Core Viewpoint - Jinju Group's stock opened over 5% higher, reflecting positive market sentiment following announcements regarding project wins and revenue generation from subsidiaries [1] Group 1: Project Wins - Jinju Group's subsidiary, Zhejiang Jinju Hangjia Green Building Technology Co., Ltd. (referred to as "Jinju Hangjia"), has reportedly won the bid for the Anhui Hefei BEST project [1] - The wholly-owned subsidiary, Beijing Jinju Tongda Refractory Technology Co., Ltd. (referred to as "Tongda Refractory"), is supplying refractory materials to four major launch bases: Jiuquan, Taiyuan, Xichang, and Wenchang [1] Group 2: Revenue Generation - For the period from January to September 2025, Jinju Hangjia is expected to generate revenue of 587,000 yuan (approximately 0.087 million USD) from supplying aerated products for the Anhui Hefei BEST project [1] - Tongda Refractory is projected to achieve business revenue of 44.73 million yuan (approximately 6.7 million USD) from supplying refractory materials to the four launch bases [1] - The combined revenue from these projects is minimal compared to Jinju Group's total revenue of 69.489 billion yuan (approximately 10.4 billion USD) for the first three quarters of 2025, indicating a small contribution to overall financial performance [1]
金隅集团高开逾5% 通达耐火为四大发射基地供应耐火材料