What impact does BYD's request for suppliers to reduce prices by 10% have on the company? What impact has BYD's bad behavior had on the company's development?

Tianyue Advanced: Dear investors, hello! The company focuses on the research and development, production and sales of silicon carbide substrates, the third-generation semiconductor material. It is one of the domestic silicon carbide substrate manufacturers with the most comprehensive technology and the highest degree of internationalization. Since its establishment, it has insisted on key links in the industrial chain, deeply cultivated technological breakthroughs, and continued to establish a leading competitive advantage. With the widespread application of silicon carbide semiconductor materials in electric vehicles, photovoltaics, energy storage, 5G and other fields, the downstream application market continues to expand, and the terminal has a strong demand for high-quality, automotive-grade products, and the development prospects are very broad. Relying on more than ten years of technological accumulation and industrialization advantages, the company has the advantage of leading the development of the industry in terms of product quality and shipment volume of silicon carbide substrates, and is competitive in the international market. In addition, the company's cooperation with all customers abides by the contractual agreements between the two parties and relevant legal provisions. Information within the scope of confidentiality shall not be disclosed without permission. The company will strictly fulfill its information disclosure obligations in accordance with relevant laws and regulations. For other information, please refer to the reports disclosed by the company. Thank you for your attention!