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Netac Storage's revenue for the first half of the year was 15.575 billion yuan, a year-on-year increase of 298.10%. Net profit was 7.166 billion yuan, achieving a turnaround from losses. Revenue from AI emerging edge storage products surged by 433.58%.
Biwin Storage today released its 2026 semi-annual report, with the company's performance showing significant growth primarily due to the improved prosperity of the storage industry and the demand growth driven by AI applications. Among these, revenue from AI emerging edge-side storage products was approximately 2.86 billion yuan, a year-on-year increase of 433.58%. The company's comprehensive gross margin reached 54.81%, a substantial increase from 2025. In addition, Biwin Storage is increasing its investment in upstream resources, research and development, and advanced packaging and testing, and has signed long-term supply agreements with original storage manufacturers for a cumulative committed procurement amount of 3.3608 billion US dollars.
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