Hosun Silicon's revenue declined in the third quarter, and 8-inch silicon carbide substrates achieved small-batch production

Hosun Silicon achieved revenue of RMB 7.099 billion in the third quarter of 2024, down 10.68% year-on-year; net profit attributable to the parent company was RMB 476 million, up 18.42% year-on-year. The company has made progress in the research and development of 8-inch silicon carbide substrates and has started small-scale production.