Xu Mingxing lent 1,500 bitcoins to Li Feng in 2014, and Li Feng has still not returned them to Xu Mingxing. Based on current value, this is approximately 135 million USD, nearly 1 billion RMB.
Li Feng is currently a co-founder of Moer Technology, a publicly listed company in the A-share market. The initial listing price of Moer Technology was 114 RMB per share, and on the first day of trading, the share price rose to 688 RMB. Moer Technology currently has a total market value of 285 billion RMB.
