Recently, Foshan jinyinhe Intelligent Equipment Co., Ltd. disclosed in the reply announcement on the letter of concern of Shenzhen Stock Exchange: in 2021, with the continuous recovery of the global economy and the obvious growth of overseas demand, the on-hand orders (including tax) of silicone products of the company on December 31, 2020 were 9.4799 million yuan, and the on-hand orders (including tax) of silicone products on November 22, 2021 It was 27.983 million yuan, and the orders of silicone downstream enterprises increased significantly. In 2020, the average unit price of silicone products sold by the company was 17.20 yuan / kg. From January to September 2021, the average selling price of silicone products increased to 23.28 yuan / kg, and the price of silicone increased significantly.


Jinyinhe mainly provides automatic production equipment solutions for lithium battery and silicone production enterprises, and provides downstream enterprises with a variety of silicone products such as high-temperature vulcanized silicone rubber, liquid injection molding silicone rubber, 110 methyl vinyl silicone rubber, vinyl silicone oil, alkoxy terminated silicone oil, electronic industrial rubber and so on.


In 2019, 2020 and January September 2021, the revenue of silicone production equipment was 166599300 yuan, 209.1965 million yuan and 82.6692 million yuan respectively, accounting for 28.14%, 35.64% and 10.89% of the main business revenue respectively. The revenue of silicone equipment increased significantly in 2020, mainly due to the high prospect of photovoltaic industry in 2020, Silicone manufacturers have a strong desire to seize market share and expand production, which has driven the sales of the company's photovoltaic adhesive production line. Therefore, the income of silicone equipment production line will rise in 2020. The low revenue of silicone production equipment from January to September 2021 is mainly because large orders of silicone production equipment are mainly obtained in the first half of 2021. As of September 30, 2021, large orders have not met the conditions for revenue recognition.