TMTPOST — CXMT Corporation, China's leading domestic dynamic random-access memory manufacturer, disclosed its official prospectus on Thursday to launch its initial public offering on Shanghai’s Star Market on July 16. The semiconductor company plans to initially issue 6.69 billion shares, representing approximately 10.00% of its post-offering equity capital prior to the potential exercise of an over-allotment greenshoe option. Financial mechanics show that the initial strategic placement will absorb 3.34 billion shares, claiming exactly 50.00% of the initial float. If the over-allotment option is exercised in full, the total transaction volume will expand to 7.69 billion shares. Capital raised from the landmark listing will directly fund the tech pioneer's advanced memory fabrication lines and high-density packaging capabilities. Domestic institutional capital is consolidating heavily behind hardware enterprises crucial to achieving technological self-reliance on the Chinese mainland. This massive capital mobilization reflects the critical importance of securing domestic dynamic random-access memory supply chains as regional technology infrastructure faces protracted cross-border market frictions. By anchoring half of the floating equity with long-term strategic partners, the semiconductor leader stabilizes its post-listing ownership structure and buffers its intensive development runway against broader secondary market volatility.