Yangtze Memory Technologies Co., Ltd. (YMTC): Rumors about the invalidation of all 19 claims of the "Core 3DNAND Patent" are severely misleading

July 29th - Changjiang Storage issued a statement in response to the rumor circulating online that "On July 28th, the U.S. Patent and Trademark Office ruled that all 19 claims of Changjiang Storage's core 3DNAND patent are invalid." The company stated that such information is severely misleading. The online rumor about "a sharp decline in related concept stocks of Changjiang Storage" is a malicious fabrication based on the aforementioned misleading information and is not in line with the facts.

The statement further mentioned that since November 2023, Changjiang Storage has initiated a patent infringement lawsuit against Micron Technology in the United States, involving a total of 27 patents and 295 patent claims, which are still under review. Changjiang Storage refrains from commenting on ongoing litigation, and relevant progress can be publicly accessed.