1. Fluctuation of raw material price: The raw material of bismuth owners in Jin Wang is rare and precious metal containing bismuth, and the price fluctuates greatly due to market supply and demand, international political and economic situation and other factors.
2. Environmental protection policy pressure: With the improvement of environmental awareness, the government has high environmental protection requirements for the non-ferrous metal industry. The bismuth industry in Jin Wang needs to invest a lot of money in the construction and renovation of environmental protection facilities to meet the government's environmental protection requirements.