Changxin Technology Sets IPO Offer Price at CNY 8.66 per Share, Implied Valuation CNY 579.19 Billion
2026-07-15 00:12:41
Changxin Technology on July 14 released its IPO issuance plan and preliminary bookbuilding notice, setting its offer price at CNY 8.66 per share via offline inquiry-based pricing, according to 36Kr. Based on the companys post-listing total share capital, the implied listing valuation is about CNY 579.188 billion. Market commentators cited in the report said the pricing reflected the companys current fundamentals, and that valuation could rise as the business grows.
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