HK Stock Market Move | SICC Co.,Ltd.(02631) rises over 8%. Downstream applications of optical-grade SiC are still in the early stage of demand release. The company's large-size products have already secured orders from leading customers.

SICC Co.,Ltd.(02631) rose over 8%, up 8.09% as of press time, at HK$64.1, with a turnover of HK$161 million. On the news front, SICC Co.,Ltd. recently stated on an investor interaction platform that the company continues to engage in technical cooperation and product delivery with leading global optical customers in the micro-nano optics field, actively promoting product iteration and downstream customer introduction. Currently, downstream applications of optical-grade silicon carbide are still in the early stage of demand release, and large-scale volume production still requires time, with the timing of scaled revenue realization difficult to predict for now. The company has always focused on silicon carbide as its core product and, based on this, actively carries out R&D and exploration of other new semiconductor materials. On the performance side, SICC Co.,Ltd. previously released its 2026 interim results, with operating revenue of 914 million yuan, up 15.10% year-on-year, and a comprehensive gross margin of 22.86%. It is worth noting that SICC Co.,Ltd. disclosed in its interim report that its 12-inch products have already secured orders from leading customers, meaning the company is already at the forefront of the industry in the direction of next-generation large-size substrates. The significance of 12-inch is not just a technological showcase; more importantly, mass production of 12-inch will enable many emerging fields to successfully materialize, with SiC as an advanced platform-type material further reducing unit costs across many fields and opening up greater space for large-scale commercialization.