
Understanding the Market | SICC rose nearly 4%, with R&D expenditure in the first half increasing by approximately 34.94% year-on-year. The company's clients have successfully entered the NVIDIA supply chain

SICC's stock price rose nearly 4%, up 3.17% as of the time of publication, reported at HKD 44.88, with a trading volume of HKD 82.9345 million. The company's mid-year results for 2025 show total revenue of approximately RMB 794 million, a year-on-year decrease of 12.98%; R&D expenditure was approximately RMB 75.85 million, a year-on-year increase of 34.94%. R&D spending is primarily focused on emerging fields such as large-size substrate products and AR glasses. The company has established partnerships with several of the world's top ten power semiconductor manufacturers, and its clients have successfully entered the NVIDIA supply chain
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