SICC (also known as Tianyue Advanced) saw its stock price soar 8.64% during intraday trading on Wednesday, continuing a multi-day upward trend.

The rally is primarily driven by the company's recently disclosed Q1 financial results, which showed a significant profitability turnaround. Revenue reached 3.66 billion yuan with a gross margin of 19.12%, a sharp rebound from -5.89% in the previous quarter, signaling a clear inflection point. Furthermore, the company maintains a dominant global position in conductive silicon carbide (SiC) substrates, holding a 27.6% market share and ranking first worldwide, with its 8-inch segment commanding a 51.3% share.

Analysts from brokerages including Guotou Securities have maintained a Buy rating on the stock, citing the 8-inch substrate business as a new growth engine poised for rapid expansion. Additional market attention is fueled by an upcoming annual and Q1 results briefing scheduled for May 19 and growing demand for SiC substrates from AI data centers.