➀ The San’an-ST project, with a total investment of approximately CNY 30 billion, is close to completion and is expected to start production soon. ➁ The project includes a chip factory and a substrate factory, focusing on the production of SiC power chips and substrates. ➂ The substrate factory, fully funded by San’an Semiconductor, is set to produce 480,000 8-inch SiC substrates annually, while the chip factory aims for an annual production capacity of 480,000 automotive-grade SiC MOSFET power chips.