Yushu Technology's angel investor Yin Fangming made an early investment of 2 million yuan for a 2.76% stake, netting a profit of 1.683 billion yuan based on the issuance market value

Yushu Technology was founded in 2016 and received seed round investment from early angel investor Yin Fangming, who invested 2 million yuan for a 15% equity stake, marking Yushu Technology's first external investment at that time.

After several rounds of financing dilution, as of the IPO, Jun Wan Hong Yi, controlled by Yin Fangming, held 11,174,900 shares, with a shareholding ratio of approximately 2.76%, making him the tenth largest shareholder of Yushu Technology. Based on an issuance market value of 61 billion yuan, the market value of his shares is approximately 1.685 billion yuan. Compared to his initial investment of 2 million yuan, he netted 1.683 billion yuan, achieving a return rate of 841.5 times.