Movement Alert|InnoScience Rises 5.33% in Regular Trading, Semiconductor Sector Rebounds Broadly with Domestic Substitution Logic Strengthening

Market Focus07-21

On July 21, InnoScience rose 5.33% in regular trading, trading at 46.18 HKD/share, with turnover of approximately HKD 195 million.

The semiconductor sector staged a strong rebound, with HUA HONG GRACE surging 16.73%, GIGADEVICE up 12.93%, MONTAGE TECH up 11.36%, and SMIC gaining 8.24%, creating visible sector-wide momentum that lifted individual stocks including InnoScience.

On the news front, the company recently showcased a 12kW 800V HVDC reference design at a major electronics conference, achieving a power density of 17.9kW/L, further validating its GaN technology competitiveness in AI data center power supply applications. Additionally, the final ruling on Infineon GaN product sales ban in China has taken effect, with the German chipmaker forced to remove banned products from exhibition floors. This development continues to reinforce the domestic substitution narrative, with InnoScience positioned as China leading GaN IDM manufacturer and the sole Chinese supplier in NVIDIA 800V HVDC power alliance.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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