EPIWORLD Makes Market Debut with 38.99% Morning Surge, Leading Global SiC Epitaxy Supply

Deep News03-30

EPIWORLD (02726) commenced trading on its first day of listing. According to the announcement, the company set its issue price at HKD 76.26 per share, offering a total of 21.4921 million shares, with a board lot size of 50 shares. The net proceeds raised amounted to approximately HKD 1.5595 billion. As of the latest update, the stock price surged by 38.99%, reaching HKD 106, with a turnover of HKD 166.9 million.

Public information indicates that EPIWORLD is a leader in the global silicon carbide (SiC) epitaxial wafer industry. According to a report by CIC, since 2023, the group has been the world's largest supplier of SiC epitaxial wafers by annual sales volume, capturing a market share exceeding 30% in 2024. The group's extensive expertise in SiC epitaxial technology enables it to remain at the forefront of the industry, providing customers with high-quality and reliable products. EPIWORLD is the first manufacturer globally to achieve mass external supply of 8-inch SiC epitaxial wafers, as well as the first in China to commercialize and supply 3-inch, 4-inch, 6-inch, and 8-inch SiC epitaxial wafers in volume.

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