[Changxin Memory Considering Building a Second DRAM Wafer Plant in Beijing, Negotiating Financing Support] BlockBeats News, August 4, according to a Reuters report, sources familiar with the matter revealed that Changxin Memory is considering building a second 12-inch DRAM wafer plant in Yizhuang, Beijing, and is in talks with the Beijing Economic-Technological Development Area and several state-owned technology enterprises for financing. The company is seeking at least 60 million yuan (approximately $8.9 million) in support, but negotiations are still in the early stages, and the scale and structure of the financing may be adjusted. The proposed plant will be located at the site of Changxin Memory's existing DRAM wafer plant in Beijing. The planned production capacity and total investment for the project have not yet been determined, but building a wafer plant capable of producing advanced DRAM typically requires over $10 billion. Currently, Changxin Memory operates two 12-inch DRAM wafer plants in Hefei and one in Beijing, each with a monthly production capacity of approximately 100,000 wafers. Changxin Memory is also constructing new plants in Shanghai and Hefei, and once these projects are fully operational, the company's monthly production capacity could double to over 600,000 wafers. This expansion comes at a time when demand for memory chips is entering an upward cycle, driven by AI infrastructure, data centers, and consumer electronics. Last month, the company completed an $8.6 billion IPO, marking the largest semiconductor company listing in mainland China. Since its listing, the company's stock price has risen by 13%. Currently, Changxin Memory is the fourth-largest DRAM manufacturer globally, but Samsung Electronics, SK Hynix, and Micron collectively accounted for nearly 90% of the global market share in the first quarter. Beijing and Shanghai are also providing funding and other support to Changxin Memory to capitalize on the economic and strategic benefits brought by its expansion. [Original Article Link]