Group 1 - The company, Yunnan Germanium (002428.SZ), has initiated the construction of a new project for germanium wafers used in space solar cells, approved by the board of directors [1] - The new production capacity is being built on top of the existing capacity, with machinery and equipment gradually being put in place, leading to a gradual increase in production capacity [1] - An investor inquired about the company's photovoltaic germanium production capacity, which was reported to be 490,000 wafers per year, and questioned how the company could produce the same amount in just the first half of the year when it was already operating at full capacity last year [3]

Core Viewpoint - Yunnan Ge Industry (002428) is implementing a "germanium chip construction project for space solar cells" to meet current customer demands and align with future downstream demand trends [1] Project Details - The project has a planned construction period of 18 months [1] - By the end of 2025, the project aims to achieve an annual production capacity of 1.25 million germanium chips [1] - Once fully completed, the project will reach an annual production capacity of 2.5 million germanium chips [1]

Core Viewpoint - Yunnan Germanium (002428) is actively implementing projects to meet current customer demands and align with future downstream trends in the germanium industry [1] Group 1: Project Implementation - The "Space Solar Cell Germanium Chip Construction Project" aims to further satisfy current customer needs and keep pace with future demand trends [1] - The "Advanced Germanium Material Construction Project" is focused on enhancing the company's long-term industrial layout and improving production technology for germanium materials [1] Group 2: Technological Advancements - The implementation of the advanced project will facilitate the conversion of research and development achievements, equipment updates, and improvements in automation levels [1] - These initiatives are designed to meet the development needs of high-end germanium products, aiding the company's transformation and upgrading efforts [1]

Group 1 - The company responded to an investor inquiry regarding the timeline for the new production capacity to be operational, indicating that the construction period for the "germanium wafer project for space solar cells" is planned for 18 months [2] - The company noted that the prices of photovoltaic-grade germanium products have stabilized recently, with no significant changes reported [2] - The project construction is currently proceeding as planned, and the company will disclose any relevant progress in accordance with regulations [2]