On August 11, SICC rose 5.05% in regular trading, trading at HKD 80.15/share, with turnover of HKD 118 million, extending its recent consecutive upward momentum.
On the news front, the company's board of directors will convene on August 19 to review unaudited consolidated interim results for the six months ended June 30 and to discuss whether to recommend an interim dividend, with earnings disclosure expectations continuing to fuel market sentiment. Meanwhile, Soochow Securities International Brokerage initiated coverage with a Buy rating, identifying 8-inch SiC substrates as the core variable driving the company's earnings recovery. The report noted that Infineon's orders doubled year-over-year, making it the company's most order-saturated overseas client, while domestically SICC holds 80%-90% share of SiNo Power's 8-inch substrate supply. Additionally, the company has implemented structural price increases on certain new orders, reflecting strengthened pricing power as an industry leader.
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