碳化硅衬底龙头天岳先进今日在港交所上市

Group 1 - Tianyue Advanced Technology Co., Ltd. officially listed on the Hong Kong Stock Exchange on August 20, marking a significant step in its international strategic layout, with an opening increase of 6.54% to HKD 45.6 on the first day of trading [1] - Established in 2010, Tianyue Advanced specializes in the research and production of silicon carbide semiconductor materials, having previously listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on January 12, 2022, and is the only company in the silicon carbide substrate field to be listed in both markets [3] - The company is among the few globally capable of mass-producing 8-inch silicon carbide substrates and is set to launch the world's first 12-inch silicon carbide substrate in November 2024, representing a significant technological breakthrough [3] Group 2 - The Huaiyin District has accelerated its semiconductor industry layout, with Tianyue Advanced as the leading enterprise, gathering over 50 chain-related companies and forming a closed-loop industrial chain from "materials-equipment-design-packaging-application" [5] - Tianyue Advanced has established multiple research platforms, including a national-local joint engineering research center for silicon carbide semiconductor materials, and has received several prestigious awards, including the first-class award for technological progress from Shandong Province [6] - The company has a significant customer base, including major semiconductor firms like Infineon and Bosch, with its semi-insulating products ranking among the top three globally for five consecutive years, and its conductive products expected to achieve a global market share of 22.8% in 2024, a substantial increase from 12% in 2023 [6] Group 3 - The recent listing on the Hong Kong Stock Exchange is a crucial move for the company's internationalization strategy, with part of the raised funds allocated for overseas capacity construction and further research and development of large-size products [6] - The company aims to enhance its international visibility and broaden financing channels through the Hong Kong capital market, providing financial support for future technological research and overseas market expansion [6]