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