Core Viewpoint - Tianyue Advanced, a leading silicon carbide manufacturer backed by Huawei, is set to list on the Hong Kong Stock Exchange, with its stock price showing a significant increase in pre-market trading [1] Company Overview - Tianyue Advanced specializes in the wide bandgap semiconductor materials industry, focusing on the research and industrialization of silicon carbide substrates since its establishment [1] - The company is ranked among the top three global manufacturers of silicon carbide substrates based on sales revenue projected for 2024, according to Frost & Sullivan [1] Product Development - Tianyue Advanced has over 14 years of experience in the silicon carbide materials sector and was one of the first companies in China to industrialize semi-insulating silicon carbide substrates [1] - The company has successfully industrialized conductive silicon carbide substrates and has improved its product size capabilities, with mass production of silicon carbide substrates increasing from 2 inches to 8 inches, and plans to launch the industry's first 12-inch silicon carbide substrate in 2024 [1]
天岳先进(2631.HK)暗盘大涨超12%,明日在港挂牌上市