On August 6, SICC rose 5.05% in regular trading, trading at HK$67.7/share with turnover of HK$84.05 million, extending its strong momentum from the prior two trading sessions.

On the news front, the company previously announced that its board of directors will convene on August 19 to review and approve the unaudited consolidated interim results for the six months ended June 30, and to consider whether to recommend an interim dividend. Additionally, both domestic and overseas SiC manufacturers have implemented price increases, with the company having already proposed price hikes to certain customers in Q2, further bolstering market sentiment around the industry recovery.

Broker coverage highlights that 8-inch SiC substrates represent the core variable for the company's earnings recovery, with Infineon's orders doubling year-over-year and the company holding 80%-90% supply share for domestic client SILAN's 8-inch substrates. The company entered an operational inflection point in Q1, with 8-inch revenue contribution rising to approximately 45% and gross margin recovering to nearly 20%.

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