Changes in Hong Kong stocks | Junzheng shares (03223) rose more than 5%. The company benefited from the continuous expansion of new product fields during the storage boom cycle

The Zhitong Finance App learned that the stock price of Junzheng Co., Ltd. (03223) was higher. As of press release, it had risen 5.50% to HK$84.35, with a turnover of HK$75.113,500.

According to the news, according to a report by Blue Whale News, a number of storage industry sources recently revealed that some leading companies have verbally informed channel providers of their intention to increase the price of enterprise-grade granules. The price increase letter has not yet been officially issued, but the price on the channel side has already moved first. According to reports, the storage business contributed to the main increase in the company's performance in the first three quarters. Its quarterly revenue for memory chips in the third quarter was about 2,284 billion yuan, an increase of 206.16% over the previous year.

Huaxi Securities pointed out that it continues to be optimistic about the company's “computing+storage+simulation” business layout. In addition to benefiting from price increases caused by the imbalance between supply and demand, the company is also actively expanding into new products and fields. In particular, the company's Flash business has begun to perform well in the AI field. China Post Securities believes that the company will seize the storage cycle and AI hardware penetration opportunities, continue to develop and iterate new products, introduce high-quality Changxie customers, and make steady breakthroughs in various types of chips in emerging markets related to automobiles and AI, laying a solid foundation for subsequent share growth.