Jinlongyu Group Co Ltd Class A

Jinlongyu released its 2026 semi-annual report, with first-half operating revenue reaching 2.248 billion yuan, up 4.22 percent year on year, as its solid-state battery business formally entered a key industrialization phase. The company's foreign trade revenue came to 286 million yuan, surging 129.99 percent year on year and becoming an important driver of revenue growth. On solid-state batteries, the Huidong materials base has laid out four major product lines, with some production expected to begin before the end of 2026; the Shenzhen Dapeng cell base with annual capacity of 2 gigawatt-hours began preparatory construction in early 2026. The company's 20 amp-hour all-solid-state pouch cell has passed third-party testing, with an energy density of 400 watt-hours per kilogram, and solid-state battery and materials revenue reached 2.0354 million yuan in the first half.