Baiwei Storage: Expected 3200%-3422% year-on-year growth in net profit for the first half of 2026

Mars Finance reports that, in a disclosure, Binwei Storage (688525.SH) said it expects net profit attributable to owners of the parent company for the first half of 2026 to be RMB 7.00 billion-7.50 billion, up 3200%-3422% year-on-year. The performance change is mainly due to the AI computing power boom and the storage industry entering a high-sentiment cycle. The company’s products and customer mix continue to be optimized, while it also increases investment in areas including chip design, solutions, advanced packaging and testing, and testing equipment to strengthen market competitiveness. (China Finance Network)
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