By the close of morning trading on July 27th, ChangXin Memory Technologies (长鑫科技) shares had surged by 531.06%, reaching a market capitalization of 3.7 trillion yuan. In stark contrast, Gigadevice Semiconductor Inc. (兆易创新) hit the daily downside limit during the session before partially recovering to close the morning down 5.53%.

The extreme performance divergence is directly linked to a single individual: Zhu Yiming, founder and chairman of ChangXin Memory Technologies, who also founded Gigadevice Semiconductor Inc. (兆易创新). Zhu Yiming holds 1.592 billion shares of ChangXin Memory Technologies, representing approximately 2.38% of the company's total equity, while simultaneously owning a 5.13% stake in Gigadevice Semiconductor Inc. (兆易创新).

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Editor: Shi Xiuzhen SF183