On July 13th, Jin10 Data reported that "the storage king" GIGADEVICE hit the daily limit down, closing at 550.8 yuan per share, a decline of over 30% compared to June 30th, with a total market value of 386.4 billion yuan. It is worth noting that on the same day, the storage chip sector to which GIGADEVICE belongs also collectively plummeted, with Shannon Semi hitting the daily limit down of 20cm, and several popular stocks such as TJ, TWSC, and KAIFA dropping by 10cm. In response, a staff member from GIGADEVICE stated that this round of stock price adjustment is strongly correlated with the external market, "The current decline in the company's stock price is similar to that of SK Hynix, which has also seen a decline of over 30%. We are all in the storage business, and the trends were similar when prices were rising before." Regarding market concerns about the company's business, the staff member said, "The earnings forecast is the most convincing proof of our performance."