Changxin Prospectus Details: Q1 Revenue Reaches 31% of Micron's, Ranked First in China and Fourth Globally

BlockBeats News, May 27, according to the prospectus submitted by Changxin Technology, the company has entered the ranks of being 'second only to the three international giants' in terms of revenue, though the scale gap remains evident. In the first quarter of 2026, the company's revenue reached 50.8 billion RMB, which is 31% of Micron's revenue for the same period. Based on the latest quarterly revenue converted to RMB, Micron's revenue is approximately 3.2 times that of Changxin, SK Hynix is about 4.7 times, and Samsung Memory is about 6.7 times. The prospectus indicates that Changxin's revenue growth is driven by three factors: capacity ramp-up, product structure upgrades, and the rebound in DRAM prices. Since the end of 2025, the mass production of DDR5 and LPDDR5/5X, combined with tight supply and demand in the industry, has significantly improved Q1 revenue and profit margins. In terms of market share, based on Q4 2025 sales, Changxin Technology accounted for 7.67% of the global market share in 2025 (Samsung, SK Hynix, and Micron collectively accounted for over 90%). According to Omdia's statistics on capacity, shipments, and sales, Changxin ranks first in China and fourth globally. --------------------------------- Click the link below to access the original article and join the Dongcha Beating · Feishu AI News Channel for 24/7 global AI news and updates. [Original Link]