Changxin Technology: Uncertainty in AI development affects demand in the DRAM market. Investors need to pay attention to industry fluctuations and risks.

In anticipation of cautious expectations for the full-year performance in 2026, Yuan Yuan, Vice President of Changxin Technology and Secretary of the Board of Directors, stated that the growth in performance since the second half of 2025 has indeed benefited from the surge in AI-driven demand for DRAM and tight industry supply and demand, but the DRAM industry is highly cyclical, with significant price fluctuations, and uncertainty exists in the demand for DRAM in the market due to AI development. The company will continue to enhance its resilience to economic cycles through technological iteration, capacity optimization, and cost control, but investors are advised to remain vigilant of industry volatility and risks.