HK Stock Market Move | CHINA AEROSPACE (00031) rose more than 8%. The company said it currently has SiC power module related products and has already achieved small batch shipments.

CHINA AEROSPACE (00031) rose by over 8%, as of the time of the report, it rose by 8.57% to 0.76 Hong Kong dollars, with a turnover of 19.9636 million Hong Kong dollars. On the news front, recently, CHINA AEROSPACE replied to investors during an online roadshow event, stating that the company has been focusing on research and deployment of third-generation semiconductor materials. Currently, the company has relevant products of SiC power modules, mastering the corresponding packaging design and process technology, and has achieved small batch shipments. At the same time, actively cooperating with customers to produce and iterate various types of SiC power module products, such as Miller clamp drive, isolation drive, and various new types of SiC power modules that use zero voltage turn-off. In addition, since the beginning of this year, the company has actively expanded the application of power module in the field of computing equipment, and the power module products used in liquid cooling pumps are expected to achieve business breakthroughs within the year. Public information shows that CHINA AEROSPACE positions itself as an overseas capital operation and industrial integration platform for aerospace central enterprises, focusing on high-end electronics manufacturing + semiconductor carriers + aerospace services + new materials. Among them, the company's technology industry business includes the research, design, and production of injection molding products, LCDs, PCBs, intelligent chargers, and smart power modules.