Jiang BaoLong: When the price of storage wafers rises, it will have a positive impact on the company's gross profit margin.

Jiang Bolong stated during the institutional research that the production cycle interval from wafer procurement to memory sales determines that the increase in wafer prices will have a positive impact on the company's gross profit margin. In recent years, the company has continuously made breakthroughs in high-end storage, overseas business, and self-developed control chip, among other areas. Endogenous growth factors will more directly and sustainably drive the company's profitability improvement. The company has established long-term direct cooperation relationships with major global storage wafer manufacturers, leading in the storage wafer supply chain among peers. By signing long-term supply agreements or commercial cooperation memorandums, the company can effectively ensure the continuous and stable supply of storage wafers.