On January 28, Puyan Semiconductor released a statement addressing abnormal fluctuations in its stock price. The company pointed out that the cumulative rise in its stock's closing price over three consecutive trading days had surpassed 30%. Puyan Semiconductor is mainly engaged in the design and sale of non-volatile memory chips and their derivative products. At present, the storage market is grappling with a supply-demand imbalance, where demand outstrips supply, causing prices to ascend. The company is maintaining a steady pace in its production and operations, with its research and development (R&D) projects advancing as scheduled. The company cautions investors to be vigilant about the longevity of AI investments, given the cyclical nature of the storage industry. It also highlights the risks associated with the current all-time-high storage prices. Additionally, the company draws attention to the relatively modest market size of its flagship product, NOR Flash, and urges investors to exercise rational judgment and remain cognizant of investment risks.