Core Viewpoint - Hantian Technology (Xiamen) Co., Ltd. has submitted a new listing application to the Hong Kong Stock Exchange, with CICC as the sole sponsor, marking its continued efforts to enter the public market as a leading manufacturer of silicon carbide (SiC) epitaxial chips [1][5]. Company Overview - Hantian Technology is recognized as the world's first mass producer of 8-inch silicon carbide epitaxial chips and the first in China to achieve commercial supply of 3-inch, 4-inch, 6-inch, and 8-inch silicon carbide epitaxial chips [1]. - The company is the largest supplier of silicon carbide epitaxial wafers globally, with a market share exceeding 30% in 2024 [5]. Market Position - Hantian Technology has established itself as a leader in the silicon carbide epitaxial industry, having sold over 164,000 silicon carbide epitaxial chips through its sales and foundry model in 2024, and cumulatively over 500,000 chips during the reporting period [10]. - The company serves a broad and loyal customer base, including four of the top five silicon carbide power device manufacturers and seven of the top ten globally [10]. Financial Performance - The company's revenue for the fiscal years ending May 31 are as follows: approximately 441 million RMB in 2022, 1.144 billion RMB in 2023, 974 million RMB in 2024, and 266 million RMB in the first five months of 2025 [11][12]. - The net profit figures for the same periods are approximately 143 million RMB, 122 million RMB, 166 million RMB, and 14 million RMB respectively [11]. Industry Trends - The silicon carbide epitaxial foundry market is expected to see significant growth, with the top five foundries projected to capture 93.4% of the global market share in 2024, indicating a trend where power device giants prefer to collaborate with third-party foundries rather than producing in-house [11].
新股消息 | 瀚天天成再度递表港交所 为全球率先实现8英吋碳化硅外延芯片大批量外供的生产商
智通财经网·2025-10-14 22:46