Core Viewpoint - Jiangbolong (301308.SZ) has signed a memorandum of cooperation with global storage giant SanDisk to launch customized high-quality UFS products and solutions for the mobile and IoT markets, marking their first collaboration [1][2]. Group 1: Partnership Details - The cooperation involves Jiangbolong's subsidiary Longsys Electronics and SanDisk, leveraging Jiangbolong's strengths in controller chips, firmware development, and packaging to meet the stringent performance and AI requirements of mobile and IoT applications [2]. - SanDisk will utilize its expertise in embedded UFS system design, employing advanced BiSC8218 3D NAND flash technology and revolutionary CBA technology to deliver competitive cost, capacity, performance, and reliability [2]. Group 2: Market Impact - Following the announcement, Jiangbolong's stock price surged by 6.83%, closing at 76.6 yuan per share [3]. - Jiangbolong is recognized as the second-largest independent memory manufacturer globally and the largest in China, with a significant international presence established through acquisitions and global sales networks [3]. Group 3: Financial Performance - Jiangbolong's revenue from overseas operations has shown consistent growth, with figures of 6.511 billion yuan, 7.806 billion yuan, and 12.425 billion yuan from 2022 to 2024, maintaining over 70% of total revenue [3]. - The company reported a revenue of 17.464 billion yuan in 2024, a year-on-year increase of 72.48%, and a net profit of 499 million yuan, marking a turnaround from previous losses [4]. Group 4: R&D Investment - Jiangbolong has significantly increased its R&D expenditure, investing 3.56 billion yuan, 5.94 billion yuan, and 9.10 billion yuan from 2022 to 2024, with a total of 2.29 billion yuan in the first quarter of 2025 [5]. - The company has focused on expanding its enterprise storage product market, achieving over 200% year-on-year growth in revenue from enterprise storage products in the first quarter [5].
江波龙合作闪迪推定制化产品 拓展市场上市累投超20亿研发