Group 1 - The core viewpoint of the article highlights the significant rise in the stock price of Zhaoyi Innovation (03986), which opened over 7% higher and reached a peak of 349 HKD, marking a cumulative increase of 115% from its IPO price [1] - The article notes that U.S. storage stocks surged, with SanDisk experiencing a more than 10% increase, and a year-to-date gain exceeding 111% as of 2026 [1] - Supply chain reports indicate that major storage manufacturers, such as Winbond and Nanya Technology, have extended their long-term supply agreements (LTA) from one year to at least two years, with some clients discussing frameworks extending close to 2030 [1] Group 2 - According to招商证券, the demand for AI continues to grow at a pace that outstrips production capacity, leading to price increases in consumer storage and niche storage due to capacity constraints and downstream panic stocking [1] - On January 22, Zhaoyi Innovation announced the launch of its new GD32H7 series ultra-high-performance MCUs, which include the GD32H789/779 series and the GD32H78E/77E series, featuring a high frequency of up to 750 MHz and advanced memory architecture [1] - The new MCU series is based on the Arm Cortex-M7 core, achieving a balance of high performance, low dynamic power consumption, and high-speed communication [1]