"As China's leading DRAM company, CXMT's listing will help enhance the overall competitiveness of the country's semiconductor industry and drive the development of upstream and downstream supply chains," said Guo Tao, an individual angel investor and expert in AI.
Guo added that the model of capital coordination serves as an effective path for China to make more breakthroughs in hard technology, as CXMT's shareholder structure reflects a mix of State capital, industrial investors and diversified ownership, covering a majority of the key players in China's semiconductor landscape.
"Such industrial capital brings market demand and application scenarios, helping hard technology companies better connect with the market," Guo noted, adding that State-owned capital, on the other hand, provides long-term funding support and policy resources, while financial capital broadens financing channels and improves corporate liquidity.
"The complementary strengths of different types of capital can meet the needs of hard technology enterprises at different stages of development," he said.