A momentous event unfolded as Changxin Technology made its triumphant debut on the Science and Technology Innovation Board (STAR Market), pricing its shares at 8.66 yuan each. Upon market opening, the stock price skyrocketed by 460%, peaking at around 49.88 yuan per share and propelling the company's market value to surpass 3.2 trillion yuan. Remarkably, the total capital raised by Changxin Technology through this offering reached an impressive 57.919 billion yuan (pre-exercise of the over-allotment option), eclipsing the 53.2 billion yuan raised by SMIC in 2020 and setting a new benchmark for IPO fundraising on the STAR Market. Concurrently, its A-share fundraising volume ranks among the top five in history, trailing only behind the Agricultural Bank of China, PetroChina, China Shenhua, and China Construction Bank, thereby establishing it as the largest technology stock IPO in the annals of A-shares.