【IPO Frontline】Tiankeheda's IPO Application for the STAR Market Accepted, Aiming to Raise 2.78 Billion Yuan for Silicon Carbide Material Projects
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Author:小编   

On June 30, the Shanghai Stock Exchange accepted the IPO application for the STAR Market from Beijing Tiankeheda Semiconductor Co., Ltd. Tiankeheda specializes in the research and development, production, and sales of third-generation semiconductor silicon carbide substrate materials, and is the earliest domestic enterprise to achieve the industrialization of silicon carbide substrates. After two decades of development, the company has broken the long-term monopoly of overseas manufacturers and grown into one of the global leading enterprises, with its core products consistently ranking among the top three in global market share. For this IPO, Tiankeheda plans to raise 2.78 billion yuan for expansion and research and development to further enhance its technological strength and market position.