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EPIWORLD (02726) shares rose more than 7% intraday. As of press time, the stock was up 1.83%, trading at HK$86.25, with a turnover of HK$16.997 million.
EPIWORLD announced that a major international client (the Client) has agreed to purchase additional 6-inch and 8-inch silicon carbide epitaxial wafers, with a maximum total sales amount of approximately US$95.8 million, to be delivered to the Client on or before December 31, 2026 (the Procurement Matter).
The Client is a listed company and a global leader in the silicon carbide semiconductor industry. After making all reasonable inquiries, the directors confirmed that the Client and its ultimate beneficial owners are all independent third parties and are not connected with the Company or its connected persons.
The Board believes that the Procurement Matter reflects the Client's confidence in and willingness to establish a long-term cooperative relationship with the Group, and is in the overall best interests of the Company and its shareholders.