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<p>In the second half of this year, ChangXin Memory Technologies will officially list on the STAR Market of the Shanghai Stock Exchange, with market estimates valuing it between 2 trillion and 5 trillion RMB. Hefei City Investment, which invested heavily in the company years ago and bore losses for many years, is now reaping at least a dozens-fold return on this investment. This means Hefei will have ample fiscal resources for the next 30 years, even if it stops selling land entirely.

Isn’t it fair to say that Hefei City Investment has the best vision in the country and is the most skilled state-owned venture capital firm in investing in hard tech?</p>

In the second half of this year, ChangXin Memory Technologies will officially list on the STAR Market of the Shanghai Stock Exchange, with market estimates valuing it between 2 trillion and 5 trillion RMB. Hefei City Investment, which invested heavily in the company years ago and bore losses for many years, is now reaping at least a dozens-fold return on this investment. This means Hefei will have ample fiscal resources for the next 30 years, even if it stops selling land entirely.
Isn’t it fair

In the second half of this year, ChangXin Memory Technologies will officially list on the STAR Market of the Shanghai Stock Exchange, with market estimates valuing it between 2 trillion and 5 trillion RMB. Hefei City Investment, which invested heavily in the company years ago and bore losses for many years, is now reaping at least a dozens-fold return on this investment. This means Hefei will have ample fiscal resources for the next 30 years, even if it stops selling land entirely. Isn’t it fair to say that Hefei City Investment has the best vision in the country and is the most skilled state-owned venture capital firm in investing in hard tech?

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