According to CoinMeta, Jiang Bolong stated during a teleconference that the storage market is in a complex environment where it is shifting from a consumer price cycle to a AI technology-driven cycle. Against the backdrop of high storage wafer prices, downstream customer demand has become differentiated. While demand in the data center sector remains strong overall, storage prices have exerted some pressure on the purchasing intentions of certain customers in the consumer electronics sector, high-end customers, brand customers, and overseas customers still maintain strong resilience. Based on information from third parties, the implementation of AI large models in both cloud and edge computing has become a clear industry trend, which is expected to bring sustained demand growth to the storage industry in the medium to long term. At the same time, overseas manufacturers continue to adopt a relatively cautious capital expenditure strategy in the NAND Flash field, focusing more on technological upgrades to drive moderate growth in supply. As a result, the supply-demand relationship in the storage industry remains tight.