From July 5 to 7, SANAN participated in the 13th China Auto Forum sponsored by China Association of Automotive Manufacturers (CAAM). With the theme of "New Era, New Mission, New Driving Force - Helping Build a Modern Industrial System", this forum aims to contribute the wisdom and strength of the automotive industry to the construction of a modern industrial system. Mr. Lin Zhidong, Chairman of Hunan SANAN, attended the event and delivered a keynote speech at the closed-door summit.

China Auto Forum has been highly praised by the industry for its international perspective, pragmatic organization and high-quality output, and brings together government leaders, global automotive enterprise leaders and industry elites to share their ideas and wisdom every year. As an outstanding enterprise representative, SANAN has participated in the Forum for two consecutive years, contributing ideas and making efforts for the development of the industry.

Facing the new challenges in the new energy vehicle market, Mr. Lin Zhidong said: " SANAN has long been committed to the R&D, production and sales of power semiconductors for new energy vehicles, and has built an advanced vertically integrated manufacturing base for the whole SiC industrial chain in China taking independent innovation as the first element. Phase I has achieved mass production, with an annual production capacity of 200,000 6-inch SiC wafers, and the Phase II is expected to be completed by the end of the year, with a total production capacity of 500,000 wafers/year upon reaching design capacity, which can meet the needs of more than one million new energy vehicles. "

SANAN has more than two decades of successful experience in the field of compound semiconductors, and its SiC diodes are widely used in OBC, DC/DC and charging piles of new energy vehicles, with cumulative shipments exceeding 100 million. Through close cooperation with its strategic customers, SANAN has developed domestic SiC MOSFET, and the SOP will be designated in the fourth quarter of this year, marking an important step for the industrialization of Chinese SiC MOSFET in the main drive of new energy vehicles.

In order to accelerate the popularization of SiC semiconductors, SANAN continues to expand its industrial scale and reduce its application cost. The Company's SiC materials have been recognized by international manufacturers and exported to the overseas market in large quantities. In June this year, SANAN signed a joint venture cooperation agreement with STMicroelectronics to jointly build a production line with an annual production capacity of 500,000 8-inch SiC wafers, and Hunan SANAN serves as the exclusive substrate supplier for the joint venture company. This cooperation will enhance the international competitiveness of China's SiC semiconductor industry and help ensure the supply chain security of SiC chips for new energy vehicles in China.

The global automotive industry will enter the era of high-voltage technology reform, and SiC chips will be the core of the future 800V platform. A shortage of SiC chips is predicted in the global SiC industry before 2025. SANAN will continue to adhere to independent innovation and strengthen international cooperation to ensure stable supply and reliable delivery of products.

On the next day of the forum, Dr. Shi Hongliang, an SiC application expert of Hunan SANAN, delivered a keynote speech at the theme forum on "Making Synchronized Progress In Chip Industry", sharing the advantages of SANAN's vertical integration mode and the practice of industrial chain coordination.

In the future, SANAN will continue to increase its input in research and development, accelerate product renewal and iteration, actively develop overseas markets, and enhance its global operation capability and influence. SANAN has the confidence to become one of the more valuable partners in the new energy automotive industry chain, and will share resources and wisdom with all parties with an open mind to forge synergies, thus promoting the whole industry to develop in a more sustainable and environmentally friendly direction, and contributing to a new chapter of the development in the era of electric vehicles.