Core Viewpoint - The company indicates that the demand for data storage driven by AI continues to impact storage prices, with major cloud service providers placing large orders, leading to a supply shortage in the non-server market [1] Industry Summary - The CFM flash memory market is expected to maintain an upward trend into Q1 2026, with Mobile eMMC/UFS prices projected to increase by 25%-30%, LPDDR4X/5X by 30%-35%, and PC DDR5/LPDDR5X by 30%-35% [1] - cSSD prices are anticipated to rise by 25%-30%, reflecting the overall positive pricing trend in the storage market [1] - The company will closely monitor industry price trends and actively adjust its business strategies accordingly [1]

Core Viewpoint - Jiangbolong (301308.SZ) anticipates significant price increases in various memory products by Q1 2026, driven by cautious capacity expansion strategies from major manufacturers influenced by past cycles [1] Group 1: Market Predictions - According to market forecasts, Mobile eMMC/UFS prices are expected to rise by 25% to 30% in Q1 2026 [1] - LPDDR4X/5X prices are projected to increase by 30% to 35% during the same period [1] - PC DDR5/LPDDR5X prices are also expected to see a rise of 30% to 35% [1] Group 2: Capacity Expansion and Production Impact - Major manufacturers are maintaining a cautious approach to capacity expansion, which may limit the incremental contribution to output in 2026 due to the lag in capacity construction cycles [1] - A rebound in capital expenditures is anticipated, but its impact on production may be constrained [1] Group 3: Other Product Price Increases - cSSD prices are forecasted to increase by 25% to 30% in Q1 2026 [1]