科创板首单！预先审阅IPO获受理

Core Viewpoint - Changxin Technology's IPO application has been accepted, marking the first pre-review IPO project on the Sci-Tech Innovation Board [1][4]. Group 1: Company Overview - Changxin Technology is an integrated enterprise engaged in the R&D, design, and manufacturing of DRAM (Dynamic Random Access Memory), having completed mass production from the first to the fourth generation of process technology platforms, covering products from DDR4, LPDDR4X to DDR5, LPDDR5/5X [3]. - The company plans to raise 29.5 billion yuan through its IPO, which will be allocated to projects including the upgrade of wafer manufacturing lines, DRAM technology upgrades, and advanced research and development in dynamic random access memory [3]. Group 2: IPO Pre-Review Mechanism - The pre-review mechanism for IPOs was first introduced by the China Securities Regulatory Commission (CSRC) on June 18, aimed at enhancing the inclusivity and adaptability of the Sci-Tech Innovation Board [4]. - The Shanghai Stock Exchange (SSE) issued guidelines for the pre-review process on July 13, allowing technology companies facing specific circumstances to apply for pre-review to protect sensitive business information [4]. - Pre-review is a service provided by the SSE to ensure that the issuer's IPO application documents meet review requirements before formal submission, but it does not guarantee approval or confirm compliance with listing conditions [5].