Core Viewpoint - Yachuang Electronics (301099) is focusing on expanding its business in the storage chip sector while maintaining a diverse product distribution portfolio, which includes passive components, optoelectronic devices, and general integrated circuits [1] Business Structure - The core business of Yachuang Electronics is the distribution of storage chips, with a gross margin of approximately 3%-4% [1] - The gross margin for non-storage related businesses is significantly higher, generally ranging from 10%-15% [1] Market Performance - The company's stock price is influenced by multiple factors, including macroeconomic conditions, industry policies, and market sentiment [1] Future Outlook - Yachuang Electronics aims to actively seize industry development trends and continuously enhance its core competitiveness in the storage chip field [1]