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Deep Tide TechFlow message: On July 14, according to First Financial, Changxin Technology disclosed that the IPO offer price for its STAR Market listing is RMB 8.66 per share. Based on the shares held by Changxin Technology’s founder and chairman, Zhu Yiming, totaling 1,592,430,946 shares, his shares correspond to a market value of RMB 13.79 billion for Changxin Technology.
In addition, based on Zhu Yiming’s 5.13% stake in MegaChips and MegaChips’ July 14 closing market value of RMB 410.3 billion, his combined market value holdings in Changxin Technology and MegaChips total RMB 34.8 billion.