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YMTC Prepares its IPO

with some "tutoring" with CITIC Securities

China’s leading NAND flash memory manufacturer YMTC has initiated the formal “tutoring” process for a potential IPO, which involves pre-listing guidance discussions with an investment bank. The company chose CITIC, a Chinese state-owned investment ​bankThis was disclosed in a filing with China’s securities regulator on May 19, 2026.

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