Every AI newsletter, investors ask questions on the investor interaction platform: Hello, your cesium business is mainly used in the field of oil well completion. Will the current rise in international crude oil have an impact on the sales of your cesium business?
Sinomine Resource Group Co.Ltd(002738) (002738. SZ) said on the investor interaction platform on January 21 that the company’s cesium salt business is mainly in the field of fine chemicals and oil and gas. The recovery of the oil and gas industry has driven the growth of the company’s cesium formate business. The company is the only supplier of cesium formate business in the world, and its downstream customers are mainly the world’s leading oil service enterprises.