China's YMTC Receives 1 Billion Yuan Bond Support, Storage-Computing Innovation Park Launched
2026-07-11 15:49
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en.Wedoany.com Reported - The integrated circuit industry in Hubei Province has recently seen new progress. The cooperation between Optics Valley Financial Control Group and Yangtze Memory Technologies Co., Ltd. (YMTC) has officially materialized. The Optics Valley Zhuxin Technology Industrial Park (Phase I) will be integrated into YMTC's system and renamed "YMTC Storage-Computing Integrated Innovation Park," aiming to build an industrial ecosystem carrier for storage-computing integration. Meanwhile, the Hubei Integrated Circuit Industry Investment Fund has successfully issued 1 billion yuan in technology innovation corporate bonds, with funds specifically allocated for the construction of the National Memory Base project.

The Optics Valley Zhuxin Technology Industrial Park (Phase I), invested and built by Optics Valley Financial Control Group, covers a total area of 177 mu (approximately 11.8 hectares) with a total floor area of about 317,500 square meters. It is positioned as a core supporting industrial park serving YMTC and the Optics Valley integrated circuit industry cluster. After being integrated into YMTC's system, the park has been officially renamed "YMTC Storage-Computing Integrated Innovation Park." It will function as YMTC's core supporting base and an industrial ecosystem carrier for storage-computing integration, with subsequent operations managed by Wuhan YMTC Technology Services Co., Ltd. (referred to as "YTS").

A representative from YTS stated that this cooperation will expand YMTC's industrial supporting capabilities and innovation incubation space. The Storage-Computing Innovation Park plans to introduce upstream and downstream enterprises in areas such as chip design, equipment and component manufacturing, testing services, algorithm development, and computing power application, forming a collaborative innovation industrial ecosystem to support the construction of the storage-computing integrated industrial base.

Alongside the expansion of industrial space, capital support has also been secured. The Hubei Integrated Circuit Industry Investment Fund Co., Ltd. has completed the issuance of the second tranche of technology innovation corporate bonds (specifically for integrated circuits) non-publicly offered to professional investors in 2026. The issuance scale of this bond is 1 billion yuan, with a term of three years. The raised funds will be invested in the semiconductor integrated circuit industry for the construction of the National Memory Base project.

As the main construction entity of the National Memory Base project, YMTC is a memory IDM enterprise integrating chip design, manufacturing, packaging and testing, and system solutions. It primarily provides global partners with 3D NAND flash memory wafers and dies, embedded memory chips, and consumer-grade and enterprise-grade solid-state drives, along with other products and solutions. These products are applied in fields such as mobile communications, consumer electronics, computers, servers, and data centers.

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