Core Points - Shandong Tianyue Advanced Technology Co., Ltd. won the "Gold Award" in the "Semiconductor Electronic Materials" category at the 31st Semiconductor of the Year Awards in Tokyo, marking the first time a Chinese company has received this award [1][3] - The company outperformed leading competitors such as Mitsui Chemicals and Mitsubishi Materials, indicating its successful entry into the global semiconductor industry elite [3] Company Achievements - Tianyue Advanced has received a total of 194 invention patents and 308 utility model patents, with 14 of these being granted overseas as of December 31, 2024 [3] - The company reported a revenue of 1.768 billion yuan in 2024, representing a year-on-year growth of 41.37% [3] - Net profit attributable to the parent company reached 180.464 million yuan, an increase of 226.1845 million yuan, marking a turnaround from losses [3] - The company specializes in the production of third-generation wide bandgap semiconductor substrate materials, including semi-insulating and conductive SiC substrates, and is one of the few companies capable of mass production of 8-inch SiC substrates [3]