On June 13, reports surfaced indicating that during an institutional research event held on June 11, MeiG Smart Technology disclosed that the company currently possesses a relatively substantial inventory value, mainly attributable to its strategic stockpiling of memory chips. At the onset of the memory chip price surge, the company undertook large-scale strategic stockpiling measures, guided by R&D project requirements, order demands, and market trend projections, to guarantee the timely fulfillment of customer orders. This strategic move is anticipated to exert a positive influence on the profitability of subsequent products. Concurrently, MeiG Smart Technology is systematically and reasonably passing on the increased costs of memory chips to downstream customers, with price adjustments already having been implemented for products such as in-vehicle systems and 5G offerings for overseas operators.
