On the evening of July 26th Beijing time, Xingjing Weiwu Group was listed on the NASDAQ Stock Exchange with the stock code "NIPG", marking the official birth of China's first esports stock.
He Youjun, Chairman and Co CEO of Xingjing Weiwu Group, Hicham Chahine, Co CEO of Xingjing Weiwu Group, and Sun Liwei, President of Xingjing Weiwu Group, attended the Nasdaq bell ringing ceremony.
29 year old He Youjun directly holds 14.2% of the shares and is the largest shareholder of Xingjing Weiwu.
List of Board of Directors of Xingjing Weiwu
List of Major Shareholders of Xingjing Weiwu
In this IPO, Xingjing Weiwu Group issued a total of 2.25 million ADS (American Depositary Shares) at a price of $9 per ADS, raising a total of $20.25 million.
As of the close of the first trading day, Xingjing Weiwu's stock price was $9.02 per share, up 0.22%, with a market value of $510 million.