In the first half of the year, SICC achieved revenue of approximately 794 million yuan, with continued increases in R&D investment, leading industry innovation in silicon carbide technology

SICC announced its mid-term results for 2025, with total revenue of approximately 794 million yuan, a year-on-year decrease of 12.98%. Research and development expenses were approximately 75.85 million yuan, a year-on-year increase of 34.94%. Net profit was approximately 10.88 million yuan, with earnings per share of 0.03 yuan. The decrease in revenue was mainly due to the decline in substrate sales prices, as the company increased its market penetration of silicon carbide substrate materials. The group has established partnerships with several of the world's top ten power semiconductor manufacturers and continues to expand its customer base in emerging fields such as optics, promoting the market transformation of 8-inch silicon carbide substrate products