Tianyue Advanced rose over 5% in the afternoon, achieving a total revenue of approximately 1.465 billion yuan in 2025.

Tian Yue Advanced (02631) was up more than 6% during the trading session. As of the time of writing, the stock price was up 5.17%, trading at HK$51.30. Trading volume was HK$95.0423 million.

Recently, Tian Yue Advanced announced its 2025 performance, achieving total revenue of approximately 1.465 billion yuan and R&D spending of approximately 166 million yuan, up 16.9% year over year. Gross profit was approximately 142 million yuan. Judging by actual output, the company’s scale advantages continued to be realized. In 2025, the company’s carbon-based products achieved an equivalent output of 690,400 wafers, up 68.31%.

In 2025, the company completed its product lineup for the full range of large-size offerings of 12-inch conductive N-type and conductive P-type, as well as 12-inch semi-insulating silicon carbide (SiC) substrates. As of now, the company’s 12-inch silicon carbide substrate products have obtained orders from leading customers and delivered them. This marks an important step for the company into the era of large-size silicon carbide substrates.

(Editor: Dong Pingping)

     【Disclaimer】This article only represents the author’s personal views and is not related to Hexun. Hexun makes no express or implied guarantees regarding the accuracy, reliability, or completeness of any statements, viewpoints, or judgments contained in the article. Readers should use this information for reference only and bear all responsibility themselves. Email: news_center@staff.hexun.com

Report