Changxin Technology's IPO review status has been changed to "Suspended," which is a technical pause due to financial report updates, not a "termination."

The Shanghai Stock Exchange website shows today that Changxin Technology’s Science and Technology Innovation Board (STAR Market) IPO review status has changed to “suspended.” Reporters learned that Changxin Technology filed for listing tutoring for STAR Market IPO review last July, and was formally accepted on December 30. Its prospectus has financial data audited with the cut-off date of June 30, 2025. This “suspended” status is a technical pause during the review process rather than a termination of the review. Typically, after the company supplements and updates its financial statements, the review process will resume. Changxin Technology is the first realized project under A-share’s “preliminary review system,” and it has already completed two rounds of pre-application inquiry. According to publicly available information, Changxin Technology is China’s largest and most technologically advanced, with the most comprehensive layout, integrated DRAM research, development, design, and manufacturing enterprise; its production capacity and shipment volume rank first in China and fourth globally. (STAR Market Daily)