Changxin Technology will be listed tomorrow, with a current off-exchange market capitalization of $2.76 trillion.

BlockBeats News, July 26th, ChangXin Technology will be listed on the Shanghai Stock Exchange Sci-Tech Innovation Board on July 27th, with an initial market cap of approximately 580 billion yuan. ChangXin Technology's IPO price is 8.66 yuan per share, and the final online lottery winning rate has risen to 0.4714%, setting a new record for IPO on the Sci-Tech Innovation Board. The total fundraising amount after full exercise of the over-allotment option can reach up to 66.6 billion yuan.

According to Hyperinsight monitoring, the Hyperliquid's CXMT (ChangXin Memory Technology, the listed entity of ChangXin Technology) Pre-IPO contract price is currently at $6.087, corresponding to a share price of 41.2 yuan, based on a post-issuance total share capital of 66.881 billion shares, implying an on-chain market cap of approximately $407.1 billion, equivalent to about 2.76 trillion yuan.

Based on this market cap calculation, the cost of each successful online lottery winning of 500 shares for retail investors is 4,330 yuan, with an estimated market value of 20,600 yuan for 500 shares on the first day of trading, resulting in a single-win profit of about 16,000 yuan.

Established in 2016, ChangXin Technology is China's largest and most technologically advanced integrated DRAM R&D and manufacturing enterprise. By Q4 2025, ChangXin Technology is expected to hold a global DRAM market share of 7.67%, ranking fourth globally and first in China, with the potential to challenge the position of the world's third-largest DRAM supplier. In Q1 2026, the company's revenue reached 50.8 billion yuan, a year-on-year increase of 719%, and the net profit attributable to the parent surged by 1688% to 24.762 billion yuan. The net profit attributable to the parent for the first half of the year is expected to be between 50 billion and 57 billion yuan.