Oversupply? No barriers? Intense competition. Can you just buy a furnace and burn silicon carbide?

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. 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. The company recently launched a 12-inch (300mm) silicon carbide substrate product for the first time at the Munich Semiconductor Exhibition in Germany. Coupled with the cutting-edge SIC substrate technologies such as P-type substrates and liquid phase preparation that have been launched in the early stage, the company continues to lead the industry trend in the field of SIC substrates. In the future, the company will rely on its leading advantages in production capacity layout, technological accumulation and the industry it is in to continuously improve the company's product quality and production capacity scale, and enhance the company's profitability. The company has always shouldered the mission of promoting the development of the industry, and continues to inject strong momentum into the development of the semiconductor industry and make outstanding contributions. Thank you for your attention!