Tianyue Advanced Cochrane Board IPO, a domestic silicon carbide substrate manufacturer, has completed listing guidance.

On May 26th, Guotai Junan Securities recently released a summary report on the initial public offering of shares of Shandong Tianyue Advanced Technology Co., Ltd. and its listing in Science and Technology Innovation Board.

It has been disclosed that Haitong Securities and Guotai Junan Securities (hereinafter referred to as "guidance institutions"), as the guidance institutions for the initial public offering and listing of Shandong Tianyue Advanced Technology Co., Ltd. (hereinafter referred to as "Tianyue Advanced"), signed tutoring agreements with Tianyue Advanced on November 26, 2020 and December 25, 2020 respectively, and completed the tutoring record on November 30, 2020 and January 7, 2021, respectively. So far, the tutoring work has been completed.

The counseling organization believes that Tianyue's advanced production and operation and corporate governance are operating normally, and the tutoring work has basically achieved the expected goal.

According to the official website, Shandong Tianyue Advanced Technology Co., Ltd., founded in November 2010, is a leading manufacturer of wide band gap (third generation) semiconductor substrate materials in China, mainly engaged in the research, development, production and sales of silicon carbide substrates. Products can be widely used in power electronics, microwave electronics, optoelectronics and other fields. At present, the company's main products cover semi-insulating and conductive silicon carbide substrates, which have been supplied to the downstream core customers of the domestic silicon carbide semiconductor industry, and have been used by some top foreign semiconductor companies.

The company has silicon carbide semiconductor material research and development technology national local joint engineering research center, national postdoctoral research workstation and other national and provincial R & D platforms, and has a group of high-quality R & D personnel. has undertaken a number of national, provincial and ministerial-level major scientific research projects. The company has hundreds of patents and other independent intellectual property rights, and has won a series of honors such as the first prize for scientific and technological progress and the first prize for technological invention at the provincial and municipal level.

In the future, the company will always take the customer as the center, continue to increase R & D investment, speed up product iteration, increase production capacity, continue to expand market share, and strive to become a leader in the international wide bandgap (third generation) semiconductor industry.