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What is the progress of Wuhu Qin Yu Semiconductor Technology Co., Ltd. and when will it be put into production?
The main body of the project has been completed, in June 2023.

1, April, 2023 18, Wuhu Aviation Industrial Park, a high-performance timely fiber industry and technology research institute jointly established by Anhui Shi Yao New Materials Technology Co., Ltd. and Anhui Engineering University, was officially unveiled, and the main body of the project has been completed.

2. Wuhu Qin Yu Semiconductor Technology Co., Ltd. is expected to invest and build a factory in June 2023. After the project is put into production, the annual sales income will be 5 billion yuan and the tax will be 500 million yuan.