Yu Diamond rapid impact limit nano diamond line project contribution performance

Abstract Financial website website July 2: On Wednesday afternoon, Yu Diamond's share price suddenly surged and quickly hit the daily limit. As of press time, the stock rose 9.19% to 6.30 yuan. Yu Diamond (300064.SZ) recently said in an institutional survey...
Financial website website July 2: On Wednesday afternoon, Yu Diamond's share price suddenly surged and quickly hit the daily limit. As of press time, the stock rose 9.19% to 6.30 yuan.

Yu Diamond (300064.SZ) recently said in an institutional survey that the micron diamond line project implemented by the company's subsidiary Huajing Precision Manufacturing Co., Ltd. was completed at the end of September 2013. The diamond line produced by the project has good performance. Performance has contributed to the company's performance.

The “Investor Relations Activity Record Form” published by Yu Diamond on June 30 showed that the micron diamond line project was implemented by the company's subsidiary Huajing Precision Manufacturing Co., Ltd., which was completed at the end of September 2013. The company's diamond wire has high cutting efficiency, stability, and good grinding resistance. The project has contributed to the company's performance.

The total investment of the Henan Diamond Micron Diamond Line Project is 184 million yuan. The scale of the project construction is 0.33mm 14400km/year and 0.12mm 1320000km/year for the design and production of photovoltaic industry.

Yu Diamond's main business is the development, production and sales of super-hard materials, super-hard materials and equipment and raw and auxiliary materials. In 2013, the product structure was adjusted. On the basis of the development of traditional synthetic diamond products, we focused on supporting the research and development and market expansion of large single crystals, diamond micro-powders, diamond wire saws and other products, enriching the product structure.

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