Movement Alert|SICC Rises 7.21% in Regular Trading, Interim Results Review Imminent Combined with 8-Inch SiC Substrate Volume Growth

Market Focus
Aug 10

On August 10, SICC rose 7.21% in regular trading, trading at HKD 76.3 per share, with turnover of HKD 34.93 million, extending a recent streak of consecutive gains.

On the news front, the company's board of directors is scheduled to convene on August 19 to review and approve the unaudited consolidated interim results for the six months ended June 30, and to discuss whether to recommend an interim dividend. The upcoming earnings disclosure continues to fuel positive market sentiment.

Fundamentally, a recent research report from Dongwu Securities International highlighted that in Q1, as 8-inch products rapidly scaled, SICC's gross margin recovered to approximately 20%, with 8-inch revenue contribution rising to around 45%, marking a notable improvement from the prior year. Key customers including Infineon, whose orders reportedly doubled year-over-year, and SAIC Motor's Xinlian Integrated, where SICC holds an 80%-90% supply share for 8-inch substrates, demonstrate strong order visibility. The brokerage initiated coverage with a Buy rating, noting that earnings recovery could further materialize as supply-demand dynamics improve and product mix shifts favorably.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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