Analysis: The profit potential per lottery share of ChangXin Memory Technologies (CXMT) is estimated to range between 3,000 yuan and 26,000 yuan.

According to Odaily, market analysis indicates that the issuance price for CXMT is 8.66 yuan per share. A lottery share consists of 500 shares, requiring a payment of 4,330 yuan. Under conservative, neutral, optimistic, and highly optimistic valuation scenarios, CXMT's valuation is estimated at 1 trillion, 1.5 trillion, 2.3 trillion, and 4.25 trillion yuan, respectively. Based on this estimated market capitalization range of 1-4 trillion yuan, the corresponding first-day price increase post-listing is projected to fall within a 70%-600% range. Compared to the issuance price of 8.66 yuan, the profit potential per lottery share is approximately between 3,000 yuan and 26,000 yuan.

Additionally, CXMT announced that the funds raised will be fully invested in three major domestic storage substitution projects: the upgrade and renovation of the 12-inch DRAM wafer production line, technological upgrades for HBM and automotive-grade storage, and research into next-generation storage forward-looking technologies. (Source: Sina Finance)