Changxin Memory's Largest State-Owned Investor: Continuously Heavily Invested Over the Past Decade, Will Continue to Support the Company's Future Development

Odaily reported that Hefei Industry Investment Group, the founding shareholder and largest state-owned investor of Changxin Memory, stated that it invested in Changxin Memory in 2016 under the decision and deployment of the Hefei Municipal Party Committee and Municipal Government. Over the following 10 years, it continuously made significant investments in the Changxin project, accompanying it through industry cycles.

Public information shows that in 2016, Phase One of Changxin was launched, with a total investment of 18 billion yuan, of which Hefei state-owned capital investment institutions contributed 14.4 billion yuan, accounting for 80%. Before Changxin Memory's listing, the Hefei municipal state-owned capital system held a total of approximately 36.79% of shares through platforms such as Qinghui Jidian, Changxin Integration, Industry Investment No.1, and Hefei Jianchang. Hefei Industry Investment Group stated that it will continue to support Changxin Memory's development and deepen comprehensive cooperation in the future. (Sina Finance)