1600亿国产存储龙头完成股改

Core Viewpoint - Changjiang Storage Technology Co., Ltd. has completed its shareholding reform, enhancing its corporate governance structure and attracting significant investment from various institutions, indicating strong market confidence in the semiconductor industry [3][4]. Group 1: Company Developments - On September 25, Changjiang Storage held its inaugural shareholders' meeting, marking the completion of its shareholding reform and the establishment of its first board of directors [3]. - In April 2025, Yangyuan Beverage announced a 1.6 billion investment in Changjiang Storage, with 15 other institutions participating, leading to a total financing exceeding 10 billion [3]. - Changjiang Storage has become a key player in China's semiconductor industry, with its subsidiary being the only domestic 3D NAND manufacturer, boasting a registered capital of approximately 124.6 billion [3]. Group 2: Market Position and Valuation - Changjiang Storage entered the Hurun Global Unicorn List with a valuation of 160 billion, ranking 9th in China and 21st globally, making it the highest-valued new unicorn in the semiconductor sector [4]. - The global demand for storage chips is expected to rise due to the ongoing AI computing boom, with the storage chip market projected to reach 1.584 trillion by 2031, reflecting a compound annual growth rate of 9.3% from 2025 to 2031 [4]. Group 3: Industry Impact - The emergence of Changjiang Storage and another domestic leader, Changxin Storage, is expected to significantly influence the domestic storage and semiconductor industries, promoting technological upgrades and reducing reliance on imported chips [5]. - The establishment of Changjiang Storage's new entity, Changxin Phase III, with a total investment of 20.72 billion, aims to expand production capacity and enhance technological advantages [4].