Fujian Zhangzhou Development Co LtdThe company indirectly holds about 3.06 million shares of Changxin Technology, subject to a 36-month lock-up; stock price fluctuations may affect financial position.

Zhangzhou Development announced that Changxin Technology Group, in which its participating fund GF Xinde Xiangcheng Fund invested through Xinde Xincheng Fund, had its initial public offering listed on the STAR Market on July 27, 2026, at an issue price of 8.66 yuan per share. Xinde Xincheng Fund holds about 168 million shares of Changxin Technology, representing 0.25 percent of the total post-IPO share capital. Based on its share of the holding, the company indirectly holds about 3.06 million shares of Changxin Technology. These shares are subject to a 36-month lock-up period, and fluctuations in the stock price may affect the company's financial position.
Fujian Zhangzhou Development Co LtdThe company indirectly holds about 3.06 million shares of Changxin Technology, subject to a 36-month lock-up; stock price fluctuations may affect financial position.
Changxin Technology had its IPO on the STAR Market at 8.66 yuan per share, raising capital and providing a public valuation.