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ChangXin Tech IPO Price Set at 8.66 Yuan/Share, Zhu Yiming's Net Worth Exceeds 30 Billion Yuan

On July 14, ChangXin Memory Technologies announced its IPO price on the SSE STAR Market at 8.66 yuan per share. Based on the 1,592,430,946 shares held by Zhu Yiming, founder and chairman of ChangXin Memory Technologies, the market value of his stake in the company is 13.79 billion yuan. Additionally, considering Zhu Yiming's 5.13% stake in GigaDevice and GigaDevice's closing market value of 410.3 billion yuan on July 14, the total market value of his holdings in both ChangXin Memory Technologies and GigaDevice reaches 34.8 billion yuan. (Yicai)

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