21世纪经济报道·2026-01-22 12:25Core Viewpoint - The storage chip industry is experiencing a significant growth phase driven by AI demand, with leading companies like Demingli (001309.SZ) forecasting substantial revenue and profit increases for 2025, indicating a robust market outlook for storage products [1][6][12]. Group 1: Company Performance Forecasts - Demingli expects 2025 revenue between 10.3 billion to 11.3 billion yuan, a year-on-year increase of 115.82% to 136.77%, with net profit projected at 650 million to 800 million yuan, reflecting an increase of 85.42% to 128.21% [1][6]. - The fourth quarter of 2025 is anticipated to see net profit between 677 million to 827 million yuan, marking a staggering growth of 1051.59% to 1262.41% year-on-year [1][6]. - Other companies like Baiwei Storage (688525.SH) and Lanke Technology (688008.SH) have also reported optimistic forecasts, with Baiwei expecting revenue of 10 billion to 12 billion yuan, a growth of 49.36% to 79.23% [6][7]. Group 2: Market Trends and Drivers - The global storage market is entering a "super cycle" driven by AI, with supply-demand imbalances leading to rising prices for storage products, benefiting manufacturers [4][12]. - Major storage manufacturers are adjusting production strategies, with companies like Samsung and SK Hynix reducing output of traditional memory chips while increasing capacity for high-performance products [12][13]. - The demand for high-performance storage solutions is surging due to the proliferation of AI applications, which require advanced storage capabilities for data centers and AI servers [12][13]. Group 3: Stock Market Performance - The storage sector has seen significant stock price increases, with companies like Xiangnong Chip (300475.SZ) rising over 407% and Demingli increasing by over 273% since the beginning of the year [8][9]. - The storage index has risen nearly 119% over the past year, with continued upward momentum in 2023 [1][9]. Group 4: Expansion Plans of Domestic Manufacturers - Domestic storage manufacturers are ramping up production capacity through new investments and expansions, with Demingli and Baiwei Storage announcing significant fundraising plans to enhance their production capabilities [11][14]. - The industry is expected to see continued price increases for storage products into 2026, driven by ongoing supply constraints and rising demand [12][14].