长江存储起诉美国防部、商务部

Core Viewpoint - Yangtze Memory Technologies Co., Ltd. (YMTC) has filed lawsuits against the U.S. Department of Defense and the U.S. Department of Commerce regarding its inclusion on the "Entity List," claiming significant financial and reputational damage due to outdated and inaccurate information used for its designation [1] Group 1: Legal Actions - YMTC has initiated legal proceedings in the U.S. Federal Court to challenge its classification as a military-related entity by the Department of Defense, which was reaffirmed in early 2023 [1] - The company also filed a lawsuit against the Department of Commerce for being placed on the Entity List in 2022, asserting that it has a robust export compliance program and has not been accused of violating U.S. export control laws [1] Group 2: Company Background and Valuation - Established in July 2016, YMTC specializes in 3D NAND flash memory and storage solutions, with a retail brand named Zhitai [2] - The company has a valuation of 160 billion yuan and ranks as the 9th unicorn in China and the 21st globally according to the Hurun Research Institute's 2025 Global Unicorn List [2] Group 3: Market Position and Growth - YMTC achieved a 10% share of global NAND shipments in Q1 2025, increasing to 13% by Q3 2025, reflecting a 4 percentage point year-on-year growth [2] - Although currently holding an 8% market share by revenue, analysts predict that YMTC's share will reach 10% by 2027 [2] Group 4: Recent Developments - The company has initiated its Phase III expansion and established a joint venture named Changcun Phase III (Wuhan) Integrated Circuit Co., Ltd. with a registered capital of 20.72 billion yuan [3]