Hello, Secretary Dong, according to the previous cooperation agreement with Infineon, it seems that the volume is not very large. I would like to ask if there will be new contracts signed in the future? As the company's production capacity continues to be released, will the company have new customers entering?

Tianyue Advanced: Dear investors, hello! According to the disclosure of Infineon Technologies, the company supplies Infineon with high-quality and competitive 6-inch silicon carbide substrates for the manufacture of silicon carbide semiconductors. The first phase will focus on 6-inch silicon carbide materials, but the company will also help Infineon transition to 8-inch silicon carbide wafers. The supply volume of this agreement is expected to account for a double-digit share of Infineon's long-term demand. At present, Infineon Technologies is one of the company's main customers. The company has a wide range of customers. With the increase in production capacity, the delivery capacity will increase, which will help the company to ensure the delivery of new customers. Thank you for your attention!