Hello, Secretary! How are your company's RF and mini-LED businesses doing? Are they profitable? How long has it been? Did the production line you invested in last time make money? Did you make back the money you raised in the stock market last time? Now you are doing another round of private placement for mini-LED. How many years do you plan to make back the money? Why don't other manufacturers spend so much money on mini-LED? Your private placement alone is 7.9 billion? How much is the global market value of a mini-LED?

Sanan Optoelectronics: Currently, the company's GaAs RF products cover 2G-5G mobile phone PA, WIFI and other application fields, with nearly 100 customers and stable order delivery; the company has achieved initial results in the expansion of the MiniLED market, and has entered into in-depth cooperation with major domestic and foreign customers such as S004, A006, TCL, H002, and Huaxing, and some products have been launched on the market. With the gradual deepening of the structural adjustment of the LED industry, Mini/MicroLED, as the core of the new generation of display technology, has become the future development direction and will become an important trend in the next round of LED technology development; at the same time, the commercialization of downstream applications has driven the growth of the industry, and the Mini/MicroLED industrialization process is also accelerating; the company actively promotes the Mini/MicroLED industrialization project, which is conducive to the company's product structure upgrade and transformation, continues to consolidate the dominant position of compound semiconductors, and accelerates the realization of the company's strategic development goals.