According to the issuance announcement of Changxin Technology's initial public offering, national-level long-term funds such as social security funds and basic pension insurance funds, as well as leading companies in the upstream and downstream of the industrial chain and large insurance capital, participated in the strategic allocation. Shenzhen Sankai Network Technology Co., Ltd., NIO Power Technology (Hefei) Co., Ltd., ZTE Corporation, and Chery Intelligent Automotive Technology (Hefei) Co., Ltd. received allocations amounting to 157,999,993.98 yuan, with a lock-up period of 18 months; Hangzhou Alibaba Cloud Feitian Information Technology Co., Ltd. received an allocation of 157,999,993.98 yuan, with a lock-up period of 36 months. Huansheng Quantitative participated in this offline subscription at a proposed purchase price of 8.78 yuan per share, with a maximum subscription quantity of 230 million shares for each offline order. Most of Huansheng's products reported subscriptions in the range of 70 million to 140 million shares. Huansheng Quantitative mainly consists of Zhejiang Jiuzhang and Ningbo Huansheng Quantitative, both of which are registered with the Asset Management Association of China, and both are controlled by Liang Wenfeng, who holds 85% of Jiuzhang Asset and 85.15% of Ningbo Huansheng Quantitative. (Shenzhen Net Tencent News)
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Liang Wenfeng's Private Equity Firm Makes Significant Investment in Changxin Technology
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