Some shareholders failed to “control” Changxin Technology, got out of the game early, and lost touch with this capital feast. In December 2024, Huibi 5 transferred 1.56% of its shares in Changxin Technology to Hefei Jianchang at a price of 2 billion yuan, at a transfer price of 2.22 yuan/share. The transfer price is approximately one-quarter of the issue price, or 4.5% of the opening price. Based on the midday trading price, Huibi 5 missed more than 47 billion yuan in floating profits.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.