Core Insights - Jing Sheng Electromechanical (300316) experienced a significant stock surge, rising over 15% and reaching a nearly two-year high on September 26, following the announcement of its first 12-inch silicon carbide (SiC) substrate processing pilot line becoming operational at Zhejiang Jing Rui SuperSiC [1][2] Group 1: Company Developments - The newly operational pilot line at Zhejiang Jing Rui SuperSiC marks the achievement of full domestic research and development capabilities across the entire process from crystal growth to processing and testing, indicating a shift from parallel development to leading in global SiC substrate technology [1][2] - The 12-inch SiC products can produce approximately 2.5 times the output of 8-inch products, significantly reducing unit costs in crystal growth, processing, and polishing during large-scale production, which is crucial for lowering downstream application costs [1] Group 2: Industry Context - SiC is recognized as a core representative of third-generation semiconductor materials, widely used in key industries such as new energy vehicles, smart grids, and 5G communications due to its high voltage, high frequency, and high efficiency characteristics [1] - The complete pilot line encompasses all processes including crystal processing, cutting, thinning, chamfering, grinding, polishing, cleaning, and testing, all utilizing domestic equipment and proprietary technology, thus establishing a complete closed loop from equipment to materials for 12-inch SiC substrates [2]
晶盛机电大幅拉升 12英寸碳化硅衬底加工中试线正式通线