On July 3, East China Semiconductor released a record of its investor relations activities, stating that in Q2, the company benefited from the gradual exit of overseas manufacturers such as Samsung, Micron, Kioxia, and SK Hynix from the niche storage market, leading to a significant contraction in supply. Meanwhile, demand in downstream sectors such as network communication, security monitoring, consumer electronics, industrial control, and automotive electronics continues to recover. The imbalance in market supply and demand is expected to persist in the short term, resulting in an upward trend in the prices of niche storage products. Looking ahead to the full year, as the effects of capacity adjustments by overseas manufacturers are further released, it is anticipated that the prices in the niche storage chip market will continue to rise in the second half of the year.