<img src="https://ml.globenewswire.com/Resource/Download/1feee88f-b22e-48ef-b71a-d6499b363434?size=2" nborder="0" align="left" hspace="5" vspace="5" title="2023_new_kraneshares_logo.png" alt="KraneShares"/>ChangXin Memory Technology (CXMT) is China's leading dynamic random-access memory (DRAM) manufacturer and Mainland China's largest publicly listed company following its IPO.NEW YORK, Aug. 04, 2026 (GLOBE NEWSWIRE) -- KraneShares, a leading provider of exchange-traded funds (ETFs) delivering access to emerging technology strategies, today announced the addition of ChangXin Memory Technology (CXMT) to its <a href="https://www.globenewswire.com/Tracker?data=ChN7uPMQm60sI2zrf8t62kPhOsB6csAWbCU0xcGp-lRvJjhPBquaNYt-GqZ0A6jowiLEAI6FjCFyjGaTE-tQAwv7dWGejMYJDqC27_DopgTKTpd3Tzf1RxS2I58PAnDSUs4t1zEoMrC5tGnu7eNZIQ==" rel="nofollow" target="_blank" title="China Technology &amp; Semiconductor ETF">China Technology &amp; Semiconductor ETF</a> (Ticker: KSTR) at an initial weight of 1.97%.1 Through its Qualified Foreign Institutional Investor (QFII) quota, KSTR became the only U.S.-listed ETF to provide investors with direct ownership of CXMT shares following the company's July 27, 2026 listing on China's STAR (Science &amp; Technology) Market.1 Rather than relying on swaps or other derivative instruments, which may introduce counterparty risk, KSTR holds the underlying shares directly, providing transparent exposure to the underlying company and straightforward participation in the economics of its shares.¹ CXMT completed its initial public offering on China's STAR Market, the Shanghai Stock Exchange's innovation-focused board for semiconductor and advanced technology companies, on July 27, 2026. The company is China's leading dynamic random-access memory (DRAM) manufacturer and has rapidly emerged as the world's fourth-largest DRAM producer by capacity and shipments, with an estimated 7-8% global market share as of late 2025.2 As artificial intelligence drives unprecedented demand for memory, CXMT has become a critical participant in the global AI semiconductor supply chain alongside industry leaders SK Hynix and Samsung. The company is attracting both domestic and international demand, with Apple reportedly in negotiations to source memory chips from CXMT.3 First-half 2026 revenue is expected to exceed RMB 100 billion, representing year-over-year growth of more than 600%.4 KSTR is designed to provide investors with exposure to the leading technology companies listed on China's STAR Market, giving investors access to many of China's most innovative semiconductor and advanced technology companies through a single ETF. "CXMT is a testament to China's growing importance in the global AI supply chain," said Jonathan Krane, CEO of KraneShares. "We are proud to provide our global clients with unique access to one of China's most important semiconductor companies through KSTR and to continue expanding investor access to China's innovation economy." About KraneShares KraneShares delivers research-driven, high-conviction strategies connecting investors to the world's most powerful growth themes. From emerging technologies, China's dynamic capital markets, carbon credits, alternatives, and income, the firm offers differentiated exposures designed to capture the megatrends reshaping the global economy. For KSTR top 10 holdings, risks, standard performance, and other fund information, please click <a href="https://www.globenewswire.com/Tracker?data=sUFjpOmlaucltAP8FAEUFzhpl7HMJ9w0t83zc30CLgDxbwfxn0bdYQ6bXZhntsNM00etej6J01nwEcvlRs2peg==" rel="nofollow" target="_blank" title="">here</a>. This should not be regarded as investment advice or a recommendation of specific securities. Holdings are subject to change. Securities mentioned may or may not be current holdings and do not make up the entire portfolio, and, in the aggregate, may represent a small percentage of the fund. Citations: <ol style="list-style-type:decimal;"><li style="margin-bottom:8pt;">Data from KraneShares and Bloomberg as of 8/3/2026.</li><li style="margin-bottom:8pt;">"China's DRAM giant CXMT plans US$4.2 billion IPO on Shanghai's STAR Market," South China Morning Post. December 31, 2025.</li><li style="margin-bottom:8pt;">Schuman, Evan. "Cheap Chinese chips could offer way out of RAM price crisis, Apple suggests," Network World. July 2, 2026.</li><li style="margin-bottom:8pt;">Company Reports as of 6/30/2026 </li></ol> Important Information Carefully consider the Funds’ investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Funds’ full and summary prospectus, which may be obtained by visiting <a href="https://www.globenewswire.com/Tracker?data=YyMOXZ2YSrj4JLjUF95LYhHSMB2FJFCZVRTpSfK2_u9zCAKNGaZt5f7ervMmzfS4J6wzPi-hz79FRn9qKZGYhiDQQR7LlKNoYIF31O-q44c=" rel="nofollow" target="_blank" title="">www.kraneshares.com</a>. Read the prospectus carefully before investing. Investing involves risk, including possible loss of principal. There can be no assurance that a Fund will achieve its stated objectives. Indices are unmanaged and do not include the effect of fees. One cannot invest directly in an index. This information should not be relied upon as research, investment advice, or a recommendation regarding any products, strategies, or any security in particular. This material is strictly for illustrative, educational, or informational purposes and is subject to change. Certain content represents an assessment of the market environment at a specific time and is not intended to be a forecast of future events or a guarantee of future results; material is as of the dates noted and is subject to change without notice. The Fund may invest in derivatives, which are often more volatile than other investments and may magnify the Fund’s gains or losses. A derivative (i.e., futures/forward contracts, swaps, and options) is a contract that derives its value from the performance of an underlying asset. The primary risk of derivatives is that changes in the asset’s market value and the derivative may not be proportionate, and some derivatives can have the potential for unlimited losses. Derivatives are also subject to liquidity and counterparty risk. The Fund is subject to liquidity risk, meaning that certain investments may become difficult to purchase or sell at a reasonable time and price. If a transaction for these securities is large, it may not be possible to initiate, which may cause the Fund to suffer losses. Counterparty risk is the risk of loss in the event that the counterparty to an agreement fails to make required payments or otherwise comply with the terms of the derivative. The Chinese economy is an emerging market, vulnerable to domestic and regional economic and political changes, often showing more volatility than developed markets. Companies face risks from potential government interventions, and the export-driven economy is sensitive to downturns in key trading partners, impacting the Fund. U.S.-China tensions raise concerns over tariffs and trade restrictions, which could harm China’s exports and the Fund. China’s regulatory standards are less stringent than in the U.S., resulting in limited information about issuers. Tax laws are unclear and subject to change, potentially impacting the Fund and leading to unexpected liabilities for foreign investors. Fluctuations in currency of foreign countries may have an adverse effect to domestic currency values. The Fund may invest in Initial Public Offerings (IPOs). Securities issued in IPOs have no trading history, and information about the companies may be available for very limited periods. In addition, the prices of securities sold in IPOs may be highly volatile. In addition, as the Fund increases in size, the impact of IPOs on the Fund’s performance will generally decrease. Narrowly focused investments typically exhibit higher volatility. The Fund’s assets are expected to be concentrated in a sector, industry, market, or group of concentrations to the extent that the Underlying Index has such concentrations. The securities or futures in that concentration could react similarly to market developments. Thus, the Fund is subject to loss due to adverse occurrences that affect that concentration. In addition to the normal risks associated with investing, investments in smaller companies typically exhibit higher volatility. KSTR is non-diversified. The KraneShares ETFs and KFA Funds ETFs are distributed by SEI Investments Distribution Company (SIDCO), 1 Freedom Valley Drive, Oaks, PA 19456, which is not affiliated with Krane Funds Advisors, LLC, the Investment Adviser for the Funds, or any sub-advisers for the Funds. Contact: KraneShares Investor Relations info@kraneshares.com <img alt="" src='https://ml.globenewswire.com/media/NGIwMGI3MmYtMWZmZi00MmYzLWJlMjUtYjc5ZWU2OTMxMjE3LTUwMDExMjY4OC0yMDI2LTA4LTA0LWVu/tiny/KraneShares.png' referrerpolicy='no-referrer-when-downgrade' />

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KraneShares' China Semiconductor ETF KSTR Becomes The Only U.S.-Listed ETF With Direct Ownership of CXMT

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