Hello, Secretary Dong, when will the company's new production capacity in Lingang be released? Has the government given policy support in terms of electricity? In addition, I see that there are many negative questions. I believe you are the best. Please keep up the good work.

Tianyue Advanced-U: Hello, dear investors! Up to now, the Shanghai Tianyue Silicon Carbide Semiconductor Materials Project located in Lingang, Shanghai has been successfully capped, which marks that the company has made phased progress in the construction of 6-inch conductive silicon carbide (SiC) substrate production capacity. According to the construction plan disclosed by the company, the company expects to achieve the first batch of mass production in the third quarter of 2022. After the Lingang project reaches full production, the company will add approximately 300,000 pieces of silicon carbide substrate production capacity per year, adding new momentum to the continued growth of revenue and the company's long-term development. The company's fundraising and investment project is located in the Lingang New Area of ​​Shanghai, and has been included in the major projects of Shanghai in 2021 and 2022, and has received high support from the local government. Thank you for your attention!