Xinyue Energy expects that the market share of domestic SiC manufacturers will increase by 10 to 15 percentage points year-on-year this year

Ding Yuanqiang, sales director of Xin Yue Neng, predicts that the market share of domestic SiC manufacturers is expected to increase by 10 to 15 percentage points year-on-year this year, and the localization rate will reach up to 20% by the end of this year, and is expected to exceed 50% in the next 3 to 5 years. While providing general product manufacturing, Xin Yue Neng will also provide customized services to customers for special needs. Xin Yue Neng also provides intergenerational pre-research cooperation services, and is currently working with multiple customers to develop intergenerational new processes and new products based on market demand forecasts for the next 3-5 years.