Dual limit board Jinlongyu: Solid state battery related business has not yet formed long-term stable income.

Jinlongyu, which has two consecutive daily limit increases, disclosed a notice of stock trading abnormality in the evening of May 21st, stating that as of now, the company's research and development of solid-state batteries and their key materials has made certain progress, and some materials have been sent to customers for sample testing. Recently, the company's subsidiary, Jinlongyu New Energy (Shenzhen) Co., Ltd., signed a purchase order for high-energy density solid-state battery cores for drones with a small amount. It is expected that it will not have a significant impact on the profits of this year and future years. The research and development of solid-state batteries and their key materials by the company belong to cross-border investments. Although there are already orders, the related business has not yet formed long-term stable income, and it does not have a significant impact on the overall performance of the company for the time being.