Baiwei Storage announced that since 2026, the construction of artificial intelligence computing power infrastructure and the growth in storage demand from data centers and cloud service vendors have driven the price of major storage products such as DRAM and NAND Flash to rise significantly. The company continues to expand the emerging AI end side, PC, enterprise storage, smart vehicle and other application markets, and promote the construction of wafer-level advanced sealing and testing manufacturing projects. The company completed the share repurchase on October 19, 2026, with a cumulative repurchase amount of about 250 million yuan. The repurchased shares were all used to cancel and reduce the registered capital; Sun Chengsi, the controlling shareholder, actual controller and chairman, proposed to repurchase the shares at RMB 200 million to RMB 250 million, and the company will proceed with a new round of repurchase plan verification and related review procedures.

Baiwei Storage announced that since 2026, the construction of artificial intelligence computing power infrastructure and the growth in storage demand from data centers and cloud service vendors have driven the price of major storage products such as DRAM and NAND Flash to rise significantly. The company continues to expand the emerging AI end side, PC, enterprise storage, smart vehicle and other application markets, and promote the construction of wafer-level advanced sealing and testing manufacturing projects. The company completed the share repurchase on October 19, 2026, with a cumulative repurchase amount of about 250 million yuan. The repurchased shares were all used to cancel and reduce the registered capital; Sun Chengsi, the controlling shareholder, actual controller and chairman, proposed to repurchase the shares at RMB 200 million to RMB 250 million, and the company will proceed with a new round of repurchase plan verification and related review procedures.