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Suzhou Jinhong Gas Co Ltd

Jinhong Gas Co.,Ltd. produces and sells bulk, special, and natural gas products in China. It offers various gases, including hexafluoro butadiene, monofluoromethane, disilane, dichlorosilane, natural gas, methane, boron trichloride, nitrogen trifluoride, sulfur hexafluoride, octafluorocyclobutane, hexafluoroethane, carbon tetrafluoride, hydrogen chloride, carbon monoxide, nitrous oxide, silane, high-purity ammonia, standard gas, dry ice, carbon dioxide, ammonia, nitrogen, argon, hydrogen, helium, acetylene, propane, and oxygen. The company sells its products in the form of steel cylinders, storage tanks, and on-site gas pipelines. It serves electronic semiconductor, medical health, energy conservation and environmental protection, new materials, new energy, high-end equipment manufacturing, and other industries. The company was formerly known as Suzhou Jinhong Gas Co.,Ltd. and changed its name to Jinhong Gas Co.,Ltd. in 2022. Jinhong Gas Co.,Ltd. was founded in 1999 and is headquartered in Suzhou, China.

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Jinhong Gas first-half 2026 net profit of 67.8934 million yuan, down 17.41% year on year

Jinhong Gas released its 2026 interim report. Total operating revenue was 1.473 billion yuan, and net profit attributable to the parent company was 67.8934 million yuan, down 17.41% from the same period last year, ranking 12th among peer companies that have already disclosed results. Net cash inflow from operating activities was 215 million yuan. The asset-liability ratio was 48.75%, and the gross margin was 26.98%, down 2.72 percentage points from a year earlier. Diluted earnings per share were 0.13 yuan, down 23.53% year on year. The company had 49,200 shareholders, and the top ten shareholders held 45.81% of total share capital.
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Jinhong Gas first-half net profit attributable to parent falls 17.4% to 67.89 million yuan

Jinhong Gas released its 2026 interim report. First-half operating revenue was 1.47 billion yuan, up 12.1% year on year, while net profit attributable to the parent was 67.89 million yuan, down 17.4% year on year. Second-quarter operating revenue was 810 million yuan, up 17.2% year on year, and net profit attributable to the parent was 63.02 million yuan, up 65.0% year on year. As of the end of the second quarter, the company's total assets were 8.256 billion yuan, up 6.1% from the end of the previous year, and net assets attributable to the parent were 3.984 billion yuan, up 27.2% from the end of the previous year. The company said it continues to deepen its presence in specialty gases and bulk gases, with a product line covering specialty gases such as ultra-pure ammonia, high-purity nitrous oxide, and high-purity carbon dioxide, as well as bulk gases such as oxygen and nitrogen.
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Jinhong Gas Co-establishes New Company in Qianjiang with Registered Capital of 25 Million Yuan

Jinhong Gas Qianjiang Company Limited was recently established, with Wang Huan as its legal representative and a registered capital of 25 million yuan. The company's business scope covers the manufacturing of basic chemical raw materials and the production of chemical products. The equity structure shows that the new company is jointly held by Jinhong Gas Shanghai Company Limited, a subsidiary of Jinhong Gas, and Jingzhou Zhongye Industrial Gas Sales Company Limited.
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Industrial Gas Concept Stocks Surge; Shuifa Gas Hits Limit Up

In early trading on July 13, industrial gas concept stocks opened sharply higher. Shuifa Gas hit its daily limit up at the open. Jinhong Gas and Huate Gas were among the top gainers, while Kemet Gas and Hangyang also surged to their daily limits. On the news front, the Ministry of Commerce and the General Administration of Customs announced on July 10 temporary export controls on helium. The traditional Chinese medicine sector was active, with Yiling Pharmaceutical, Kangyuan Pharmaceutical, and Taiji Group among the top gainers. Longshenrongfa rose over 16 percent, and Harbin Pharmaceutical and Lifang Pharmaceutical hit their daily limits. This followed the State Council's approval of the 15th Five-Year Plan for the Revitalization and Development of Traditional Chinese Medicine. In Hong Kong, the market opened lower but then moved higher, with the Hang Seng Tech Index briefly gaining over 1 percent.
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China imposes temporary export ban on helium, industrial gas stocks hit daily limit across the board

China's Ministry of Commerce and the General Administration of Customs issued a notice on July 10, imposing temporary export ban management on helium, triggering a sharp opening surge for industrial gas concept stocks on the morning of July 13. Jinhong Gas and Huate Gas led the gains, Shuifa Gas hit the daily limit at the open, Jovo Energy locked in its second consecutive daily limit, and stocks such as KMT Gas and Hangzhou Oxygen also hit their daily limits. Helium is hailed as the 'golden gas' and is indispensable in semiconductor manufacturing. With demand surging recently, Zhang Zhijun, deputy manager of the production department at Shanghai Youjiali Specialty Gases, said daily output has doubled compared with the start of the year. The China Industrial Gases Industry Association noted in a statement that this move is an important measure to safeguard helium resource security and promote high-quality development of the industry, and will help maintain the stability of the global gas supply chain.
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