SICC CO.(SH:688234) Xin Lang Cai Jing·2025-08-11 00:12Group 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]