Changjiang Storage's revenue exceeded 20 billion yuan in the first quarter, with upstream suppliers such as Changhong Technology and Jingce Electronic accelerating supply.
On April 15th, it was learned from industry insiders that due to a surge in large storage chip orders, Wuhan Yangtze Memory is expanding its production capacity at the fastest rate. In the first quarter of this year, revenue has exceeded 20 billion yuan, doubling compared to the previous year. As domestic memory manufacturers expand production, the supply rhythm of upstream equipment and consumables manufacturers will accelerate. Reporters have learned that companies such as Changhong Technology, Jingshuo Electronics, and Dinglong Stock have cooperated with domestic memory manufacturers. Among them, Changhong Technology will supply small quantities to domestic memory manufacturers in 2025, and by 2026, its share of client purchases will quickly increase to over half, entering the main supply sequence, and subsequent supply quantities will also increase rapidly. In orders for this type of product, domestic supply will exceed the share of imported products for the first time.
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