On March 3, Biwin Storage Technology Co., Ltd. issued a voluntary disclosure announcement regarding its preliminary performance estimates for January to February 2026. According to the announcement, following preliminary calculations by the finance department, the company expects to achieve operating revenue between 4 billion yuan and 4.5 billion yuan during this period, representing a year-on-year increase of 340.00% to 395.00%. It also anticipates net profit attributable to owners of the parent company to be in the range of 1.5 billion yuan to 1.8 billion yuan, marking an increase of 921.77% to 1086.13% compared to the same period last year.
Biwin Storage attributed the significant performance improvement primarily to the highly favorable cycle experienced by the memory storage industry in 2026. Driven by artificial intelligence computing power and domestic substitution trends, prices of DRAM and NAND have continued to rise, creating a supply shortage in the industry from which the company has substantially benefited. Additionally, to enhance the market competitiveness of its products in the AI era, the company has persistently increased investments in areas such as chip design, solution development, advanced packaging and testing, and testing equipment.
The recovery in the memory storage industry was already evident in 2025, when the company reported a net profit growth exceeding 400%. Established in 2010, Biwin Storage specializes in the research, design, packaging, testing, manufacturing, and sales of semiconductor memory products. Its main offerings include semiconductor memory devices and advanced packaging and testing services. Semiconductor memory products are further categorized by application into embedded storage, PC storage, industrial and automotive-grade storage, enterprise-level storage, and mobile storage.
On February 28, the company released an earnings forecast announcement indicating substantial growth in 2025. Full-year operating revenue reached 112.96 million yuan, up 68.72% year-on-year. Net profit attributable to parent company owners totaled 8.67 million yuan, an increase of 437.56%, while net profit excluding non-recurring gains or losses rose 1088.86% to 796 million yuan.
Biwin Storage stated that the recovery in the storage industry led to significant business expansion. In 2025, the company achieved breakthroughs in market presence and operations, with product sales volume increasing substantially and operating revenue growing by 68.72% compared to the previous year. Furthermore, revenue from AI-driven edge storage products reached approximately 1.751 billion yuan in 2025, including around 960 million yuan from AI glasses storage products. As AI glasses shipments scale up in 2026, deepened collaborations with key clients such as Meta are expected to drive continued rapid growth in the company’s related storage product business.
In the secondary market, Biwin Storage’s stock price has shown an upward trend amid the industry’s favorable cycle. As of March 4, the company’s shares closed limit-up at 175.99 yuan per share. Year-to-date, the stock has gained over 50%.
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