Dongni Electronics' annual production of 120,000 pieces of SiC semiconductor materials is expected to reach full production by the end of the year

Dongni Electronics invested 469 million yuan to build a project with an annual output of 120,000 pieces of SiC semiconductor materials, which is scheduled to reach full production in November 2023. After reaching full production, it is expected to achieve annual operating income of 777.6 million yuan and net profit of 95.8963 million yuan, which is expected to improve the company's profitability.