Changes in Hong Kong stocks | Hantian Tiancheng (02726) rose nearly 8% in the afternoon. 12-inch SiC epitaxial chips have achieved a breakthrough in small-batch orders

The Zhitong Finance App learned that Hantian Tiancheng (02726) rose nearly 8% in the afternoon. As of press release, it rose 7.82% to HK$114.4, with a turnover of HK$21.464,800.

According to the news, Hantian Tiancheng's interim results showed that revenue for the first half of the year was 578 million yuan, up 92% year on year; adjusted net profit was RMB 139 million, up 43.4% year on year. The company turned losses into profits mainly due to the company seizing AI data center opportunities. According to the report, 4 of the top 5 SiC power device manufacturers in the world are Hantian Tiancheng customers, and these 4 customers have all entered the Nvidia AIDC supply chain; 12-inch SiC epitaxial wafers have already achieved small-batch order breakthroughs.

According to public information, the number of chips that a single 12-inch epitaxial chip can carry is 4.4 times that of a 6-inch one and 2.3 times that of an 8-inch one, which can reduce the cost of a single chip by more than 40%. Hantian Tiancheng is currently the first and only company in the world to release a new generation of 12-inch SiC epitaxial wafers. The company was the first in the world to complete the intergenerational transition from 8 inches to 12 inches, and the market layout is leading the world.