格隆汇8月11日丨天岳先进(688234.SH)公布，2025年8月11日，公司在香港联交所网站刊登并派发本次 发行上市H股招股说明书。公司本次H股发行的价格最高不超过42.80港元。公司H股香港公开发售于 2025年8月11日开始，预计于2025年8月14日结束，并预计于2025年8月15日前（含当日）公布发行价 格，相关情况将刊登于香港联交所网站和公司网站。公司本次发行的H股预计于2025年8月19日在香港 联交所挂牌并开始上市交易。 ...

证券代码：688234 证券简称：天岳先进 公告编号：2025-052 山东天岳先进科技股份有限公司 关于刊发 H 股招股说明书、H 股发行价格区间 及 H 股香港公开发售等事宜的公告 2025 年 2 月 24 日，公司向香港联交所递交了本次发行上市的申请，并于同 日在香港联交所网站刊登了申请资料。具体内容详见公司于 2025 年 2 月 25 日在 上海证券交易所网站披露的《关于向香港联交所递交境外上市外资股（H 股）发 行并上市的申请并刊发申请资料的公告》（公告编号：2025-015）。 2025 年 6 月 19 日，香港联交所上市委员会举行上市聆讯，审议了公司本次 发行上市的申请。具体内容详见公司于 2025 年 6 月 21 日在上海证券交易所网站 披露的《关于香港联交所审议公司发行境外上市外资股（H 股）的公告》（公告 编号：2025-046）。 2025 年 7 月 30 日，公司在香港联交所网站刊登了本次发行聆讯后资料集。 具体内容详见公司于 2025 年 8 月 1 日在上海证券交易所网站披露的《关于刊发 境外上市外资股（H 股）发行聆讯后资料集的公告》（公告编号：2025-049）。 2 ...

Core Viewpoint - Tianyue Advanced (02631.HK) is launching a global offering of 47.7457 million H-shares, with a maximum price of HKD 42.80 per share, aiming to raise approximately HKD 1.9381 billion for capacity expansion and R&D [2][7] Group 1: Company Overview - Tianyue Advanced specializes in wide-bandgap semiconductor materials, focusing on the research and industrialization of silicon carbide (SiC) substrates [3] - The company ranks among the top three global manufacturers of SiC substrates, holding a market share of 16.7% as of 2024 [3] - Tianyue Advanced's SiC materials support key industries such as renewable energy and AI, with applications in electric vehicles, AI data centers, and photovoltaic systems [3][4] Group 2: Market Position and Technology - The company has established partnerships with over half of the top ten power semiconductor manufacturers globally [4] - Tianyue Advanced is one of the few companies capable of mass-producing 8-inch SiC substrates and has pioneered the commercialization of 12-inch SiC substrates [6] - The global SiC substrate market is highly competitive, with the top five players holding a combined market share of 68.0% [6] Group 3: Financial Performance - For the fiscal years ending March 31, 2022, 2023, 2024, and the three months ending March 31, 2025, the company reported revenues of approximately CNY 417 million, CNY 1.251 billion, CNY 1.768 billion, and CNY 408 million, respectively [7] - The company expects to allocate approximately 70% of the net proceeds from the global offering to expand its 8-inch and larger SiC substrate production capacity [7]

Group 1 - Tianyue Advanced Technology Co., Ltd. (天岳先进) plans to list its H-shares on the Hong Kong Stock Exchange starting August 19, 2025, with a maximum offering price of HKD 42.80 per share [1] - The company intends to issue a total of 47,745,700 H-shares, with 2,387,300 shares available for public offering in Hong Kong and 45,358,400 shares for international offering [1] - Assuming the offering price of HKD 42.80 per share, the estimated net proceeds from the global offering will be approximately HKD 1,938.1 million, after deducting underwriting commissions and other estimated expenses [1] Group 2 - Tianyue Advanced was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on January 12, 2022, with an initial offering price of CNY 82.79 per share and a total of 42,971,100 shares issued [2] - The company is currently in a state of share price decline (破发状态) [2] - The total funds raised from the initial public offering amounted to CNY 35.58 billion, with a net amount of CNY 32.03 billion after deducting issuance costs, exceeding the original plan by CNY 1.203 billion [2] Group 3 - The total issuance costs for the initial public offering were CNY 354 million, with underwriting and sponsorship fees amounting to CNY 319 million [3]

智通财经获悉，碳化硅(SiC)领域龙头企业天岳先进(02631)于2025年8月11日-8月14日招股，拟全球发售 4774.57万股H股，其中香港发售占5%，国际发售占95%;发售价将不高于42.80港元;每手100股H股，预 期H股将于2025年8月19日(星期二)上午九时正开始在联交所买卖。 天岳先进成立于2010年，是一家专注于半导体材料碳化硅衬底的高科技领军企业，于2022年1月登陆A 股科创板，成为目前国内该领域唯一一家上市公司。成立至今，公司发展迅猛，以"硬核科技"完成了从 国内领先到全球标杆的跨越，业务亮点可圈可点。 凭借强大的技术实力，天岳先进也被评为国家级制造业"单项冠军示范企业"、国家专精特新"小巨人"重 点企业、国家知识产权示范企业、中国工业碳达峰"领跑者"企业、第二十五届中国专利银奖等荣誉。 据悉，天岳先进本次上市募集资金将用于海外建厂，以应对国际市场对公司产品的需求。 根据法国Yole报告、日本富士经济报告最新统计，天岳先进的碳化硅衬底全球市占率排名前三，其中导 电型碳化硅衬底全球前二;半绝缘碳化硅衬底全球前三;碳化硅领域专利数量，全球第五，国内第一。 天岳先进是第一家荣获半导体国 ...

【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱： news_center@staff.hexun.com (责任编辑：宋政 HN002) 格隆汇8月11日｜获华为持股、在上海挂牌的芯片厂天岳先进(2631.HK)今日起至8月14日招股，发售 4774.57万股H股，香港公开发售占5%，其余为国际配售，每股招股价不高于42.8港元，集资最多20.44 亿港元。一手100股，入场费4323.17港元。该股预期8月19日挂牌。中信证券(600030)及中金公司为联席 保荐人。 公司拟将所得款项净额中，约70%用于扩张8英寸及更大尺寸碳化硅衬底的产能；约20%用于加强研发 能力，保持集团在创新方面的领先地位；约10%用于营运资金及其他一般企业用途。 ...

Core Viewpoint - Tianyue Advanced, a leading company in the silicon carbide (SiC) sector, is set to launch an IPO from August 11 to August 14, 2025, aiming to raise approximately HKD 1.938 billion through the sale of H-shares [1] Group 1: Company Overview - Tianyue Advanced was established in 2010 and specializes in semiconductor materials, specifically silicon carbide substrates, becoming the only listed company in this field in China as of January 2022 [2] - The company has rapidly developed from a domestic leader to a global benchmark, achieving significant milestones in the industry [2] - According to recent reports, Tianyue Advanced ranks among the top three globally in silicon carbide substrate market share, with notable positions in both conductive and semi-insulating substrates [2] Group 2: Achievements and Recognition - The company has received numerous awards, including being the first Chinese enterprise to win an international semiconductor gold award and recognition from Japan's authoritative semiconductor media [2][3] - Tianyue Advanced has been involved in several national and provincial major scientific research projects, earning various national and industry honors [2] Group 3: Future Plans and Market Potential - The funds raised from the IPO will be used to establish overseas manufacturing facilities to meet international demand for its products [4] - The expansion is driven by the broad application prospects of silicon carbide in power electronics, new energy vehicles, and photovoltaic energy storage, as well as emerging technologies like AI [4] - The company is positioning itself to benefit significantly from the AI sector, particularly through its developments in silicon carbide crystals and substrates for AI glasses, which are anticipated to be the next "smart entry point" [4]

天岳先进预计于2025年8月19日在主板上市，中国国际金融香港证券有限公司、中信证券（香港）有限 公司为联席保荐人。 公司主营业务为碳化硅晶体衬底材料的生产；功能材料及其元器件、电子半导体材料的研发、销售及技 术咨询、技术服务、技术转让；半导体器件专用零件、光电子器件、电力电子器件及电子器件用材料、 人造刚玉、人造宝石的制造及销售；晶体生长及加工设备的开发、生产及销售；货物进出口(法律、行 政法规禁止的项目除外；法律、行政法规限制的项目取得许可后方可经营)。(依法须经批准的项目，经 相关部门批准后方可开展经营活动)。 公司2023年度、2024年度、2025年一季度截至3月31日止，净利润分别为-4572.00万元、1.79亿元、 851.80万元，同比变动幅度为73.98%、491.57%、-81.52%。（数据宝） 天岳先进(02631.HK)发布公告，公司拟全球发售4774.57万股股份，其中香港发售股份238.73万股，国际 发售股份4535.84万股，另有716.18万股超额配股权。招股日期为8月11日至8月14日，最高发售价42.80 港元，每手买卖单位100股，入场费约4323.17港元。 全球 ...

Core Viewpoint - Tianyue Advanced plans to conduct an IPO from August 11 to 14, 2025, aiming to issue 47.7457 million H-shares at a maximum price of HKD 42.80 per share, with listing expected on August 19 [1] Company Overview - The company possesses strong technical capabilities in the wide bandgap semiconductor materials industry, focusing on the research and industrialization of silicon carbide substrates [1] - According to Frost & Sullivan, Tianyue Advanced ranks among the top three global manufacturers of silicon carbide substrates, holding a market share of 16.7% in 2024 [1] Investment Details - The company has signed agreements with cornerstone investors, including Guoneng Environmental Protection and Future Asset Securities, with a total subscription amount of HKD 740 million [1] - The net proceeds from the global offering are expected to be approximately HKD 1.938 billion, which will primarily be used for expanding the production capacity of 8-inch and larger silicon carbide substrates (70%), enhancing research and development capabilities (20%), and for working capital and general corporate purposes (10%) [1]

Group 1 - Tianyue Advanced (02631) plans to conduct an IPO from August 11 to August 14, 2025, offering a total of 47.7457 million H-shares, with 5% allocated for Hong Kong and 95% for international sales [1] - The proposed maximum offer price for the H-shares is set at HKD 42.80, with a minimum purchase of 100 shares per lot [1] - The company specializes in the semiconductor materials industry, particularly in the research and industrialization of silicon carbide substrates, and is recognized as a global leader in sales revenue for silicon carbide substrates in 2024 according to Frost & Sullivan [1] Group 2 - The company's revenue has shown significant growth, increasing from RMB 417 million in 2022 to RMB 1.251 billion in 2023, representing a 199.9% increase, and is projected to rise by 41.4% to RMB 1.768 billion in 2024 [1]