SICC CO.(SH:688234) Jin Rong Jie·2025-08-18 09:41Core Viewpoint - Tianyue Advanced's stock price has shown significant growth, reflecting strong financial performance and strategic expansion plans in the silicon carbide substrate market [1] Company Performance - As of August 18, 2025, Tianyue Advanced's stock price reached 69.03 yuan, an increase of 4.49 yuan from the previous trading day [1] - The company reported a 41.37% year-on-year increase in operating revenue for 2024 and a remarkable 491.56% increase in net profit attributable to shareholders [1] - In the first quarter of 2025, the company's R&D investment was 44.94 million yuan, marking a 101.67% year-on-year growth [1] Market Activity - The stock opened at 65.90 yuan, with a daily high of 70.80 yuan and a low of 64.13 yuan, with a trading volume of 156,650 hands and a transaction amount of 1.06 billion yuan [1] - On August 18, the net outflow of main funds was 28.36 million yuan, accounting for 0.1% of the circulating market value, while the cumulative net inflow over the past five days was 14.78 million yuan, representing 0.05% of the circulating market value [1] Strategic Initiatives - The company has set the H-share issuance price at 42.80 HKD per share, with the listing on the Hong Kong Stock Exchange expected on August 20 [1] - A total of 47.75 million shares will be globally offered, with anticipated net fundraising of approximately 1.938 billion HKD, aimed at expanding production capacity for 8-inch and larger silicon carbide substrates [1]