It is rumored online that the 3.8 billion order for main drive silicon carbide MOS tubes has failed verification and has been cancelled. Is the rumor true?

Sanan Optoelectronics: The silicon carbide MOS used in automotive main drives produced by the company is in the customer verification stage. In the "Strategic Procurement Intention Agreement" signed with the customer, the demander promises to ensure the annual purchase of silicon carbide chips from Hunan Sanan from 2024 to 2027, and the excess will be determined by negotiation between the two parties. For details, please see the announcement published on November 8, 2022 in the "Shanghai Securities News", "Securities Times", "China Securities News" and the Shanghai Stock Exchange website.