projects. The successive entry of Changxin Technology and Unisplendour Guoxin into the critical IPO stage marks the transition of China's memory chip industry from a phase of technological breakthroughs to one of large-scale development, providing more solid capital support for the domestic memory substitution process.
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