As the company's stock price has been falling all the way and has seriously fallen below the issue price, shareholders have suffered heavy losses and have complained a lot. Especially after the Chinese New Year, the company's stock price has fallen significantly, leading the Science and Technology Innovation Board Index. What does the company think? Is there a thunderstorm in the first quarter report?

Tianyue Advanced: Dear investors, hello! The third-generation semiconductors in which the company is located belong to cutting-edge emerging fields. In the long run, silicon carbide semiconductors are maintaining a high level of prosperity with the vigorous development of downstream application fields such as electric vehicles, photovoltaic new energy, and energy storage. The company is increasing its business scale and continuously improving its technical level, and has achieved positive results. The company's revenue in 2023 is expected to be 1.251 billion yuan; currently, more than 50% of the top ten power semiconductor companies in the world have become customers of the company. The company has signed long-term supply agreements with some international first-tier manufacturers. At present, the company's operations continue to improve, and the company strictly fulfills its information disclosure obligations in accordance with relevant regulations on information disclosure. The operating performance in the first quarter of 2024 shall be subject to the information disclosed by the company at that time. Thank you for your attention!