Tianyue Advanced (688234.SH): With hard core strength, cast the "vanguard" of new quality productivity
DATE:  Jan 03 2025

Recently, Xinhua News Agency's "Shanghai Securities News" authoritatively reported on the remarkable achievements made by many enterprises on the Science and Technology Innovation Board in 2024, which witnessed the rise of China's scientific and technological strength, and also demonstrated the profound heritage and outstanding ability of each enterprise. Among these outstanding enterprises, Shandong Tianyue Advanced Technology Co., Ltd. (hereinafter referred to as "Tianyue Advanced" or "the Company") stands out by virtue of its own hard core strength, becoming the focus of attention in the industry, and writing a magnificent chapter in the field of semiconductors.

Image source: Courtesy of the company

Image source: Courtesy of the company

Image source: Courtesy of the company

At the moment when the tide of scientific and technological innovation is surging, China's science and technology innovation board companies are shouldering the major mission of promoting scientific and technological innovation and industrial upgrading, like bright stars gathering into a vast galaxy, bravely tackling tough problems in various key fields, striving to be the "main force" to overcome key core technologies and the "vanguard" to develop new quality productivity.

Looking back on the past year, all enterprises have taken out the ability to take care of their families and contribute to the development of the industry. Huahai Qingke's chemical mechanical polishing technology won the first prize of the National Technological Invention Award, helping the rapid development of the domestic semiconductor industry chain; The "Jianghai" super-large diameter shield machine built by China Railway Construction Heavy Industry Co., Ltd. rolled off the assembly line, once again refreshing the record of the largest diameter shield machine independently developed by China, and shouldering the responsibility of "heavy equipment of a great country"; Dizhe Pharmaceutical's golixitinib capsules were approved for marketing, breaking the global dilemma of no innovative drugs in the field of peripheral T-cell lymphoma for ten years...... In the field of new semiconductor materials, Tianyue's advanced breakthrough is also of great significance and has far-reaching influence.

In November 2024, Tianyue Advanced released the industry's first 12-inch silicon carbide substrate product, marking that the wide bandgap semiconductor industry has officially entered a new era of ultra-large silicon carbide substrates. The 12-inch silicon carbide substrate is a super-large silicon carbide semiconductor material completely independently developed by Tianyue Advanced, which can further expand the area that can be used for chip manufacturing on a single wafer and greatly increase the output of qualified chips. Under the same production conditions. The 12-inch silicon carbide substrate can significantly increase the output, reduce the unit cost, and further improve the economic benefits, providing the possibility for the large-scale application of silicon carbide materials.

The 12-inch product launch marks our official entry into a new era of ultra-large silicon carbide substrates. This is not only a strong proof of Tianyue's advanced technology research and development strength, but also an important milestone for China's semiconductor industry to achieve lane change and overtaking in the field of key basic materials.

You must know that in the highly competitive and technically demanding track of semiconductors, every breakthrough is not easy to come by. The reason why Tianyue Advanced has been able to achieve such breakthrough results is inseparable from years of persistent research and far-sighted strategic layout. Today, Tianyue Advanced has set a higher benchmark in the industry with this epoch-making 12-inch silicon carbide substrate product, and further consolidated its leading position in the domestic and global semiconductor field.

Facing the future, Tianyue Advanced said that the company will continue to uphold the concept of innovation-driven, forge ahead, continue to deepen the field of third-generation semiconductors, continuously expand the technological boundaries, and contribute more majestic strength to the development of new quality productivity.

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