Overview of Tianyue Advanced's revenue in the past three years

In the past three years, Tianyue Advanced has achieved remarkable results in the SiC business, but it has also faced some challenges. In 2021, the company's operating income reached 387 million yuan, gross profit was 127 million yuan, and gross profit margin was 33%. In 2022, the company's operating income dropped slightly to 326 million yuan, the gross profit was -2 million yuan, and the gross profit margin dropped to -1%. However, in 2023, the company's operating income increased significantly to 1.085 billion yuan, with a gross profit of 190 million yuan and a gross profit margin of 18%. These data show that Tianyue Advanced's competitiveness in technology and market is constantly increasing, and it is expected to continue to maintain growth in the future.