Legend Capital: After Backing Trillion Zhipu and ChangXin

Legend Capital has achieved 9 IPOs since the start of the year; Zhipu's market value briefly surpassed 1 trillion yuan, and ChangXin Technology's market value briefly surpassed 4 trillion yuan. The Social Security Zhongguancun Special Fund it manages (5 billion yuan in its first phase) has seen its first batch of portfolio companies—Zhipu AI, SJ Semiconductor, and Jingfeng Medical—go public. The fund has leveraged more than 30 billion yuan in social capital cumulatively, a leverage ratio of more than 9x.