According to Jin10, Jinlongyu said in a stock-trading abnormality announcement on October 8 that its solid-state battery business is still in the capacity-building and downstream customer-expansion stage. It has received small-batch orders but has not yet generated stable, long-term revenue, and currently has no material impact on the company's overall performance. The company also said the project faces risks that industrialization and commercialization may fall short of expectations due to macroeconomic conditions, industry policies, market changes, and construction progress.