Jinhong Gas: Expected this year's helium sales to double year-over-year; Xinjiang helium source plans to conduct trial production in the second half of the year.

Jinhong Gas stated at the recent shareholders’ meeting that the company’s helium sales volume is expected to double by 2026 compared to the same period last year. “Last year, the company’s helium supply was not sufficient, so at the end of 2025, we renegotiated with Russian suppliers, and this year in the second half, the company’s helium extraction facility in Xinjiang will begin trial production, making our helium source structure more diversified.” Regarding shipment prices, it was introduced that since the company has signed supply contracts with long-term customers, there will be no special price adjustments for these long-term clients, “unless there is extreme tension in the market”; for newly signed customers and channel partners, the elasticity of helium shipment prices will be greater. Additionally, regarding the recent impact of Russia’s export control policies on helium, Jinhong Gas stated that the company still has inventory of helium. (Cailian Press)