Actor Huang Xiaoming's investment in ChangXin Memory Technologies yields a 100x return? Blogger verified with the person himself and refuted the rumor: Fake news!

Odaily reported that recently, news about "Huang Xiaoming investing in ChangXin Memory Technologies (CXMT)" has sparked widespread discussion. Online rumors claimed that Huang Xiaoming made a return of approximately tens of billions of RMB from this investment.

Based on available information, the "Huang Xiaoming" holding equity in CXMT is not the same person as the actor Huang Xiaoming.

According to news from the San Yan community, Weibo blogger @万能的大熊 verified this with the actor Huang Xiaoming himself, who clearly stated that it was not his investment. Furthermore, the Huang Xiaoming who actually holds shares in CXMT is likely a senior executive at Midea Group. He indirectly holds an approximate 3.17% stake via CMB Yunting (a subsidiary of China Merchants Bank), which is the ninth-largest shareholder of CXMT (holding a 1.58% stake). After CXMT goes public, his shares would be valued at approximately 1 billion RMB.