The price increase of storage chips has driven up the performance expectations for Xinsun Chengbang and Jincun Technology to double.

According to the person in charge of Core Trust Chengbang, a storage chip subsidiary under Chengbang Group, storage chip prices have risen by over 70% in the past two months, with the upward trend being "fiercer than gold". The company originally planned for a net profit of about 16 to 18 million yuan for the whole year, but due to the current price hike, it is expected to reach 30 million yuan, doubling the profit. Not only Core Trust Chengbang, but also module factories like Shenzhen Crystal Storage Technology have seen a rebound in performance. The person in charge of Crystal Storage Technology mentioned that this round of price increase has significantly improved the profits of module factories, with a noticeable growth rate this year, and the possibility of achieving a doubling growth next year.