On August 20, 2026 (addendum), Jinchuan Group, leveraging its fully proprietary medium-pressure carbonylation metallurgy system, produced its first batch of submicron carbonyl nickel powder trial samples, officially entering the trial production stage. The product targets special hard alloys, electronic conductive pastes, and electromagnetic shielding composite materials, aiming at high-end markets such as AI servers and autonomous driving. This move fills the domestic capacity gap for high-end submicron nickel powder and reduces import dependence. As a global leader in nickel and cobalt, Jinchuan Group's expansion into ultrafine nickel powder deep processing directly strengthens the domestic self-sufficiency of high-end conductive paste and hard alloy powders. Value for powder buyers: ① The trial production of domestic submicron carbonyl nickel powder offers an import-substitution supply option for hard alloy, conductive paste, and electromagnetic shielding material manufacturers; ② High-end electronic applications like AI servers and autonomous driving impose stringent requirements on nickel powder particle size, purity, and batch consistency—close attention should be paid to quality stability after mass production; ③ The leading company's upstream deep-processing expansion will reshape the competitive landscape of ultrafine nickel powder, enabling downstream customers to reduce procurement costs and supply risks through localization.