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Memory 'supercycle' sees equipment makers vying for a share; SK Hynix receives upstream price hike requests
According to South Korea’s tech media outlet ETNews on Thursday, SK Hynix recently requested several Tier-1 equipment suppliers to submit 'price adjustment review documentation,' i.e., supporting materials justifying price increases. Some equipment manufacturers have taken this opportunity to request price hikes of 3% to 4%. SK Hynix stated it will determine final pricing based on objective procurement criteria such as exchange rates and supply stability.
Xianfeng Jingke (688605.SH): Youli Jia Partnership plans to reduce its stake by no more than 3%.
Xianfeng Jingke (688605.SH) announced that Jingjiang Youlijia Enterprise Management Partnership (Limited Partnership) ("Youlijia Partnership") intends to reduce its holdings of the company's shares by no more than 6,071,400 shares in aggregate, representing no more than 3% of the company's total share capital, through both centralized bidding and block trading.
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