A-shares subscription | Changxin Technology (688825.SH) opens subscription as China's top and the world's fourth largest DRAM manufacturer.

According to the China Fortune Financial APP, on July 16th, Changxin Technology (688825.SH) started its initial public offering at a price of 8.66 yuan per share, with a maximum subscription limit of 3.349 million shares and a price-to-earnings ratio of 308.92 times. It is listed on the Shanghai Stock Exchange Science and Technology Innovation Board, with China International Capital Corporation and CITIC Securities as the sponsoring institutions (lead underwriters), and Guotai Junan Securities, Guoyuan Securities, Huatai United Securities, and China Merchants Securities as joint lead underwriters.