Questions: 1. Your company's prospectus predicts that the "Phase I wafer manufacturing project (including packaging and testing production line)" will achieve break-even for the first time in October 2023. Has the Phase I project met expectations? 2. The prospectus predicts that the company will be profitable in 2026. Judging from the 2023 semi-annual report, the company's focus on the layout of new energy vehicle chips has been successful, and operating income has increased significantly. Has the company's expectation of achieving profitability in 2026 been enhanced, or even advanced?

Xinlian Integrated-U: Hello, dear investors! At the end of the third quarter, the company's 8-inch silicon-based monthly production capacity has reached 170,000 pieces, of which the first phase of the wafer manufacturing project has reached full production capacity of 100,000 pieces, and is currently operating well. The company's earnings before interest, taxes, depreciation and amortization (EBITDA) in the first three quarters was 862 million yuan, a year-on-year increase of 74%. The net cash flow generated by the company's operating activities in the first three quarters was 1.972 billion yuan, a year-on-year increase of 399%. Please pay attention to the company's annual report for the actual operating conditions in the fourth quarter. At present, the global sales of new energy vehicles are constantly increasing, and at the same time, the demand for domestic substitution of automotive chips is strong. The company is full of confidence in the new energy vehicle market. At present, the company's new energy vehicle core power chips and modules, automotive HVIC power management chips, and various MEMS sensors required for automotive advanced driver assistance systems (ADAS) have made continuous breakthroughs in product technologies, and SiCMOS and 12-inch silicon-based pilot lines are also in the process of increasing production. With the continuous release of production capacity, the contribution of SiCMOS production lines, 12-inch production lines, and module packaging production lines to the company's future operating income will continue to increase. At the same time, the company attaches great importance to cost control, has set positive cost targets, and has raised the cost improvement awareness of all employees; it has optimized the technology and process, increased output and reduced unit losses, etc. The results of cost reduction and efficiency improvement will gradually be reflected in the company's financial performance. The company will always adhere to the three major application areas of automotive, industrial control, and consumption, continuously carry out research and development innovation, optimize product structure, and reduce production costs. On the basis of maintaining rapid revenue growth, it will continue to improve the company's gross profit level and strive to achieve profitability as soon as possible. Thank you for your attention to the company!