Shudao Equipment: Rising helium prices are expected to have a positive impact on the company's helium business
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Golden Ten Data reported on May 13 that Shudao Equipment stated on its interactive platform that the company is closely monitoring recent changes in the domestic helium market's supply and demand and price trends. Its controlling subsidiary, Inner Mongolia Deep Cryogenic Special Gas Co., Ltd., has achieved stable production and sales of helium through its LNG-BOG helium extraction unit. The increase in helium prices is expected to have a positive impact on the company's helium business and is anticipated to contribute certain revenue this year. To seize market opportunities, the company will take multiple measures to increase supply: first, by continuously optimizing the process of the Yahaik Helium Extraction Unit in Inner Mongolia to improve production efficiency and product competitiveness; second, by continuously expanding sales channels to fully enhance market share and operational performance.
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