HK Stock Market Move | In the early trading, SICC Co., Ltd. (02631) rose nearly 6%. The company has received orders for 12-inch SiC from several top customers worldwide.

SICC Co., Ltd. (02631) rose nearly 6% in early trading, with a 4.44% increase as of press time, reaching 60 Hong Kong dollars with a trading volume of 46.6127 million Hong Kong dollars. On the news front, according to the Science and Technology Innovation Board Daily, on October 13, SICC Co., Ltd. held a briefing on its 2025 semi-annual performance. Earlier market reports indicated that NVIDIA plans to switch from silicon to silicon carbide in CoWoS advanced packaging interposer materials by 2027, with the replacement of H100 alone corresponding to nearly 77,000 substrate demand. As a leader in domestic 12-inch technology, SICC Co., Ltd. has attracted attention for its related potential opportunities. The report stated that SICC Co., Ltd. Secretary of the Board Zhong Wenqing introduced that the company has already released a full range of 12-inch silicon carbide product matrices, including 12-inch conductive silicon carbide substrates, 12-inch semi-insulating silicon carbide substrates, and 12-inch P-type silicon carbide substrates. The company is currently actively engaging with downstream customers and has already secured multiple orders for 12-inch SiC products from global leading customers. Chairman Zong Yanmin further added that the second phase expansion of Shanghai Lingang Holdings base will focus on the layout of 12-inch products, with no clear indication of production capacity and cooperation progress. In response to the key question of whether they will be able to meet NVIDIA's 10% high-end GPU market demand by 2027, their response was, "We have made forward-looking technological layout and will seize market opportunities."