Hello Mr. Secretary Dong, I would like to ask, in addition to the Shanghai Lingang project, does the company have any other capital expenditures today?

Tianyue Advanced: Dear investors, hello! The main focus of the company's current work is to accelerate the increase of production capacity, especially the construction of conductive substrate capacity. Among them, the company's Shanghai Lingang "Silicon Carbide Semiconductor Materials Project" is mainly used to increase the capacity of conductive silicon carbide substrates to meet the extensive demand for downstream electric vehicles, smart grids, energy storage and other silicon carbide power electronic device application fields. After reaching full production, the new silicon carbide substrate material capacity will be about 300,000 pieces/year. For specific information on capital expenditures, please pay attention to the company's relevant announcements. Thank you!