TIANYU SEMI (02658) saw its shares rise more than 11% during the morning trading session. As of the time of writing, the stock was up 10.63%, trading at HK$54.1 with a turnover of HK$13.5692 million. The surge follows the company's recent announcement of a strategic cooperation agreement with South Korea's renowned semiconductor manufacturer, EYEQ Lab. According to the announcement, TIANYU SEMI will supply EYEQ Lab with high-quality silicon carbide (SiC) epitaxial wafers, available in sizes from 6 to 8 inches and voltage ratings from 650V to 20,000V. These wafers are suitable for both unipolar and bipolar power electronic devices. Under the agreement, EYEQ Lab will give purchasing priority to TIANYU SEMI's SiC epitaxial wafers under equivalent conditions. The agreement is valid for three years. The Board of Directors believes the strategic partnership with EYEQ Lab aligns with the overall interests of the company and its shareholders and will contribute to the group's long-term development. Both parties will leverage their respective strengths—the group's industrial capacity and scale advantages in the SiC epitaxial wafer sector, combined with EYEQ Lab's technical expertise in SiC power device design and manufacturing—to establish a long-term, stable supply and demand synergy. This initiative aims to accelerate the large-scale commercial application of the group's products, help both parties expand their market presence, and further solidify the group's competitive position in the global semiconductor industry chain.