Yunnan Lincang Xinyuan Germanium Industry Co., Ltd. 2025 Annual Report Summary
Securities Code: 002428 Securities Abbreviation: Yunnan Germanium Industry Announcement No.: 2026-021
I. Important Notice
This annual report summary is derived from the full annual report. To fully understand the company's operating results, financial status, and future development plans, investors should carefully read the full annual report on the designated media of the China Securities Regulatory Commission.
All directors attended the board meeting to review this report.
Non-standard Audit Opinion Notice □ Applicable Not Applicable
Board of Directors' Review of the Profit Distribution Plan or Capital Reserve Transfer to Share Capital for the Reporting Period ☑ Applicable Not Applicable
Whether to transfer capital reserve to share capital □ Yes No The profit distribution plan reviewed and approved by the Board of Directors is: Based on 653,120,000, a cash dividend of 0.10 yuan (tax included) per 10 shares will be distributed to all shareholders, with 0 bonus shares (tax included), and no transfer of capital reserve to share capital.
Board of Directors' Resolution on the Profit Distribution Plan for Preferred Shares in the Reporting Period □ Applicable Not Applicable
II. Company Basic Information
- Company Profile
| Stock Abbreviation | Stock Listing Exchange | Stock Code |
|---|---|---|
| Yunnan Germanium Industry | Shenzhen Stock Exchange | 002428 |
| Contact Person and Contact Information | Name | Board Secretary | Securities Affairs Representative |
|---|---|---|---|
| Zhang Xinchang | Zhang Yicang | ||
| Office Address | No. 666 Kuixing Street, Jinsuopu Power Equipment Industrial Park, Chenggong New District, Kunming City, Yunnan Province | No. 666 Kuixing Street, Jinsuopu Power Equipment Industrial Park, Chenggong New District, Kunming City, Yunnan Province | |
| Fax | 0871-63635956 | 0871-63635956 | |
| Telephone | 0871-65955312 | 0871-65955973 | |
| zhangxinchang@sino-ge.com | zhangyicang@sino-ge.com |
- Brief Introduction of Main Business or Products for the Reporting Period
(1) Company Business and Products
The company's main business is germanium mining and smelting, fine processing and R&D of germanium series products and compound semiconductor materials. The ore and crude processed products from the company's mines are not sold externally but are used as raw materials for the company and its subsidiaries' downstream processing. The company's main material-grade germanium products include germanium ingots (metallic germanium) and germanium dioxide. In terms of deep processing, photovoltaic-grade germanium products are mainly germanium wafers for solar cells. Infrared-grade germanium products are mainly infrared-grade single germanium crystals and blanks (optical components), germanium mirrors, lenses, infrared thermal imagers, and optical systems. Fiber-optic grade germanium products are germanium tetrachloride for optical fibers. Compound semiconductor materials mainly include gallium arsenide wafers and indium phosphide wafers. The company's products are mainly used in infrared optoelectronics, solar cells, fiber optic communications, light-emitting diodes, vertical-cavity surface-emitting lasers (VCSELs), high-power lasers, optical communication lasers, and detectors.
As of the end of the reporting period, the company's material-grade germanium products have a germanium ingot production capacity of 47.60 tons/year, a solar-grade germanium wafer production capacity of 1.25 million pieces/year (equivalent to 4-inch), a germanium tetrachloride production capacity of 60 tons/year for optical fibers, an infrared optical germanium lens production capacity of 35,500 sets/year, a gallium arsenide wafer production capacity of 800,000 pieces/year (2-6 inches), and an indium phosphide wafer production capacity of 150,000 pieces/year (2-4 inches).
(2) Industry Development Status