Xinjiang Goldwind IPO Feast: Who Is the Biggest Winner?

Original Title: "Huang Xiaoming, Li Bin, Lei Jun, Liang Wenfeng...Changxin IPO Feast, Who Is the Biggest Winner?"
Original Author: Wenser, Odaily

Changxin's A-share debut, the largest beneficiary group is naturally Changxin Technology's founder Zhu Yiming and Changxin employees.

According to Bloomberg's Billionaires Index data, since Changxin's listing, its founder Zhu Yiming's family wealth has soared by nearly 300%, reaching $13.9 billion. Just the Changxin shares alone are worth about RMB 8 billion, plus the calculation of Zhaoxin Semiconductor's equity, his peak net worth has reached as high as RMB 86.9 billion.

7 company executives have risen to the "billionaire" club, and at the employee shareholding level, over 6700 individuals have benefited, with at least 237 new multi-millionaires born.

In addition, data shows that 93 mutual funds collectively received 1.234 billion shares, with a static floating profit of nearly RMB 50 billion. Among them, E Fund, Southern Fund, and ICBC Credit Suisse respectively have floating profits of about RMB 6.803 billion, RMB 5.598 billion, and RMB 4.712 billion.

Finally, founder Zhu Yiming plans to donate 768 million shares for future employee incentives within 10 natural years after Changxin Technology's listing, corresponding to a market value exceeding RMB 37.6 billion. This is expected to set a record for the largest individual equity incentive in the A-share market, with a three-year lock-up period for the relevant shares.

It can be said that the wealth creation wave caused by Changxin's IPO is not only a reward for the executive team but also a wealth-sharing frenzy for the employees.

Deepseek Founder Liang Wenfeng: Earns RMB 827 million from Longxin Technology's IPO

Yesterday, Weibo's trending list data showed that "Liang Wenfeng earns RMB 827 million from Longxin Technology's IPO" briefly ranked 25th on Weibo's trending list.

It is understood that the two major funds controlled by Liang Wenfeng—Ningbo Magic Quantitative (153 products) and Zhejiang Jiuzhang Asset (41 products)—participated in the offline allocation of Changxin's IPO with a total of 194 products, receiving 20.2497 million shares, with a total subscription amount of approximately RMB 175 million.

Based on the first-day closing price, this investment is estimated to have a floating profit of approximately RMB 827 million. 70% of the allocated shares have a 6-month lock-up period, and 30% have no lock-up period.

Nano Labs Founder Kong Jianping: Indirectly Holds Approximately 18.98 Million Shares of Longxin Technology, with a Market Value of Approximately RMB 940 Million

According to public information and relevant disclosure documents, Kong Jianping, the founder of the US-listed company Nano Labs, subscribed for RMB 21.34 million through Yifang Chuangda Fund, indirectly holding approximately 18.98 million shares of Changxin Technology. Calculated at the opening price of RMB 49.5 on the day, the corresponding shareholding market value is approximately RMB 940 million, with a calculated return of about 44 times, according to the statement.

Kong Jianping himself stated that when he invested in Changxin in 2020, the company's valuation was less than RMB 20 billion, but it has now exceeded RMB 3 trillion.

Former Meidi Group executive Huang Xiaoming: Subscribed amount of RMB 106.7 million,

On the eve of Changxin's IPO, there was also a wave of online discussions about the "real or fake Huang Xiaoming" due to the news of "Huang Xiaoming subscribing for over 12 million shares of Changxin."

Initially, some speculated that this Huang Xiaoming was suspected to be mainland Chinese actor Huang Xiaoming. Subsequently, a blogger found the actor Huang Xiaoming to verify, and it was finally confirmed that it was not him.

Subsequently, according to publicly available information, this "Huang Xiaoming" should be a former executive of Meidi Group, with a personal investment of RMB 106.7 million, subscribing for over 12.32 million Changxin shares at a price of RMB 8.66. Calculated at yesterday's opening price of RMB 49.5, his unrealized gain is RMB 503 million.

Nio Founder Li Bin: IPO Subscription of RMB 158 million, Unrealized Gain of about RMB 700 million

The wealth creation wave of Changxin's IPO not only includes contributors but also customers from different industries. Nio, a new energy vehicle brand and also a leading local company in Hefei, is among them.

In the strategic placement list of Changxin Technology's IPO, Nio Group has committed to a subscription amount of RMB 158 million, with a lock-up period of 18 months. Calculated at the issue price of RMB 8.66 per share, the total subscription shares are approximately 18.24 million shares. Based on yesterday's closing price of RMB 49 per share, Nio's paper gain is about RMB 740 million, with a return rate exceeding 465%.

On that day, a blogger posted a photo showing that at the Changxin Technology Shanghai listing appreciation dinner, Nio founder Li Bin appeared on the scene, holding red wine, smiling, and interacting with many Changxin shareholders.

Lei Jun: Subsidiary holds over 18.24 million shares, Unrealized Gain exceeds RMB 700 million

Similar to Nio, Xiaomi Group is also one of Changxin Technology's customers. In this IPO placement, Xiaomi Group's wholly-owned subsidiary Wuhan 8180 Enterprise Management Co., Ltd. also participated, ultimately receiving an allocation of 18.24 million shares.

Based on the IPO price of ¥8.66 per share, the company had a first-day market cap gain of ¥736 million. After calculating the shareholding penetration (where Lei Jun owns 97.48% of Xiaomi Technology), it is estimated that Lei Jun indirectly gained a paper profit of around ¥717 million.

Of course, after the news broke, Xiaomi Group also responded to the matter promptly.

Xiaomi's Chairman's Special Assistant, Xu Jieyun, responded in a post early this morning, stating: "Just take it easy, don't take it seriously." According to her explanation, this investment is a corporate-level investment, and the investment by subsidiaries should not be conflated with personal wealth.

In an epic IPO that created over 200 new multi-millionaires, many billionaires also saw another surge in their personal fortunes, truly embodying the adage "the rich get richer." For the average person, perhaps winning ¥20,000 in the IPO is already a stroke of great luck.

Either way, Changxin Technology is undoubtedly the king of A-shares and the "number one domestic storage stock." We look forward to its future success in securing more orders in the global market and achieving even greater results.

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