Recently, the Ningbo Municipal Bureau of Economy and Information Technology released the first batch of "specialized, refined, unique and new" small and medium-sized enterprises in Ningbo for the year 2023, and our company Qingchun Semiconductor was successfully selected. The recognition of our company as a "specialized, refined, unique, and new" small and medium-sized enterprise in Ningbo City is another gratifying achievement in strengthening our independent innovation capabilities, technological achievement transformation capabilities, and comprehensively enhancing our core competitiveness. It is also a full recognition and high affirmation of our company's technical capabilities, level of specialization, and development prospects in various aspects.

Specialized, refined, distinctive, and innovative enterprises refer to small and medium-sized enterprises with advantages in specialization, refinement, uniqueness, and novelty. It is currently one of the most authoritative honorary titles in the evaluation of small and medium-sized enterprises. Enterprises rated as "specialized, refined, unique, and innovative" often delve deep into a specific field, master key core technologies, and gain market competitive advantages.

Qingchun Semiconductor is a leading domestic designer and supplier of silicon carbide power devices. Since its establishment in 2021, the company has developed independent intellectual property rights for SiC diodes and Mosfet devices in a very short period of time. The products have passed vehicle grade reliability tests, breaking through the bottleneck of domestic SiC power device design and large-scale manufacturing, and achieving many remarkable achievements in the industry. This award of the "Specialized, Refined, Unique and New" title in Ningbo City is another full recognition of Qingchun Semiconductor's leapfrog development.

Qingchun Semiconductor always aims at the forefront of international technology and takes it as its responsibility to provide world-class silicon carbide power chips. In 2023, Qingchun Semiconductor has broken through the bottleneck of production capacity. In August, it will launch the second-generation 1200V SiC MOSFET with better performance, as well as subsequent 750V, 1700V, and 2000V platform series products, and provide customers with production capacity guarantee to create maximum value for customers. It will continue to contribute its own strength to the development of China's new energy and energy conservation and emission reduction industry.