Jinhong Gas Co., Ltd. Q1 2025 Report

Q1 2025 Report

Performance Overview

  • Operating Revenue: $86.83 million
  • Total Assets: $996.63 million
  • Net Profit Attributable to Shareholders: $6.13 million
  • Net Operating Cash Flow: $13.39 million

Product Revenue Share

  • Bulk Gases: 41.98%
  • Specialty Gases: 34.27%
  • On-site gas production and rental: 12.89%
  • LNG: 10.87%

Vertical Development

Q1 2025 R&D Investment: $3.86 million

  • Newly granted patents: 5 (1 Invention, 4 Utility Model)
  • Newly filed patents: 7 (2 Invention, 5 Utility Model)
  • Newly drafted patents: 1 (1 National Standard-Related)
  • Newly released standards: 2 (2 National Standards)

New Applications

  • Jointly Writing a Chapter in the Water Treatment Industry
  • Strategic Agreements with Shanxi Maglev Lab and Jingneng Puhua
  • Technical Cooperation with SJTU Hydrogen Science Center

Horizontal Layout

New Partnerships

  • Equity Partnership with CHEM-GAS
  • Equity Transfer Agreement with Hanxing Energy

New Acquisitions

  • Bulk Gas Project for Greater Bay Chiplet Company
  • Zhejiang Laibao Display Co., Ltd.
  • Bulk Electronic Gas Supply Project in Shanwei
  • Shanxi Electronics Chip Times Tech Co., Ltd.
  • Wuhan MEMSonics Technology Co., Ltd.
  • Wuhan Global Sensor Technology Co., Ltd.

New Additions

  • Established 3 new companies
  • Acquired 1 company

New Breakthroughs

  • Business operations expanded to 51 overseas countries

View the full report

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