The Zhitong Finance App learned that Mega Easy Innovation (03986) rose by more than 5%. As of press release, it had risen 5.05% to HK$494.8, with a turnover of HK$1,416 billion.
According to the news, GigaYi Innovation released an investor relations activity record announcement. DRAM products have gone through several consecutive quarters of price increases. By the end of the second quarter of this year, the price of niche DRAM was still on an upward trend. It is expected that the upward trend will continue in the second half of the year, and prices will rise moderately. Looking ahead to 2027, the release of incremental production capacity in the DRAM industry is relatively limited, the tight DRAM supply situation will not ease significantly, the industry boom cycle will be relatively long, and product prices will fluctuate at a high level.
According to the semi-annual report previously released by Zhaoyi Innovation, the first half of this year achieved operating income of 11.566 billion yuan, an increase of 178.67% over the previous year; net profit to mother was 6.857 billion yuan, an increase of 1091.5% over the previous year. Looking at the second quarter alone, net profit was 5.396 billion yuan, an increase of 269% over the previous quarter. Zhongtai Securities pointed out that during the storage cycle, price increases in niche DRAM, SLCNAND, and NorFlash continued to exceed expectations. The company's memory chip revenue increased 245% year on year in the first half of the year, and niche DRAM and SLCNAND grew rapidly year on year, and the company is expected to continue to fully benefit.