基本半导体提交上市申请，碳化硅模块营收年复合增长率达434.3%

Core Viewpoint - The article discusses the significant growth and investment opportunities in the silicon carbide (SiC) semiconductor industry, particularly focusing on the upcoming IPO of Basic Semiconductor, which aims to become the first publicly listed company in China specializing in SiC chips [3][4]. Group 1: Company Overview - Basic Semiconductor has submitted its A1 application to the Hong Kong Stock Exchange, marking the beginning of its IPO journey [3]. - The company plans to use the raised funds for capacity expansion, R&D innovation, and market development [3]. Group 2: Financial Performance - Basic Semiconductor has demonstrated continuous revenue growth, with a compound annual growth rate (CAGR) of 59.9% from 2022 to 2024, and an impressive CAGR of 434.3% for its SiC power modules [4]. - The company has established a strong market presence, being ranked seventh globally in the SiC power module market by revenue in 2024 [4]. Group 3: Business Model and R&D - Basic Semiconductor employs a flexible IDM (Integrated Device Manufacturer) and foundry cooperation model, which helps reduce production costs and improve supply capabilities [6]. - The company has a high R&D personnel ratio of 28.9% and has consistently invested over 30% of its revenue in R&D for three consecutive years, holding 163 patents and having submitted 122 patent applications as of December 31, 2024 [6].