Analysis: Changxin Technology's "winning one lot" profit potential may be between 3,000 yuan and 26,000 yuan.

According to Cailian Press, if one wins an allocation in Changxin Memory Technologies' current issuance, one lot consists of 500 shares, requiring a payment of 4,330 yuan. Under four valuation scenarios—conservative, neutral, optimistic, and super-optimistic—the corresponding valuations for Changxin Memory Technologies are 1 trillion yuan, 1.5 trillion yuan, 2.3 trillion yuan, and 4.25 trillion yuan. Based on the estimated market cap range of 1 trillion yuan to 4 trillion yuan mentioned above, the corresponding first-day gain after listing falls within the 70%-600% range. Compared to the issue price of 8.66 yuan, the profit potential per winning lot is approximately between 3,000 yuan and 26,000 yuan. In addition, Changxin Memory Technologies announced that the funds raised this time will be fully invested in three major domestic substitution projects for storage, namely the upgrade and transformation of the 12-inch DRAM wafer production line, the technology upgrade of HBM and automotive-grade storage, and the forward-looking technology R&D of next-generation storage.