On May 21, TIANYU SEMI fell 3.04% in regular trading, trading at 108.9 HKD/share, with trading volume of 130 million HKD, extending the recent pullback trend.

On the news front, the company's Q1 report revealed significant earnings deterioration. Revenue came in at 3.66 billion yuan, down 10.41% year-over-year, while net loss attributable to shareholders widened to 60.51 million yuan, representing a 810.36% year-over-year decline. The SiC substrate industry continues to face a volume-up-price-down dynamic, with intensifying competition exerting downward pressure on product pricing.

The stock had previously surged over 80% within the month, triggering an abnormal trading alert after accumulating a 30% gain over three consecutive sessions. Short-term profit-taking pressure remains elevated. Additionally, certain shareholders disclosed plans to reduce holdings by up to 2.20% of total share capital, further weighing on sentiment. Industry experts have also questioned the demand logic for SiC in 2.5D advanced packaging applications, adding to bearish headwinds.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)