Group 1: Market Trends and Pricing - The price of 512Gb TLC/1Tb TLC/QLC NAND in the spot market has increased by nearly 40% from September to late October 2025 [3] - The demand for servers has significantly exceeded original supply expectations due to cloud service providers increasing orders for high-capacity QLC SSDs [2] Group 2: Profitability and Supply Chain - The rising prices of wafers positively impact the company's gross margin, although raw material price fluctuations are only one factor affecting performance [4] - The company maintains strong inventory turnover and has established long-term partnerships with major wafer suppliers, ensuring supply chain resilience [4] Group 3: Business Growth and Product Development - The company ranks third in total capacity for enterprise SATA SSDs in China for the first half of 2025, leading among domestic brands [5] - The company is actively expanding its high-performance storage products for data centers and has launched SOCAMM2, designed specifically for AI data centers [5] - The UFS4.1 product, developed in-house, has shown superior performance in speed and stability compared to market alternatives, gaining recognition from major Tier 1 clients [6] Group 4: Chip Development and Deployment - The company has launched four series of storage controller chips, achieving a cumulative deployment of over 100 million units by the end of Q3 2025, with rapid growth expected [6] - The UFS4.1 products are currently undergoing validation with multiple Tier 1 manufacturers, indicating strong market potential [6]
江波龙(301308) - 2025年10月30日-31日投资者关系活动记录表