Zhitong Finance App News, Jinshi Resources (603505.SH) announced that Inner Mongolia Jin'e Fluorine Chemical Co., Ltd. (“Jin'e Fluorine Chemical”), a 51% holding subsidiary of the company, had previously temporarily suspended production due to production safety work. At present, Jin'e Bofluorine Chemical has completed safety rectification and passed inspections organized by emergency authorities at all levels, and production will resume on November 12, 2026.

This discontinuation of production has had a big impact on the company's third and fourth quarter results, and will also have a big impact on full-year results. According to the plan at the beginning of the year, Jin'e Fluorine Chemical plans to produce 220,000 to 260,000 tons of anhydrous hydrogen fluoride in 2026; the actual output from January to June is about 120,000 tons, with an average monthly output of about 20,000 tons. Based on this, Jin'e Fluorine Chemical's annual production is expected to be adjusted to around 150,000 tons. During the discontinuation of production of Jin'e Bofluorine Chemical, production of the Baogang Jinshi Mineral Processing Project, which is upstream of the “Selection and Integration” project, was carried out normally, and it is expected to achieve the annual production target of 700,000 to 750,000 tons. By the end of October, the two projects had about 550,000 tons of fluorite powder in stock.

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