On September 16, SICC rose 5.56% in regular trading, trading at HK$62.6/share, with turnover of approximately HK$40.48 million.
On the news front, the company disclosed at its recent semi-annual earnings briefing that the silicon carbide substrate industry is transitioning from a phase of rapid price adjustments to a new stage of price stabilization and demand expansion. Chairman and General Manager Zong Yanmin stated that product prices have broadly stabilized since the beginning of the year, with the market supply-demand landscape continuing to improve. The company also revealed ongoing strategic positioning in advanced packaging thermal interposer solutions, where SiC's high thermal conductivity and high-temperature resistance could benefit from growing heat dissipation demands driven by AI computing density increases.
Additionally, the company confirmed it is advancing technical cooperation and product delivery with global leading clients in the optical-grade SiC segment, though it noted that downstream applications remain in the early stage of demand release and large-scale revenue timing is difficult to predict. A major brokerage recently initiated coverage with a Buy rating, projecting attributable net profits of RMB 84 million, RMB 198 million, and RMB 352 million over the next three fiscal years, citing the company's global-leading 8-inch product ramp-up and improving profitability trajectory.
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