Core Viewpoint - The decline in memory prices has ended, with prices expected to stabilize and rebound in Q1 and Q2 of 2025 [1] Group 1: Price Changes - Hynix's DRAM prices have increased by approximately 12% [2] - SanDisk announced a price increase of over 10% for flash memory products starting April 1 [2] - The fixed trading price for DDR4 8Gb DRAM products rose by 22.22% compared to March [2] Group 2: Industry Overview - DRAM and flash memory are essential components in various devices, including PCs, smartphones, SSDs, and USB drives [4][6] - The demand for DRAM is increasing due to the deployment of GenAI in devices, requiring larger memory capacities [7][8] Group 3: Key Companies in A-Share Market - Major DRAM companies include Beijing Junzheng and Deep Technology, with Deep Technology being a leader in DRAM packaging and testing [13] - Key flash memory companies include Zhaoyi Innovation, Dongxin Co., Puran Co., and Jiangbolong [14] - Zhaoyi Innovation and Dongxin Co. have flash memory revenue shares of over 60% [15] Group 4: Company Profiles - Jiangbolong is a leader in storage modules, including SSDs and memory cards [17] - Demingli's SSDs account for 48.20% of its revenue, with mobile storage at 28.01% [21] - Zhaoyi Innovation's storage chip revenue reached 5.194 billion yuan, making up 70.6% of total revenue [23] - Beijing Junzheng's storage chips are its primary revenue source, focusing on consumer markets like security monitoring [24]