Long Xin Technology IPO Priced at 8.66 Yuan/Share; Founder Zhu Yiming's Total Wealth Exceeds 34.8 Billion Yuan

On July 14, Long Xin Technology founder and chairman Zhu Yiming holds 1.5924 billion shares of the company worth approximately 13.79 billion yuan based on the IPO price of 8.66 yuan per share. Additionally, Zhu holds a 5.13% stake in Gigadevices valued at 21.0 billion yuan based on the company's July 14 closing market capitalization of 410.3 billion yuan. Combined, his stake in both companies is valued at approximately 34.8 billion yuan.
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