Hello, after the first phase of Shanghai Lingang reaches full production of 300,000 pieces, has the second phase been planned? What is the specific planned production capacity?

Tianyue Advanced: Dear investors, hello! The company is based on the global market and has improved its production capacity and output layout. The production capacity and output of the Jinan factory will be steadily advanced in 2023. Up to now, the company's Shanghai Lingang factory has been able to reach a production capacity plan of 300,000 conductive substrates. The second phase of the factory plan has completed the project filing and is currently being actively promoted. At present, the company has been recognized by international first-line customers for the quality, stability and consistency of high-quality automotive-grade substrate products, and has cooperated with first-line companies in the downstream power electronics and automotive electronics fields such as Infineon and Bosch. According to the Fuji Economic Report of Japan, in 2023, the company's conductive substrate market share has ranked among the top three in the world. The company will continue to promote the second phase of capacity and output according to market development and customer conditions. Thank you for your attention!