Core Viewpoint - The stock of Zhaoyi Innovation (03986) surged over 12%, reaching a new high since its listing, driven by positive market conditions in the semiconductor industry, particularly in memory products [1][4]. Group 1: Company Performance - Zhaoyi Innovation's stock price increased by 10.98%, currently reported at 339.60 HKD, with a trading volume of 348 million HKD [1][4]. - The company holds the largest market share in NOR Flash and SLC NAND Flash products in mainland China for 2024, and is the second largest in niche DRAM [1][4]. Group 2: Industry Trends - SanDisk's stock rose over 9% in the US market, reaching a historical high, indicating strong demand in the memory sector [1][4]. - Micron, a major player in the memory industry, stated that the slow expansion of wafer fabs and complex customer certification processes will likely prolong the current memory shortage until at least 2028 [1][4]. - Morgan Stanley's report predicts a 50% price increase for DDR4 in Q1 2026 due to supply constraints, with the price trend expected to continue into Q2 [1][4]. - The shift in production capacity towards DDR4 has resulted in a severe shortage of high-density DDR3, positively impacting the performance of related suppliers [1][4].