SICC CO.(688234) 证券时报网·2025-01-27 13:55Group 1 - Tianyue Advanced plans to issue H-shares and list on the Hong Kong Stock Exchange to enhance international strategy and overseas business layout [1] - The company aims to raise funds for expanding production capacity of 8-inch or larger substrates, improving production efficiency, and enhancing R&D [1] - The board has proposed a resolution for the H-share listing to be valid for 18 months after approval by the shareholders' meeting [1] Group 2 - Recent executive changes include the resignation of two directors and the nomination of new independent and non-independent directors with relevant backgrounds [2] - Shareholders have reduced their holdings, with a total of 7.87 million shares sold, amounting to approximately 434 million yuan [2] Group 3 - The company expects a significant increase in revenue for the previous year, projecting between 1.75 billion to 1.85 billion yuan, a year-on-year increase of 39.92% to 47.92% [3] - Tianyue Advanced has achieved batch supply of 4-8 inch substrate products and anticipates improved capacity utilization and sales growth in 2024 [3] - The company is benefiting from the global trend towards energy electrification and decarbonization, leading to increased demand for silicon carbide substrates [3]