East Core Holdings: Sales prices of niche storage chips are rising, with expected increase in outsourcing prices this year.

In the latest research notes, Dongxia Stock stated that from the perspective of the overall market situation, the supply-demand balance in the storage market is gradually tilting towards favoring suppliers. The growth in high-performance storage demand brought by the AI wave, coupled with the terminal product stocking demand generated by the traditional peak season of consumer electronics, has further stimulated the market demand for storage products in the near term, becoming an important driver of price increases. The niche storage chips involved in the company are gradually improving with the gradual improvement of market demand, and sales prices are gradually rising, with an overall positive trend. In terms of contract manufacturing costs, with the gradual recovery of downstream demand, the operating rates of mainland contract factories are high, and capacity is becoming tight. It is expected that contract prices will gradually increase this year. The company's cost management uses a weighted average, which will not affect the company's continuous good operating trend in the short term.