Core Viewpoint - The recent advancements in helium extraction technology and geopolitical events surrounding helium supply chains highlight significant developments in the helium industry, particularly in China and Russia [2][4][7]. Group 1: Technological Advancements - Wanrui Cold Electric has developed a "low-temperature refining and neon removal device" that achieves helium purity of 99.99997% (6N9 level), marking a major breakthrough in low-abundance natural gas helium extraction in China [2][4]. - The new extraction technology integrates a four-stage coupling process, including hydrogen removal, membrane separation, pressure swing adsorption, and low-temperature refining, allowing for continuous operation and an annual extraction capacity of 400,000 cubic meters of high-purity helium [5]. Group 2: Market Dynamics - Helium is considered a strategic resource with applications in aerospace, nuclear reactors, and semiconductor industries, often referred to as "golden gas" due to its irreplaceable role [6]. - The geopolitical situation has led to concerns about helium supply disruptions, particularly following a drone attack on the Orenburg helium plant in Russia, which accounts for approximately 62.5% of Russia's helium production and 3% of global supply [7][8]. Group 3: Resource Availability - China's helium resources have historically been underdeveloped, with an average abundance of only 0.03%-0.05% in natural gas fields, significantly lower than the international standard of 1%-7% [4]. - Recent geological surveys have revealed an increase in China's proven helium reserves, totaling 4.07 billion cubic meters, with several gas fields exceeding 200 million cubic meters in reserves [5].