Gold Dragon Feather: The solid-state battery-related business has not yet generated long-term stable income.

date
22/05/2025
Jinlongyu has announced a development notice. The research and development of solid-state batteries and their key materials have made certain progress, and some materials have been sent to customers for sample testing. Recently, the company's subsidiary, Jinlongyu New Energy (Shenzhen) Co., Ltd., signed a purchase order for high-energy density solid-state cores for drones with a customer. The order amount is relatively small and is expected to have no significant impact on the company's profits for the current year and future years. The subsidiary's production line in the company's Huizhou Industrial Park can meet the production needs of the above-mentioned order. The project construction period is estimated to be 12 months, not exceeding three years. The research and development of solid-state batteries and their key materials is a cross-border investment for the company. Although there are orders now, the related business has not yet formed a stable long-term income, which does not have a significant impact on the overall performance of the company for the time being.