<p>➀ Beijing Jidu Jinguang Semiconductor Co., Ltd. has filed for bankruptcy liquidation due to financial difficulties;</p><p>➁ The rapid expansion of the silicon carbide market has led to intense competition and overcapacity;</p><p>➂ The price of silicon carbide has dropped significantly due to excessive supply and competition in the downstream electric vehicle industry;</p><p>➃ The industry is expected to see further consolidation and differentiation as new players enter the market.</p>