Focus on full-grade diamond micropowder, Huifeng Diamond was rated as a "gazelle" enterprise by the Science and Technology Department of Henan Province, focusing on full-grade diamond micropowder.
Release time:
2024-06-26 11:42
May 20, Huifeng, a company listed on the North Stock Exchange.Diamond(839725) Up, closing at 11.96 yuan/share, up 4.36.
the same wall finance and economics has learned that,Huifeng DiamondIs a professional man-madeDiamondsingle crystalMicro-powderThe main products include the research and development, production and sales of micro-powder extension application products and CVD diamond materials.diamond powderDiamond crushing and shaping materials and CVD cultivated diamonds, etc.
In December 2020, the company was awarded the title of "Little Giant" by the Ministry of Industry and Information Technology of the People's Republic of China. On November 24, 2021, the company's "artificial single crystal diamond powder" was identified by the Ministry of Industry and Information Technology as the sixth batch of manufacturing single champion products. In January 2022, the company was named "Gazelle Enterprise" by Henan Provincial Science and Technology Department. In November 2023, the company was recognized as "Henan Enterprise Technology Center" by Henan Provincial Development and Reform and Reform Commission ".
China is the world's largest producer of synthetic diamond, 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 output will be 16.2 billion carats in 2022. In 2023, according to the China Machine Tool Industry Association, China's synthetic diamond production accounted for more than 95% of the world.
With the rising demand for high quality ceramic products, the increasing concentration of the building ceramic industry and the expansion of overseas markets, the grinding and polishing of ceramicssuperhard materialThe huge demand for products has promoted the domestic diamond products to enter a new round of growth. With the increase of residential investment, the expansion of the construction industry and the increase of construction expenditure, the global stone market is growing. Brazil, India and other countries for the high consumption of stone, high output and high reserves to promote China's superhard material products export growth, led to the demand for industrial diamond.
Compared with other cemented carbide, industrial diamond is more suitable for deep hole requirements and has excellent drilling effect in hard rock formation. With the increase of exploration depth, the economic advantages of industrial diamond drilling are more obvious, and it has a good application prospect in deep mining in the future. The increase of mineral mining will further increase the demand for industrial diamond and its tool products.
In terms of performance, according to the company's disclosed 2024 quarterly report, the company achieved operating income of 61.91 million yuan and net profit of 2.157 million yuan.