HK Stock Market Move | EPIWORLD (02726) rose over 5% intraday; a major international customer has agreed to purchase additional 6-inch and 8-inch silicon carbide epitaxial wafers.

EPIWORLD (02726) rose over 5% intraday, up 2.66% as of press time, at HK$86.95, with a turnover of HK$16.4689 million. On the news front, EPIWORLD issued an announcement that a major international customer of the Group (the Customer) has agreed to purchase additional 6-inch and 8-inch silicon carbide epitaxial wafers, with a maximum total sales amount of approximately US$95.8 million, to be delivered to the Customer on or before December 31, 2026 (the Procurement Matter). The Customer is a listed company and a global leader in the silicon carbide semiconductor industry. After making all reasonable enquiries by the Company, the directors confirmed that the Customer and its ultimate beneficial owners are all independent third parties and are not connected with the Company or its connected persons. The Board believes that the Procurement Matter reflects the Customer's confidence in and willingness to establish a long-term cooperative relationship with the Group, and is in the overall best interests of the Company and its shareholders.