HK Stock Market Move | SICC Co.,Ltd.(02631) rose nearly 6% in early trading; utilization of its 8-inch production line capacity continues to climb, and capacity may become even tighter in the second half of the year.

SICC Co.,Ltd.(02631) rose nearly 6% in early trading. As of press time, it was up 4.17% at HK$71.25, with a turnover of HK$79.7109 million. On the news front, SICC Co.,Ltd. financial officer You Ying recently said at a results conference that the capacity utilization rate of its 8-inch production line is continuing to climb, and with the release of downstream orders, the capacity utilization rate is steadily increasing. SICC Co.,Ltd. chairman and general manager Zong Yanmin said that at this stage the company's capacity supply has become relatively tight, and with the continued expansion of emerging downstream application areas such as new energy vehicles, green energy solar-storage-charging, and AI data centers, capacity is expected to become even tighter in the second half of the year. It is worth mentioning that in recent years SICC Co.,Ltd. has actively researched and laid out a variety of new materials, including diamond, which can significantly improve device heat dissipation. Zong Yanmin said that SICC Co.,Ltd.'s "diamond single-crystal preparation and substrate surface fine processing" project has entered the sample stage.