Xinlian Integration: 8-inch SiC production line achieves mass production, accelerating the landing of vehicle specification projects

Xinlian Integrated has released its semi annual report for 2025, which shows:

The operating revenue reached 3.457 billion yuan, a year-on-year increase of 24.93%;

The net profit attributable to the parent company decreased by 63.82% year-on-year;

For the first time in the second quarter, the net profit attributable to the parent company was positive (RMB 12 million).

SiC Layout Highlights

8-inch SiC MOSFET achieves mass production

The first domestic 8-inch silicon carbide MOSFET production line built by the company has achieved mass production, with key performance indicators at the leading level in the industry, marking a breakthrough in the manufacturing capacity of domestic high-end SiC devices.

Significant achievements in customer expansion

Add more than 10 designated 6-inch SiC MOSFET projects;

Five new car company customers have entered the mass production stage;

The vehicle specification power module has been delivered in bulk, and the related revenue has increased by 200% year-on-year.

Capital operation helps upgrade production line

After obtaining approval from the China Securities Regulatory Commission, Xinlian Integration will complete the acquisition of 72.33% equity of Xinlian Yuezhou, achieving 100% control, and plans to gradually upgrade its existing SiC production line to an 8-inch production line to accelerate the release of mass production capacity.

Price Outlook and Strategic Adjustment

The chairman of the company, Zhao Qi, stated that due to the improvement in substrate yield, the price of silicon carbide materials will still slightly decrease, but the price in the device manufacturing process will remain firm and even have room for increase, indicating that the manufacturing side still has high profit potential.

Ansenmei: EliteSiC technology application accelerates, strong growth in the Chinese market

On the same day, global power semiconductor leader Ansen Hair Fabric's Q2 2025 financial report:

Total revenue of 1.4687 billion US dollars;

Both GAAP and non GAAP gross profit margins were 37.6%;

Free cash flow is 106.1 million US dollars.

Highlights of SiC Business

Strong performance in the Chinese market

In the second quarter, China's revenue increased by 23% month on month, mainly due to the rebound in demand for electric vehicles and the increase in shipments of silicon carbide devices.

New Breakthrough in Vehicle mounted Projects

Anson Mei announced that its EliteSiC M3e platform has been adopted by Xiaomi's new electric SUV "Xiaomi YU7" for the 800V drive system, further enhancing the brand's influence in the high-voltage main drive field.

Capacity utilization remains key to profitability

The company admitted that the gross profit margin of SiC business is still lower than the average level of the enterprise, but the core reason is that the capacity utilization rate has not been fully released. Improving yield and output will be the key to improving gross profit margin.

Strategic cooperation with NVIDIA to promote 800V system

In July, Ansenmei announced its partnership with Nvidia to support its transition to an 800V DC power architecture. Both parties will carry out technological integration in the fields of solid-state transformers, 800V distribution systems, and core power supply solutions, accelerating the application of SiC in high computing power platforms.

The silicon carbide industry is shifting from emphasizing both materials and devices to competing for system level solutions. The layout of an 8-inch production line is becoming a key indicator for a new round of capability competition; At the same time, the Chinese domestic market has become a strategic highland for global SiC companies to achieve revenue and verify technology.