Group 1 - Tianyue Advanced officially listed on the Hong Kong Stock Exchange on August 20, completing its "A+H" dual-platform capital structure [1] - The company is the only listed carbon silicon semiconductor materials company in China, having previously listed on the A-share Sci-Tech Innovation Board in January 2022 [1][3] - The listing attracted significant interest, with over 2800 times subscription in the Hong Kong public offering and over 9 times in the international offering, raising approximately HKD 19.38 billion [3][4] Group 2 - Tianyue Advanced's market capitalization exceeded HKD 22 billion on its first trading day, marking a strong start for its global expansion [4] - The company has achieved significant technological advancements, transitioning from 4-inch to 12-inch substrates, and is recognized as a leading global silicon carbide substrate provider [4][5] - Tianyue Advanced has received numerous awards, including the "Semiconductor Electronic Materials" gold award from Japan's authoritative semiconductor media, marking a first for a Chinese company in 31 years [4] Group 3 - The company has established partnerships with major semiconductor manufacturers, including Infineon, Bosch, and ON Semiconductor, and is involved in the supply chains of leading tech companies like NVIDIA and Meta [5] - Tianyue Advanced is actively preparing for growth in emerging fields, such as AI glasses, leveraging its proprietary 300mm SiC seed crystal technology [5] - The company signed a strategic cooperation agreement with Sunny Optical Technology Group to explore opportunities in the optical field of AI glasses and electric vehicle displays [5] Group 4 - The chairman of Tianyue Advanced stated that the successful listing is a milestone and will serve as a catalyst for continued innovation and expansion into more application areas for silicon carbide substrate materials [6] - The company aims to enhance its R&D capabilities, improve production efficiency, and strengthen its global cooperation ecosystem [6] - The dual-platform structure is expected to provide new capital momentum and development vision, supporting Tianyue Advanced's goal of leading in the high-end semiconductor materials sector [6]