瀚天天成更新招股书：前5个月营收净利下滑超30%，华为是第五大股东

Core Viewpoint - Hantian Technology (Xiamen) Co., Ltd. has submitted a new listing application to the Hong Kong Stock Exchange, aiming to capitalize on its leading position in the silicon carbide (SiC) wafer market, with a significant market share projected for 2024 [3]. Company Overview - Hantian Technology is recognized as the world's first mass producer of 8-inch silicon carbide epitaxial wafers and the first in China to achieve commercial supply of 3-inch, 4-inch, 6-inch, and 8-inch SiC epitaxial wafers [3]. - According to a report by Zhaoshang Consulting, Hantian Technology is the largest supplier of silicon carbide epitaxial wafers globally since 2023, with a market share exceeding 30% in 2024 [3]. Financial Performance - For the fiscal years ending December 31, 2022, and 2023, Hantian Technology reported revenues of approximately RMB 440.69 million and RMB 1.14 billion, respectively [4]. - The company’s net profit for the same periods was approximately RMB 143.37 million and RMB 121.89 million [4]. - In the first five months of 2025, the company experienced a revenue decline of 30.18% and a profit decline of 33.09% compared to the previous year [5]. Shareholding Structure - Prior to the IPO, the founder, Dr. Zhao Jianhui, holds a 28.85% stake in Hantian Technology, while Huawei's subsidiary, Hubble Technology, holds a 4.03% stake [6].