ChangXin Memory plans to build a second DRAM fab in Beijing and is negotiating financing support.

According to Reuters, sources familiar with the matter revealed that CXMT is considering building a second 12-inch DRAM fab in Beijing Yizhuang and is discussing financing support with the Beijing Economic-Technological Development Area and several state-owned technology enterprises. Negotiations are currently still in the early stages, and the financing scale and structure have not yet been finalized. The proposed project may be located at the company's existing Beijing facility, but production capacity plans and total investment amount have not yet been disclosed.