Demingli told investors Q2 net profit was affected by higher expenses —
increased R&D, capacity‑build provisions and share‑based compensation — plus
strategic inventory accumulation and greater customer‑acquisition spending as
enterprise storage, embedded storage and memory businesses accelerate. Those
products carry long certification cycles and large upfront testing and
adaptation costs, lifting R&D and SG&A during expansion; the company
characterizes these outlays as long‑term strategic investments that have begun
contributing. Demingli expects Q2 revenue of 8.462–10.462 bln yuan, up 196–266%
YoY and 12–39% QoQ, driven by enterprise storage and memory modules, and says
continued scale release should enhance upstream/downstream bargaining power and
cost control, laying a foundation for future earnings recovery.
