Today, Changxin Technology's two announcements ignited the entire storage sector's sentiment. As the absolute leader in domestic storage chips, in the first quarter of this year, it achieved an operating revenue of 50.8 billion yuan, a year-on-year increase of 719%, with a net profit of 33 billion yuan. Last year, during the same period, it was still losing over 2 billion yuan. The company's own guidance for the first half of the year is even more astonishing, expecting revenue of 110 to 120 billion yuan, and net profit attributable to the parent after non-recurring gains and losses of 52 to 58 billion yuan.

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