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Focusing on full-grade diamond powder, Huifeng Diamond was awarded as “Gazelle” enterprise by Henan Provincial Science and Technology Department, focusing on full-grade diamond powder.
Release time:
2024-09-24 15:44
May 20, the North Stock Exchange listed Huifeng Diamond (839725) rose, closing at 11.96 yuan / share, up 4.36%.
The same wall of finance learned that Huifeng Diamond is a high-tech enterprise specializing in the research and development, production and sales of artificial diamond single crystal micropowder, micropowder extension application products and CVD diamond materials, the main products include diamond micropowder, diamond crushing and shaping materials and CVD cultivated diamonds.
In December 2020, the company was awarded the title of “Small Giant” by the Ministry of Industry and Information Technology of the People's Republic of China; on November 24, 2021, the company's “Artificial Monocrystalline Diamond Powder” was identified by the Ministry of Industry and Information Technology of the People's Republic of China as one of the sixth batch of single-champion products of the manufacturing industry; in January 2022, the company was awarded as a “Gazelle Enterprise” by the Department of Science and Technology of Henan Province; in November 2023, the company was recognized by the Development and Reform Commission of Henan Province as the “Henan Provincial Enterprise Technology Center”. Technology Center of Henan Province”.
China is the world's largest producer of synthetic diamonds, accounting for more than 90% of the world's total output, which is used to meet the needs of the world's major diamond consumer markets. According to the data of China Abrasives Industry Yearbook, China's diamond production will be 16.2 billion carats in 2022. 2023, according to China Machine Tool & Tool Industry Association, China's production of synthetic diamond accounts for more than 95% of the world.
With the rising demand for high-quality ceramic products, the increase in the concentration of the building ceramics industry and the expansion of overseas markets, the huge demand for ceramic grinding and polishing superhard material products, promoting the domestic diamond products into a new round of growth. With the increase in residential investment worldwide, the expansion of the construction industry and the increase in construction spending, the global stone market is growing. Brazil, India and other countries for stone high consumption, high output and high reserves to promote China's superhard material products export growth, driven by the demand for industrial diamond.
Compared with other cemented carbide, industrial diamond is more adaptable to the requirements of deep holes and has excellent drilling effect in hard rock formations. With the increase of exploration depth, the economic advantage of industrial diamond drilling is more obvious, and it has good application prospect in deep mining in the future, and the increase of mineral extraction will further increase the demand for industrial diamond and its tool products.
In terms of performance, according to the 2024 Q1 report disclosed by the company, the company realized an operating income of RMB61.91 million and a net profit of RMB2.157 million.
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