Yin Fangming Invests 2 Million Yuan in Yushu Technology, Gains 1.683 Billion Yuan with 2.76% Equity

Yushu Technology was founded in 2016, with early angel investor Yin Fangming investing 2 million yuan to acquire a 15% equity stake, marking the first external investment. After several rounds of financing dilution, as of the IPO, Junwan Hongyi, controlled by Yin Fangming, held 11.1749 million shares, accounting for approximately 2.76% of the total shares, making him the tenth largest shareholder of Yushu Technology. Based on an issuance market value of 61 billion yuan, the value of his shares is approximately 1.685 billion yuan. Compared to his initial investment of 2 million yuan, he netted a profit of 1.683 billion yuan, achieving a return on investment of 841.5 times.

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