Jiang Bolong (301308): 1Q24's profitability has been greatly improved, and various product lines have blossomed more
Storage prices picked up, and the company's net profit in the first quarter increased nearly 6 times month-on-month. The company mainly uses storage particles as raw materials to develop storage module products. The products include embedded storage, solid state drives (SSD), memory sticks and mobile storage (
Zhongyuan Securities released a research report on April 25 stating that Jiang Bolong (301308.SZ) was given a purchase rating. The main reasons for the rating include: 1) AI is driving a sharp increase in storage demand, and the memory market is expected
Zhongyuan Securities released a research report on April 25 stating that Jiang Bolong (301308.SZ) was given a purchase rating. The main reasons for the rating include: 1) AI is driving a sharp increase in storage demand, and the memory market is expected to recover strongly in 2024; 2) the company's competitive advantage is outstanding, and there is plenty of room for domestic alternatives in the future; 3) the company's storage products expand the enterprise and vehicle grade markets, which are expected to become a new driving force for future growth. (Mainichi Keizai Shimbun)
The overall memory supply may be insufficient in the second half of the year, and the storage industry chain is expected to continue to thrive
① SK Hynix estimates that if the recovery in PC and smartphone demand in the second half of the year causes existing inventory to be exhausted, the memory market will face tension. ② Yongxing Securities believes that as downstream demand may continue to improve, memory chip prices are expected to continue to rise, and related industrial chains are expected to continue to benefit.
Express News | Seven listed memory chip companies revealed first-quarter results, Lanqi Technology's net profit increased more than tenfold year-on-year
Express News | Jiang Bolong: All compliance obligations required of Lexar's US business have been lifted
Jiang Bolong (301308): AI is driving a sharp increase in storage demand and expanding the enterprise and automotive markets to help the company grow in the future
Incident: Recently, the company released the 2023 Annual Report and the 2024 First Quarter Report. In 2023, the company achieved revenue of 10.125 billion yuan, +21.55% year-on-year; net profit to mother - 828 million yuan, YoY-
Jiang Bolong (301308): Strong 1Q performance, optimistic about the 24-year cycle upward
Strong 1Q24 performance, optimistic about fully benefiting from the upward storage cycle Jiang Bolong released 2023 and 1Q24 results: 23 billion yuan in revenue of 10.13 billion yuan (yoy +22%), net profit to mother -8.3
Shenzhen Longsys Electronics Swings to Loss in 2023; Shares Fall 4%
Shenzhen Longsys Electronics (SHE:301308) swung to a loss of 827.8 million yuan in 2023, or 2.01 yuan per share, in 2023, from a profit of 72.8 million yuan, or 0.19 yuan per share, in 2022, accordin
Jiang Bolong (301308.SZ) achieved revenue of 10.125 billion yuan in 2023, a year-on-year increase of 21.55%
Gelonghui, April 21丨Jiang Bolong (301308.SZ) announced that in 2023, the company achieved operating income of 10.125 billion yuan, an increase of 21.55%; realized net profit attributable to shareholders of listed companies - 828 million yuan, a year-on-year decrease of 1,237.15%; and realized net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss - 882 million yuan, a year-on-year decrease of 2,430.87%. Among them, the company's expenses increased year-on-year during the period, mainly due to an increase in R&D investment, and two additional expenses totaling 265 million yuan (employee equity incentive plan share payment expenses
Express News | Jiang Bolong: Net profit of 384 million yuan in the first quarter of 2024 reversed losses year-on-year
Jiang Bolong (301308.SZ): As of April 10, 2024, the total number of shareholders of the company was 26,889
Gelonghui, April 18, 丨 Jiang Bolong (301308.SZ) said on the investor interactive platform that as of April 10, 2024, the total number of shareholders of the company was 26,889 (including credit accounts).
Shanxi Securities: The trend of rising storage prices may continue for longer, and storage vendors are expected to welcome a double hit from Davis
The Zhitong Finance App learned that Shanxi Securities released a research report stating that considering that the operating profit margins of the three major storage manufacturers still have a lot of room to rise from historical highs, and that storage prices continue to rise for at least 6-8 quarters in each upward cycle, storage prices have only risen for 2 quarters in this upward cycle, so the storage price increase trend may continue for longer. In the future, as operating margins improve due to the continued rise in storage prices, storage vendors are expected to face a double hit in performance and valuation, and there is plenty of room for a rebound in the industry. The main opinion of Shanxi Securities is as follows: Shanxi Securities said that the price of upstream storage wafers
Jiang Bolong debuted at CITE2024 to create advanced enterprise-grade data center storage
SHENZHEN, April 10, 2024/PRNewswire/ -- On April 9, the 12th Electronic Information Expo (CITE2024) was held in Shenzhen with the theme of “Pursuing Excellence and Digital Innovation for the Future”. As a national platform showcasing the latest products and technologies in the global electronic information industry, and the largest comprehensive electronic information fair in Asia, the conference attracted more than 1,500 companies to participate, with more than 5,000 innovative products, fully demonstrating the breadth and depth of the entire electronic information industry chain layout. The 12th China Electronic Information Expo Innovation Award was released during this fair
The memory chip sector collectively declined. Baiwei Storage fell by more than 6%. Hengshuo Co., Ltd., Jiang Bolong, and Tongyou Technology all experienced sharp declines for 2 consecutive days.
The memory chip sector collectively declined. Baiwei Storage fell by more than 6%. Hengshuo Co., Ltd., Jiang Bolong, and Tongyou Technology all experienced sharp declines for 2 consecutive days.
Guoxin Securities Semiconductor's April Investment Strategy: During the performance disclosure period, it is recommended to focus on storage chains, semiconductor equipment, etc.
Guoxin Securities released a research report saying that April is a period of intensive disclosure of annual reports and quarterly reports. The semiconductor industry suggests focusing on: 1) Storage chain: storage in semiconductor products has strong cyclical properties and high performance flexibility in the upward phase. It continues to recommend storage module targets such as Jiang Bolong (301308.SZ) and Demingli (001309.SZ). 2) Semiconductor equipment: Domestic replacement demand supports its orders and performance. At the same time, the valuation has been at 10.71% since 2019. We continue to recommend China Micro (688012.SH), Beifang Huachuang (002371.SZ), and Tuojing Technology (6
The memory chip sector bottomed out and rebounded, causing stocks to rise or fall
Gelonghui, April 3 | Dawei shares rose and stopped, Jiang Bolong surged 6%, and Hengshuo shares, Baiwei Storage, and Pran shares quickly followed suit. According to the news, some media quoted unnamed industry insiders as saying that due to strong demand, Samsung Electronics will raise commercial solid-state drive prices by up to 25% in the second quarter. The planned increase was around 15%, but as demand “surged beyond expectations,” the storage giant decided to raise the increase.
Jiang Bolong (301308.SZ): Its Lexar brand nm memory card is compatible with P70 phones
Gelonghui, April 2 | Jiang Bolong (301308.SZ) said on the investor interactive platform that the company's Lexar (Lexar) brand NM memory cards are compatible with P70 phones.
CICC: Major types of storage benefit from HBM's short supply and demand pattern, which is expected to continue to be optimized
With the gradual recovery of demand in the downstream mobile phone, PC, server and other industries, and the gradual implementation of production capacity cuts by original storage manufacturers, starting in 3Q23, the prices of some major storage categories began to bottom out and enter an upward channel.
Express News | Jiang Bolong: Supplied a high-speed car DVR flash drive under the company's Foresee brand to Xiaomi
Jiang Bolong (301308.SZ): Supplied the company's FORESEE brand car DVR high-speed flash drive to Xiaomi
Gelonghui, March 29丨Jiang Bolong (301308.SZ) said on the investor interactive platform that since the vehicle-grade storage business involves many complex preparations such as early product introduction, testing and verification, Xiaomi, as a new power brand in the field of new energy vehicles, has not yet cooperated with it in the relevant vehicle-grade storage business. However, the company supplied Xiaomi Motors with a high-speed flash drive for the car DVR under the company's FORESEE brand. In addition to this, the company and Xiaomi also maintain continuous and in-depth cooperation on the memory business on various consumer smart terminals.
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