Following ChangXin Technology's IPO, the scale of employee bonuses promised by Zhu Yiming reached $5.6 billion.
7x24h News
Following ChangXin Technology's IPO, the scale of employee bonuses promised by Zhu Yiming reached $5.6 billion.
According to the Bloomberg Billionaires Index, after Changxin Technology went public, Zhu Yiming's net worth surged by nearly 300%, reaching $13.9 billion. In the company's IPO prospectus in May, Zhu Yiming committed to transferring 767.9 million shares for an employee incentive plan. After Changxin Technology's stock price surged 466% on the first day of listing, the value of these shares reached $5.6 billion. In other words, 40% of Zhu Yiming's wealth will be distributed to employees as bonuses.
Navigating Web3 tides with focused insightsTechFlow reports, July 27, according to the Bloomberg Billionaires Index, after CXMT's listing, Zhu Yiming's net worth surged by nearly 300%, reaching $13.9 billion. Zhu Yiming committed in the company's IPO prospectus in May to transferring 767.9 million shares for an employee incentive plan. After CXMT's stock price surged 466% on the first day of listing, the value of these shares has reached $5.6 billion. In other words, 40% of Zhu Yiming's wealth will be distributed to employees as bonuses.
Meanwhile, Zhu Yiming also committed to not reducing his shareholding within 10 years. However, CXMT's bonus plan has specific conditions, including distribution after three years, a distribution period of ten years, and an unclear scope of beneficiaries. The company had a total of 19,298 employees as of the end of 2025. (Jin10)
