The Zhitong Finance App learned that basic semiconductors (09971) rose more than 10% in the afternoon. As of press release, it rose 10.73% to HK$46.04, with a turnover of HK$126.982 million.

According to news, recently, YoubiChuan Technology signed a strategic cooperation agreement with Basic Semiconductors. The two sides will cooperate on the application of silicon carbide power devices in the field of humanoid robots, focusing on energy efficiency optimization and battery life improvement of robot power management and motion control modules. At the production line level, basic semiconductors plan to deploy the humanoid robot of choice in its own silicon carbide production line for intelligent upgrading of wafer manufacturing and module packaging.

Notably, Basic Semiconductor's revenue for the first half of the year was 121 million yuan, up 15.5% year over year. Gross margin improved significantly by 31.6 percentage points, achieving the milestone of positive gross margin. During the period, industrial grade silicon carbide power modules increased 2825.1% year over year; SiC MOSFET revenue increased 582.3% year over year. This meant that revenue from industrial modules and SiC MOSFETs increased by about 876% year over year; their share of total revenue rapidly increased from about 3.6% to 30.5%.

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