Kong Jianping Says ChangXin Memory Valuation Has Exceeded 3 Trillion Yuan
2026-07-27 12:40:15
Kong Jianping indirectly holds about 18.98 million shares of ChangXin Memory Technologies through the Yifang Changda Fund. According to NS3.AI, the stake is worth about 940 million yuan, and the fund has a capital commitment of 21.34 million yuan. Kong said ChangXin’s valuation was below 20 billion yuan when he invested in 2020 and has now exceeded 3 trillion yuan.
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