Your company's 12-inch production line has been put into production, and the production capacity has increased by 30,000 pieces/month compared with last year. The production capacity of the 6-inch silicon carbide production line will also increase from 5,000 pieces/month to 10,000 pieces/month in the second half of the year, and the engineering batch of the 8-inch silicon carbide production line has also been put into production. The production capacity has increased significantly, and in addition to the current increase in capacity utilization, the increase in chip prices, and the unit wafer

Xinlian Integration-U: Dear investors, in 2024, the company will continue to achieve technological leadership and enrichment through technological iteration and technological innovation, and achieve a larger production scale on these leading and rich technologies, contributing greater revenue. For example, through product iteration, the world's leading new generation of IGBT devices will enter mass production in the second half of the year, greatly increasing the number of chips output on the same wafer, thereby achieving revenue growth; through the increase in the volume of new technologies and new products such as SiC chips and modules, analog ICs, VCSELs, etc., revenue growth will be achieved, as well as active participation in market competition, rapid response, expansion of market share, improvement of capacity utilization, and increase of revenue. The company's silicon carbide (SiC) business is expected to contribute more than 1 billion yuan in revenue in 2024. In the long run, the company's silicon carbide (SiC) business is expected to achieve a 30% market share worldwide.