Core Viewpoint - Deminli (001309) has announced that its recent business operations are normal, with no significant changes in the internal and external operating environment. The company is currently planning a refinancing initiative, which is still in the internal communication phase, and no specific plan or amount has been determined yet [1][2]. Company Overview - Deminli is a solution provider focused on the storage sector, with integrated circuit design and R&D as its core technological foundation. The company has developed a dual-support system of "hard technology + soft services" and has mastered the core technology of self-controlled main control chip R&D and industrial application [1]. - The product line includes solid-state drives, embedded storage, memory modules, and mobile storage, widely used in data centers, mobile phones, automotive electronics, tablets, and security monitoring [1]. - Deminli has been providing customized, high-quality, and high-performance storage products and solutions to customers in over 100 countries and regions [1]. Stock Trading Activity - Deminli's stock price has experienced an abnormal fluctuation, with a cumulative closing price increase of over 20% over three trading days (November 6, 7, and 10, 2025) [1]. - The company confirmed that there are no corrections or supplements needed for previously disclosed information and has not identified any significant undisclosed information affecting stock prices [2]. Supply Chain and Market Position - As a leading company in the domestic storage module industry, Deminli maintains close cooperation with major storage manufacturers like Yangtze Memory Technologies and Changxin Memory Technologies [2]. - The company is enhancing its supply chain risk management capabilities and establishing a diversified raw material supply system to adapt to the global supply shortage [2]. Future Market Outlook - The rapid evolution and widespread application of technology driven by the AI wave have led to an explosive growth in data storage demand, providing long-term development momentum for the storage industry [3]. - Following recent price increases by major players like Samsung and Micron, storage product prices are expected to continue rising in the fourth quarter due to increased capital expenditure forecasts from leading tech companies and growing demand for storage in servers and data centers [3].