Changxin Technology 688825.SH | 2026.7.28 | A-share new IPO king



Surged 465% on its first day of trading. Issue price 8.66 → closed at 49 yuan. A single lot can earn 20k+.

Total market cap 3.28 trillion yuan tops the No. 1 spot on the A-share list. Q1 net profit 24.7 billion yuan, up 1,688% year over year. Gross margin has caught up to Samsung.

Global DRAM market share at 8% in the fourth position; targeting the third spot by year-end. China’s only large-scale DRAM IDM. Apple has already applied to adopt it.

“From 0 to 1 has been achieved, and from 1 to 10 is just getting started” — China’s storage journey toward the stars and the sea

Not investment advice | Follow 688825.SH to witness China’s storage rise
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