SICC CO.(SH:688234) Ge Long Hui A P P·2025-08-19 12:46Group 1 - Tianyue Advanced (2631.HK), a manufacturer of silicon carbide substrates, is set to be listed in Hong Kong on August 20, with its stock showing a significant increase in the dark market, rising by 28.5% to HKD 55 before closing at HKD 47.96, which is a 12.06% increase from the issue price of HKD 42.8 [1] - The company has been focused on the wide bandgap semiconductor materials industry for over 14 years and is recognized as one of the top three silicon carbide substrate manufacturers globally based on sales revenue projected for 2024, according to Frost & Sullivan [1] - Tianyue Advanced has achieved industrialization of semi-insulating silicon carbide substrates and is advancing towards the production of conductive silicon carbide substrates, with its substrate sizes increasing from 2 inches to 8 inches, and plans to launch the industry's first 12-inch silicon carbide substrate in 2024 [1] Group 2 - The stock's trading data shows a peak price of HKD 55, an opening price of HKD 50.4, and a trading volume of 4.5884 million shares, with a total transaction value of HKD 2.18 billion [2] - The company has a total market capitalization of HKD 22.899 billion, with a price-to-earnings ratio of 148.94 and a price-to-book ratio of 3.941 [2] - The stock has experienced a trading range of 23.36% and a turnover rate of 9.61%, with a 52-week high and low both recorded at HKD 55 and HKD 45 respectively [2]