Changxin Technology Lists 7 Executives as Billionaires on STAR Market Debut on July 28

According to China Business News, Changxin Technology officially listed on Shanghai's STAR Market on July 28, generating unrealized gains exceeding one trillion yuan for Hefei state-owned enterprises. Seven executives became billionaires in terms of shareholdings, with Board Chairman Zhu Yiming and core technical personnel Cao Kanyu holding shareholdings valued over ten billion yuan each.

More than 6,700 employees benefited from the listing, with at least 237 becoming multimillionaires. Valuations are calculated at the opening price of 49.50 yuan per share and do not represent realized gains.

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