Sharetronic(SZ:300857) Chang Jiang Shang Bao·2025-10-12 23:36Core Viewpoint - The company, Xiechuang Data, has made significant progress in its industrial layout, particularly in the storage business, which has led to a substantial increase in stock price and steady growth in operating performance [1][4][7]. Group 1: Industrial Layout and Performance - Xiechuang Data has established a full-chain industrial layout from storage chip testing to storage module assembly, with multiple types of storage products achieving mass shipments [1][5]. - Since its listing in 2020, the company has experienced continuous growth in revenue and net profit, with a net profit of 432 million yuan in the first half of 2025, surpassing the total for 2022 and 2023 combined [1][8]. - The company has accelerated its internationalization strategy, planning a Hong Kong IPO to optimize overseas business layout and enhance foreign financing capabilities [1][9]. Group 2: Stock Performance - Despite a recent decline in stock price, Xiechuang Data's stock has doubled in the past two months, with a price increase of 121.62% from 76.89 yuan on August 8, 2025, to 170.40 yuan on October 10, 2025 [2][3]. - The stock price has increased nearly 25 times since its initial offering price of 9.3 yuan, reflecting strong market performance [2][3][4]. Group 3: Revenue Growth and International Market - The company's overseas revenue accounted for 48.32% of total revenue in the first half of 2025, with a year-on-year growth of 41.71%, indicating a stable development in international markets [1][9]. - Xiechuang Data has invested in factories in Southeast Asia and has established a presence in regions such as the Philippines, Thailand, and the United States, contributing significantly to its revenue [9].