SICC's stock price surged 20.85% during intraday trading on Monday, reflecting strong investor confidence following the company's latest financial performance and market position updates.

The significant price movement comes after SICC disclosed its first-quarter 2026 results, showing revenue of 366 million yuan and a gross margin of 19.12%, representing a sequential increase of 25.01%. According to market analysis, SICC holds a dominant 27.6% market share in the global conductive silicon carbide substrate market, with an even more commanding 51.3% share in the 8-inch segment.

Industry observers note that prices for 6-inch SiC substrates are gradually recovering from their lows, while 8-inch substrates are beginning to scale as a new growth engine for the company. SICC's stable mass production of 8-inch substrates and forward-looking deployment in 12-inch technology position the company to gain competitive advantages in the evolving semiconductor materials market.