Tianyue Advanced: The company’s raised funds this time are mainly used for the Lingang “Silicon Carbide Semiconductor Material Project”.

　　Tianyue Advanced(688234.SH) stated on the investor interactive platform on April 13 that the operation of stock prices in the secondary market is affected by multiple complex factors. The macro economy, market environment, investment preferences, market trends and market expectations will all affect the company’s short-term stock price performance.The company’s raised funds are mainly used for Lingang “Silicon Carbide”semiconductorIt is expected to increase the production capacity of 300,000 pieces/year after reaching production. The project is currently under construction as planned, and the capping has been completed in March 2022. Based on the current year’s operation and profitability, the company fully considers that the company is currently in a high-speed During the development period, the scale of R&D projects and operations continued to expand, and the demand for funds was large. In order to better maintain all theshareholderTo ensure the sustainable development and capital needs of the company, no cash dividend will be distributed in 2021.In the future, the company will continue to improve its core competitiveness and sustainable profitability, with goodperformanceand better market performance returns investors.

(Article source: Daily Economic News)

Article source: Daily Economic News

Responsible editor: 92

Original title: Tianyue Advanced: The company’s raised funds this time are mainly used for the Lingang “Silicon Carbide Semiconductor Material Project”, and it is expected to add 300,000 pieces of production capacity per year