Does your company have any silicon carbide business? What is its market share? Why did the silicon carbide sector soar while your company's stock plummeted? You have invested so much money in silicon carbide, but do you have any products?

Sanan Optoelectronics: Hunan Sanan, a wholly-owned subsidiary of the company, is one of the few vertically integrated manufacturing platforms in the domestic silicon carbide industry chain. The industry chain includes crystal growth-substrate production-epitaxial growth-chip preparation-packaging and testing. The total planned investment of the Hunan Sanan project is 16 billion yuan. After the project reaches full production, the supporting production capacity will be about 360,000 pieces/year. At present, the silicon carbide production capacity is gradually being released. It is expected that from the end of 2023 to the beginning of 2024, the company's 6-inch silicon carbide production capacity will be expanded to 18,000-20,000 pieces/month.