Baiwei Storage (688525) announced on March 3rd that, based on preliminary estimates, the company expects to achieve operating revenue of 4 billion to 4.5 billion yuan in January–February 2026, a year-on-year increase of 340% to 395%; net profit attributable to shareholders of 1.5 billion to 1.8 billion yuan, a year-on-year increase of 921.77% to 1086.13%. The storage industry will enter a high prosperity cycle in 2026, driven by AI computing power and domestic substitution, leading to continuous increases in DRAM/NAND prices. Industry supply will be tight, and the company will benefit significantly.
(Source: People’s Financial News)
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Baiwei Storage: Expected net profit growth of 921.77% to 1086.13% year-on-year in January-February, industry supply cannot meet demand
Baiwei Storage (688525) announced on March 3rd that, based on preliminary estimates, the company expects to achieve operating revenue of 4 billion to 4.5 billion yuan in January–February 2026, a year-on-year increase of 340% to 395%; net profit attributable to shareholders of 1.5 billion to 1.8 billion yuan, a year-on-year increase of 921.77% to 1086.13%. The storage industry will enter a high prosperity cycle in 2026, driven by AI computing power and domestic substitution, leading to continuous increases in DRAM/NAND prices. Industry supply will be tight, and the company will benefit significantly.
(Source: People’s Financial News)