[Dan Bin: Changxin Memory's Listing May Set a New Market Cap Record on the A-Share Market] BlockBeats News, June 30 – Renowned investor and Chairman of Shenzhen Eastern Bay Investment Management Co., Ltd., Dan Bin, stated on social media that after its listing, Changxin Memory's market capitalization could reach 2 trillion, 3 trillion, or even 5 trillion yuan, calling it a new 'Mount Everest' for the A-share market. Earlier reports indicated that Changxin Memory's IPO on the STAR Market had been approved for registration by the China Securities Regulatory Commission. The IPO aims to raise 29.5 billion yuan, making it the second-largest fundraising project in the history of the STAR Market, second only to SMIC. In the first quarter of 2026, Changxin Memory achieved operating revenue of 50.8 billion yuan, a year-on-year surge of 719.13%, with net profit attributable to shareholders reaching 24.762 billion yuan. It is estimated that operating revenue for the first half of 2026 will range between 110 billion and 120 billion yuan, with net profit projected to be between 50 billion and 57 billion yuan. [Original Link]