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RUIXIN INT'L: (1) SUPPLEMENTAL ANNOUNCEMENT -QUARTERLY UPDATE ON RESUMPTION PROGRESS;(2) DELAY IN PUBLICATION OF 2024 ANNUAL RESULTSAND DESPATCH OF 2024 ANNUAL REPORTAND(3) CONTINUED SUSPENSION OF TRADING
Production cuts and price increases! Multiple factors are affecting the gradual rise of domestic Memory Chips.
Currently, Chinese manufacturers are taking over the baton of counter-cyclical investment. According to Yangtze Memory Technologies' second-phase plan, its production capacity is expected to increase to about 300,000 wafers per month by 2025, approximately equal to the NAND Flash capacity of SK Hynix, with market share expanding to 10% of the global market.
Hong Kong stock Concept tracking | National AI Industry Investment Fund established, computing power and storage chips may become key investment directions (with Concept stocks attached)
Tianyancha shows that the National AI Industry Investment Fund Partnership (Limited Partnership) was established on January 17, with a contribution amount of 60.06 billion yuan.
Hong Kong chip stocks continue to celebrate, with Semiconductor Manufacturing International Corporation once surging over 6%! Institutions: The domestic Industry Chain is expected to continue accelerating.
CITIC SEC released a research report indicating that the Dutch government announced it will further restrict the export of certain technologies and equipment used for advanced Semiconductors production starting from April 1, 2025.
Ruixin int'l (00724): Li Bizhi has been appointed as the company secretary.
Ruixin Int'l Group (00724) announced that Yang Junjie has stepped down as a director of Hong Kong Exchanges and Clearing Limited (Securities...
Ruixin int'l (00724) is actively considering various methods to properly manage and restart the business, continuing to suspend trading.
Ruixin int'l (00724) has announced that the group is mainly engaged in the manufacturing and trading of electronic and electrical parts and components.