Sanan Optoelectronics' revenue increased by 18.70% in the first half of 2024, and SiC revenue exceeded 500 million yuan

Sanan Optoelectronics achieved operating income of 7.679 billion yuan in the first half of 2024, a year-on-year increase of 18.70%, and net profit attributable to shareholders of listed companies was 184 million yuan, a year-on-year increase of 8.44%. In the automotive field, the first phase of the production line of Suzhou SCO Semiconductor, a joint venture established by Hunan Sanan and Ideal Auto, has been put into operation, and the C sample of the full-bridge power module has been delivered. It is expected that product verification will be completed in the second half of this year, and the module is expected to enter mass production in 2025.