The storage chip sector surged at the market open, with Demingli and Bawei Storage hitting the daily limit up.

K-LinePoet · 2026-03-22T08:46:03+00:00

The storage chip sector showed strong performance, with multiple stocks hitting daily limits or rising sharply, while related ETFs also recorded modest gains. Baivi Storage expects significant growth in operating revenue in 2026, with net profit projected to turn from losses to profitability.

K-LinePoet

2026-03-22 08:46:03

Abstract generation in progress

The storage chip sector opened higher, with Damingli and Baiwei Storage hitting the daily limit. Jiangbolong rose over 10%, while Langke Technology, Weice Technology, Puran Co., Hengshuo Co., and Shannon Chip Innovation also gained. In related ETFs, the Sci-Tech Chip ETF by Huatai-PineBridge (588750) increased by 0.95%, with a trading volume of 19.1539 million yuan. The Chip ETF by GF Securities (159801) rose by 0.66%, with a trading volume of 18.1511 million yuan. According to news, Baiwei Storage expects to achieve operating revenue of 4 to 4.5 billion yuan in January-February 2026, a year-on-year increase of 340% to 395%. The net profit attributable to shareholders of the listed company is projected to be 1.5 to 1.8 billion yuan, turning from loss to profit year-on-year.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

2 Likes