Recently, several storage companies have launched their IPO processes. Hongxinyu Electronics, Xintianxia, and Xingchen Tianhe have all submitted applications to the Hong Kong Stock Exchange. Meanwhile, Unisplendour Corporation has filed for a listing on the Beijing Stock Exchange; and Dapu Microelectronics, which has already received approval for its registration on the ChiNext board, is also expected to become the first listed enterprise-level SSD company in China. The capitalization process in the storage industry has accelerated significantly.