EPIWORLD stock rose more than 17% in afternoon trading. By press time, the gain was 14.85%, with shares trading at HK$124.5 and turnover reaching HK$51.71 million.

On May 13, the globally renowned AI supply chain research firm Citrini released a significant report that ignited interest in the silicon carbide sector across global capital markets. Citrini's report explicitly identified silicon carbide as the most undervalued core theme in the AI domain. The report highlights that AI power supply and AI infrastructure are mutually reinforcing, serving as essential supports for the development of the AI industry, with silicon carbide representing the core incremental factor in AI power solutions.

Guotou Securities International noted in a research report that EPIWORLD is a global leader in the silicon carbide epitaxial industry. The company primarily engages in the research, development, mass production, and sales of silicon carbide epitaxial wafers, which are used in the manufacturing of power devices. Its downstream applications cover electric vehicles, charging infrastructure, renewable energy, and energy storage systems.

According to data from Zhuo Shi Consulting, since 2023, EPIWORLD has been the world's largest supplier of silicon carbide epitaxial wafers by annual sales volume, with a market share exceeding 30% in 2024.