Source: DIGITIMES

YMTC: YMTC denies backdoor listing rumors amid rising industry scrutiny

China-based Yangtze Memory Technologies Corp (YMTC) has dismissed speculation of a "backdoor listing," issuing a rare public statement on December 9, 2024, to refute rumors connecting it to All Ring Tech, another Hubei-based company.

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Est. Annual Revenue
$25-100M
Est. Employees
5.0-10K
Simon Yang's photo - CEO of YMTC

CEO

Simon Yang

CEO Approval Rating

90/100