New share on the first day | Hantian Tiancheng (02726) made its debut on the stock market with a 44.24% opening gain in early trading. The company is the world's largest supplier of silicon carbide epitaxy.

Han Tian Tian Cheng (02726) made its debut on the stock market. The announcement shows that the price per share is 76.26 Hong Kong dollars, with a total issuance of 21.4921 million shares, and 50 shares per lot. The net proceeds amount to approximately 1.5595 billion Hong Kong dollars. As of the time of this report, the stock has risen by 44.24% to 110 Hong Kong dollars, with a trading volume of 142 million Hong Kong dollars. Public information shows that Han Tian Tian Cheng is a leader in the global silicon carbide (SiC) epitaxial industry. According to a report by Zhoushi Consulting, since 2023, in terms of annual sales volume, the group is the world's largest silicon carbide epitaxial supplier, with a market share exceeding 30% in 2024. The group's deep accumulation of silicon carbide epitaxial technology enables it to always be at the forefront of the industry and provide customers with high-quality and reliable products. The group is the first in the world to achieve mass production of 8-inch silicon carbide epitaxial wafers for external supply and the first in China to achieve mass production of 3-inch, 4-inch, 6-inch, and 8-inch silicon carbide epitaxial wafers for commercial supply. The group led the drafting and formulation of the world's first and currently only industry standard for silicon carbide epitaxial international semiconductor equipment and materials industry set by the Semiconductor Equipment and Materials International (SEMI). In 2024, the group accumulated sales of over 164,000 silicon carbide epitaxial wafers through epitaxial wafer sales and foundry sales models; during the performance period, the group delivered over 599,700 silicon carbide epitaxial wafers.