On September 7, SICC rose 5.35% in regular trading, trading at HKD 66.55 per share, with turnover of HKD 43.89 million.

The rally was primarily driven by the company's strong Q2 earnings and a fresh institutional endorsement. SICC reported Q2 revenue of RMB 548 million, a record single-quarter high, surging 42.06% year-over-year and 49.97% quarter-over-quarter. Q2 gross margin improved to 25.36%, and the company posted net profit attributable to shareholders of RMB 1.893 million, marking a return to profitability. First-half revenue totaled RMB 914 million, up 15.10% YoY, with 8-inch product revenue surpassing 50% of total sales.

Meanwhile, Zhonghang Securities initiated coverage with a Buy rating, projecting net profits of RMB 84 million, 198 million, and 352 million for the next three years, citing the company's global leadership in 8-inch SiC substrate ramp-up and expanding AI and new energy applications. JPMorgan also raised its long position to 9.2% in late August. SICC is scheduled to hold a half-year earnings briefing on September 11, sustaining market attention.

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