Yangtze Memory Technologies Co., Ltd. has announced its IPO advisory team, with a total of 31 members from CITIC Securities and CITIC Jiantou Securities.

BlockBeats News, July 11, the website of the China Securities Regulatory Commission (CSRC) showed that it updated the progress report on the Changjiang Storage IPO counseling work (Phase 1) on July 10. Citic Securities and Citic Jiantou Securities jointly dispatched a team of 31 people to form the counseling team. The counseling period for this phase is from May 19, 2026, to June 30. The counseling work is carried out through various means such as on-site due diligence, organized lectures, and special issue communication.

The next phase will carry out counseling work in two aspects: first, promptly coordinate various intermediary institutions and the company to discuss and determine standardized solutions for issues found during the work, urge the counseling targets to carefully implement rectification requirements. At the same time, the counseling team will continuously urge the company to improve its corporate governance and internal control systems to enhance the company's standardized operation level. Second, urge the company to thoroughly understand the laws, regulations, and rules related to IPOs, standardized operations, and be aware of the responsibilities and obligations regarding information disclosure and commitment fulfillment. (Jinse Finance)