大赚95亿！拼了8年，亏了400多亿后，中国内存杀到全球第4了

Group 1 - Changxin Storage, China's leading DRAM memory chip manufacturer, is set to go public with plans to raise 29.5 billion yuan for production line upgrades and technology research [1] - Established in 2016, Changxin has quickly risen to become the fourth largest memory chip manufacturer globally, holding approximately 5% market share as of Q3 2025, trailing behind SK Hynix, Samsung, and Micron [3] - The company has achieved mass production of various chip types, including DDR3, DDR4, DDR5, and LPDDR5X, and its technology is now on par with industry leaders [5] Group 2 - Despite its rapid growth, Changxin has not yet turned a profit, accumulating losses of 44.514 billion yuan as of September 2025 due to high investments in research and production [7] - A significant turnaround is expected in Q4 2025, with projected revenues between 55 billion and 58 billion yuan and a potential profit of up to 3.5 billion yuan [9] - The anticipated profitability in Q4 is attributed to improved technology, increased production capacity, and a surge in memory chip prices, with major domestic clients like Alibaba, ByteDance, Lenovo, Xiaomi, Honor, OPPO, and Huawei now using Changxin's products [11][12] Group 3 - As Changxin continues to enhance its production capacity and technological advancements, its market performance is expected to improve, leading to a higher global market share [13] - The company's journey serves as a valuable example for other Chinese tech firms, demonstrating that sustained investment and research can lead to success in high-tech fields, even after decades of lagging behind [13]