格隆汇1月8日丨金银河(300619.SZ)在投资者互动平台表示，公司生产的铷铯盐产品可应用于航空航 天、国防军工、石油勘探、磁流体发电、离子推进器、新能源、生物医药、量子通信等领域。 ...

Core Viewpoint - The company Jin Yinhe has achieved significant milestones in its production and sales of rubidium and cesium salts, contributing to its improved financial performance and stock price increase [2][3][5]. Group 1: Product Development and Sales - Jin Yinhe's rubidium and cesium salt products have begun sales, marking a key breakthrough after nearly ten years of research and development [3]. - The company’s high-purity rubidium and cesium salt crystallization project, which is the largest of its kind globally, reached production capacity on October 18 [2][3]. - The designed production capacity for the project is 1,800 tons/year of high-purity rubidium salt and 350 tons/year of high-purity cesium salt [3]. Group 2: Financial Performance - Jin Yinhe's net profit for the third quarter reached 53.98 million yuan, a year-on-year increase of 1,593.75%, marking the highest quarterly profit since its listing in 2017 [2][6]. - For the first three quarters of 2025, the company reported a total revenue of 1.371 billion yuan, a year-on-year growth of 7.33% [5]. - The stock price of Jin Yinhe has surged by 176.11% from 18.5 yuan per share at the beginning of 2025 to 51.08 yuan per share by November 27 [2][6]. Group 3: Research and Development Investment - Since its listing in 2017, Jin Yinhe has steadily increased its R&D investment, with total expenditures reaching 510 million yuan [4]. - In 2023, the company's R&D expenses exceeded 100 million yuan for the first time, amounting to 110 million yuan [4].

Group 1: Company Performance and Financials - The company has received orders for solid-state battery equipment, with some orders already delivered [2] - The lithium mica extraction project has been completed and is expected to significantly enhance company performance [2] - In Q2, revenue and profit saw substantial growth, attributed to increased orders in new energy battery equipment and a 16.04% year-on-year revenue growth in lithium mica products [3] Group 2: Strategic Developments - The company has established partnerships for the extraction of rubidium and cesium salts, enhancing its market competitiveness [3] - The company is actively expanding its lithium mica procurement channels, entering the procurement whitelist of Jiangxi Tungsten Industry Group [3] - The solid-state battery equipment is currently being delivered according to customer needs, although its revenue contribution is still minor [3] Group 3: Future Outlook and Innovations - The company is focusing on optimizing solid-state battery production processes to meet market demands for high energy density and safety [4] - The "Golden Dragon" series dry electrode manufacturing machine is a key innovation aimed at leading the industry in solid-state battery equipment [4] - The company plans to implement more measures to enhance market value management, leveraging its core competencies in solid-state battery and lithium mica extraction businesses [3]