Silicon carbide concept stocks refer to the stocks of listed companies that have relevant business or technological advantages in the research, production, and application of silicon carbide materials across various industry chain segments. Here are some common silicon carbide concept stocks:
- Tianyue Xjin (688234): The third-largest globally and the largest in China, a supplier of silicon carbide substrates, has achieved mass production of 12-inch substrates. Significant revenue growth is expected in 2024, with net profit turning positive. The company has established partnerships with over half of the top ten global power semiconductor companies, including Infineon, with products applied in new energy vehicles and data centers.
- San’an Gdian (600703): One of the few companies in China to achieve vertical integration in silicon carbide, the IDM model covers all aspects from silicon carbide substrates to epitaxy and devices. Its production capacity ranks among the top in the global industry, and it has strong technical capabilities through collaboration with STMicroelectronics, with products used in new energy vehicles and 5G base stations.
- SDG Bda (603290): A leading domestic IGBT company actively expanding into silicon carbide devices. Its automotive-grade silicon carbide modules have been mass-produced and are being adopted by several mainstream automotive manufacturers. The company has an international leading advantage in module packaging technology, primarily applied in the main drive inverters of new energy vehicles and industrial control.
- Wentai Kji (600745): Its subsidiary, Anshi Semiconductor, offers automotive-grade silicon carbide MOSFET products. The company is transitioning to a pure semiconductor IDM model, leveraging its industry chain integration capabilities and market channels to actively promote the development of silicon carbide device business, with products applied in automotive electronics and data centers.
- Luxiao Kji (002617): Focused on the manufacturing of silicon carbide substrates, it has deep ties with clients like BYD. In its Hefei silicon carbide industrial park, 6-inch substrates have entered mass production, while 8-inch substrates are in the pilot testing phase, indicating significant future growth potential.
- Hua Rwei (688396): Offers silicon carbide JBS and MOSFET product lines, achieving internationally leading performance. The production and sales scale is showing high growth, with deep accumulation in the semiconductor field, actively promoting the development of silicon carbide epitaxy business, with products applied in photovoltaic inverters and industrial power supplies.
- Yangjie Kji (300373): Accelerating its expansion in the silicon carbide field through independent research and collaboration, it has laid out silicon carbide epitaxy and devices, capable of providing small batches of silicon carbide devices covering various voltage ranges, primarily applied in photovoltaics, energy storage, and industrial power supplies.
- Jingsheng Jdian (300316): Covers the entire chain of silicon carbide crystal growth, cutting, and epitaxy equipment, with 8-inch substrates already in mass production. The company has strong technical capabilities and equipment supply capacity, occupying an important position in the silicon carbide industry equipment sector, benefiting from the industry’s expansion demand.
- Tianfu Nyu (600509): Holds a stake in Tianke Heda, which has the largest domestic market share for conductive silicon carbide substrates. Tianfu Energy leverages this advantage to indirectly participate in the silicon carbide substrate market and share in the industry’s development dividends.
- Dongni Dzi (603595): Engaged in the silicon carbide epitaxy business, with funds from a private placement used for related project construction, continuously promoting technological research and capacity building, with products gradually gaining market recognition and having certain development potential in the silicon carbide epitaxy market.
All the above content is organized based on publicly available information and does not constitute investment advice. Investors should fully understand the fundamentals and market conditions of the relevant companies when making investment decisions and proceed with caution.