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Kong Jianping indirectly holds approximately 18.98 million shares of CXMT, corresponding to a market value of approximately 940 million yuan.

2026.07.27 - 12:09
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7x24h News

Kong Jianping indirectly holds approximately 18.98 million shares of CXMT, corresponding to a market value of approximately 940 million yuan.

According to public information and relevant disclosure documents, Kong Jianping indirectly holds approximately 18.98 million shares of Changxin Memory Technologies through Yifang Changda Fund (committed capital of 21.34 million yuan). Calculated based on the opening price of 49.5 yuan on that day, the corresponding market value of the holdings is approximately 940 million yuan, and according to relevant estimates, the return is approximately 44 times. Jack Kong also stated that when he invested in Changxin in 2020, the company's valuation was still less than 20 billion yuan, and currently it has exceeded 3 trillion yuan.

2026.07.27 - 12:09:31

TechFlow reports, on July 27, according to public information and relevant disclosure documents, Kong Jianping indirectly holds approximately 18.98 million shares of Changxin Technology through Yifang Changda Fund (committed capital of 21.34 million yuan). Calculated based on the opening price of 49.5 yuan on that day, the corresponding market value of the holdings is approximately 940 million yuan, and according to relevant calculations, the return is approximately 44 times. Kong Jianping also stated that when he invested in Changxin in 2020, the company's valuation was still less than 20 billion yuan, and currently it has exceeded 3 trillion yuan.

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