Kong Jianping indirectly holds approximately 18.98 million shares of ChangXin Memory Technologies, with a corresponding market value of about 940 million yuan
2026-07-27 12:18
According to public information and related disclosure documents, Kong Jianping indirectly holds approximately 18.98 million shares of ChangXin Memory Technologies through the Yifang Changda Fund (with a capital commitment of 21.34 million yuan). Based on the opening price of 49.5 yuan per share that day, the market value of the holdings is approximately 940 million yuan, with a reported return of about 44 times.
Kong Jianping stated that when he invested in ChangXin in 2020, the company's valuation was less than 20 billion yuan, but it has now exceeded 3 trillion yuan.
