In today's increasingly competitive global semiconductor industry, silicon carbide (SiC) technology, as the development direction of a new generation of electronic materials, is attracting more and more attention. In recent years, with the rapid rise of electric vehicles, smart grids and renewable energy, SiC-related technologies have gradually become an important part of the industry 688234. SH) is like a rising star, opening the curtain on industry leaders.

On the evening of December 12, Shenzhen held the high-profile "2024 Expert Aurora Award" award ceremony, and Tianyue Advanced won the award of "China SiC Substrate Influential Enterprise" and the honor of "8-inch SiC Pioneer", which is another important milestone in the field of 8-inch SiC substrate. As a pioneer enterprise in the manufacture of silicon carbide substrates in China, with its strong technology accumulation and market insight, these achievements of Tianyue Advanced are not only a direct recognition of its scientific and technological strength, but also a positive guide to the development trend of the silicon carbide industry in the future.

Industry status quo and market driven

In this context, the global silicon carbide market is ushering in explosive growth. Over the next five years, demand for silicon carbide is expected to explode, with the market expected to exceed tens of billions of dollars, especially as industries such as electric vehicles, power conversion, and high-frequency communications continue to drive. With its rich technical reserves and market experience, Tianyue Advanced has successfully entered this fast-growing blue ocean market.

Tianyue's advanced technology and market advantages

As a leader in the field of silicon carbide substrates in China, Tianyue Advanced has achieved a number of technological breakthroughs relying on more than ten years of technology accumulation. In the preparation of 8-inch SiC substrates, Tianyue Advanced adopts independent expansion technology to achieve near-"zero TSD" and low BPD density, which ensures the stability of product performance and production capacity.

In 2023, Tianyue Advanced has demonstrated its scientific research strength on a number of international stages, such as the release of the world's first 8-inch liquid-phase low-defect silicon carbide substrate at the Shanghai SemiconChina conference, and the subsequent launch of 6-inch 4-degree declination P-type silicon carbide substrate and 12-inch N-type silicon carbide substrate, all of which mark Tianyue Advanced leading the world in technological innovation.

Brand influence and market prospects

In terms of brand influence and market share, Tianyue Advanced has gradually formed its unique competitive advantage. The company closely focuses on customer needs, implements whole-process quality control, ensures product performance, realizes mass production, and ensures rapid response to market demand. Due to its advantages in technology, product quality and customer service, Tianyue Advanced has gradually won the recognition of the international market and has become a high-quality supplier of many top international enterprises.

Future outlook and development strategy

Looking forward to the future, Tianyue Advanced will continue to uphold the concept of "advanced quality and sustainability", firmly take the road of independent innovation, and continue to launch high-quality silicon carbide products that meet market demand to help the development of the silicon carbide industry. The market demand for SiC materials is unstoppable, and the future of Tianyue's advanced materials can be expected. Its leading position in the industry is not only reflected in its technological innovation, but also in its ability to quickly adapt to changes in market demand, seize opportunities and achieve sustainable growth.

Under the comprehensive development of technology, market, brand and other aspects, the future road of Tianyue Advanced is full of hope. Following the footsteps of this industry, we will continue to work hard in the field of silicon carbide, and I believe that in the near future, Tianyue Advanced will continue to write a new brilliant chapter.

Conclusion

Tianyue's advanced road to success reflects the overall progress and development of China's silicon carbide industry to a large extent. In the future, with the continuous innovation of technology and the vigorous development of the market, the silicon carbide industry will usher in more opportunities and challenges. With its continuous efforts and firm belief, Tianyue Advanced will solidly promote the development of this field and bring more curiosity and surprises to the global market. As investors and industry observers, it is worth our continuous attention and expectation, and Tianyue Advanced will bring us more surprises.