Core Viewpoint - The company, Lian Micro (605358.SH), reported significant growth in shipment volume of heavily doped silicon wafers due to sufficient orders, leading to increased single wafer prices through prioritization of high-value product orders [1] Group 1: Business Performance - The company’s silicon wafer business adheres to a differentiated competition strategy, leveraging its technological advantages in heavily doped silicon wafers, with some technologies reaching globally leading levels [1] - Fixed costs account for approximately two-thirds of the operating costs in the silicon wafer business, and as shipment volumes increase, the depreciation, electricity, and labor costs per product significantly decrease, effectively enhancing the gross profit margin [1] Group 2: Future Plans - The company plans to continue advancing the construction of its Quzhou base, which aims for an annual production capacity of 1.8 million 12-inch silicon epitaxial wafers, and the Jiaxing base, targeting an annual capacity of 960,000 12-inch silicon epitaxial wafers, adjusting the construction pace based on capacity ramp-up and customer demand [1] - The Haining Lian Micro Dongxin facility has already commenced production with an annual capacity of 60,000 wafers, currently focusing on capacity ramp-up and increasing the proportion of high-value-added products such as VCSEL and aerospace applications [1]