长鑫科技于7月27日在上交所正式挂牌交易，成为中国首家规模化DRAM厂商[1]。股票开盘报价49.50元，首日表现波澜起伏，最低下探至38.11元，最终收盘于49元附近，市值约3.28万亿元[1]。当日共有约29.9亿股完成交割，换手率达到66.4%[1]。此次上市融资579亿元，若绿鞋选择权全额行使，融资规模可达666亿元[1]。
长鑫科技上市同日，SK海力士和三星电子相继发布二季度财报，三家全球主要存储厂商的业绩表现共同推动了芯片市场的重新定价[1]。其中三星电子二季度销售额约171万亿韩元，营业利润约89.4万亿韩元，同比增长逾18倍[1]。此外，韩国7月前20天的半导体出口金额同比增长180.6%[1]。在长鑫科技的高管层面，董事长兼首席执行官朱一明所持股份的账面价值已超过780亿元[1]。野村证券对长鑫科技给出了112元的长期目标价[1]。
Changxin Technology, China's first large-scale DRAM manufacturer, began trading on the Shanghai Stock Exchange's Star Market on July 27, with an opening price of 49.50 yuan [1]. The stock experienced significant volatility throughout its debut day, plunging to a low of 38.11 yuan before recovering to close near 49 yuan, valuing the company at approximately 3.28 trillion yuan [1]. The initial turnover rate reached 66.4%, with approximately 2.99 billion shares changing hands [1].
The company raised 5.79 billion yuan through its public offering, with the potential to increase to 6.66 billion yuan if the greenshoe option is fully exercised [1]. The listing coincided with second-quarter earnings reports from SK Hynix and Samsung Electronics, signaling a broader revaluation of the global memory chip market [1]. Samsung reported second-quarter sales of approximately 171 trillion won and operating profit of around 89.4 trillion won, representing growth exceeding 18 times year-over-year [1]. South Korea's semiconductor exports for the first 20 days of July surged 180.6% year-over-year [1].
Changxin Technology's chairman and CEO, Zhu Yiming, held shares valued at over 78 billion yuan [1]. Nomura Securities assigned the company a long-term target price of 112 yuan [1].