Analysis: The profit margin for one "lot" of ChangXin Memory Technologies (CXMT) is approximately between 3,000 yuan and 26,000 yuan
According to Odaily Planet Daily, market analysis indicates that the issuance price for CXMT this time is 8.66 yuan per share. If an investor wins a lot (500 shares), the payment required is 4,330 yuan. Under conservative, neutral, optimistic, and highly optimistic valuation scenarios, the corresponding valuations for CXMT are 1 trillion yuan, 1.5 trillion yuan, 2.3 trillion yuan, and 4.25 trillion yuan, respectively. Based on the projected market capitalization range of 1 trillion to 4 trillion yuan, the estimated first-day price increase after listing falls within a range of 70% to 600%. Compared to the issuance price of 8.66 yuan, the profit margin for one winning lot is approximately between 3,000 yuan and 26,000 yuan.
Additionally, CXMT has announced that the funds raised this time will be fully invested in three major domestic substitution projects for memory products: the upgrade and renovation of the 12-inch DRAM wafer production line, technological upgrades for HBM and automotive-grade memory, and research and development of next-generation memory forward-looking technologies. (Source: Sina Finance)
