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On June 11th, Insta360 debuted on the STAR Market of the A-share market with an impressive opening price of 182 yuan, pushing its market value beyond 72 billion yuan. Since its founding in 2014, under the leadership of founder Liu Jingkang, the company has soared to become the global leader in panoramic camera shipments, garnering sustained investor interest from firms like IDG Capital. With approximately 500 million yuan in funding, Insta360 has firmly established itself at the forefront of this niche market. This success underscores the triumphs of young tech enthusiasts and the prowess of Chinese innovation. Despite operating within a relatively specialized market for panoramic and action cameras, Insta360 has achieved remarkable growth through relentless product innovation and expansion into international markets.
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