SICC (02631) surged over 5% again, with cumulative gains for the month approaching 45%. As of the time of writing, it was up 5.71% to HK$80.55, with a turnover of HK$119 million.

On the news front, the 2025 Shandong Province Science and Technology Award Conference was held in Jinan on August 6. The project "Key Technology Research and Development and Industrialization of Large-Size High-Quality Silicon Carbide Semiconductor Substrate Materials," led by SICC, won the Special Prize of the Shandong Province Science and Technology Progress Award.

The successful industrialization of SICC's 12-inch full-series substrates not only achieves technological surpassing but also opens up entirely new incremental tracks and long-term growth space for the industry.

Dongguan Securities Hong Kong released a research report stating that in Q1 2026, as 8-inch products rapidly ramp up volume, SICC's gross margin will recover to nearly 20%, with the proportion of 8-inch revenue having risen to about 45%, significantly improving profitability compared to 2025.

Entering Q2 2026, the company has already proposed price increases for new orders and rush orders outside of the new capacity for some customers. With the continuous optimization of the supply-demand landscape, improvement in product mix, and release of 8-inch capacity, the company's profit recovery is expected to be further realized.