BlockBeats News, June 30, well-known investor and Chairman of Shenzhen Oriental Harbor Investment Management Co., Ltd., Duan Bin, stated in a social media post that he expects ChangXin Storage's market value to reach 2 trillion, 3 trillion, or even 5 trillion after it goes public, and referred to it as creating a new "Mount Everest" in the A-share market.

Earlier reports indicated that ChangXin Storage has received CSRC approval for its Science and Technology Innovation Board (STAR Market) IPO. ChangXin Storage's IPO is planning 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 Storage achieved operating income of 50.8 billion yuan, a year-on-year surge of 719.13%, with a net profit attributable to the parent company of 24.762 billion yuan. It is expected that the operating income for the first half of 2026 will be between 110 billion and 120 billion yuan, with an estimated net profit attributable to the parent company of 50 billion to 57 billion yuan.