Exin Diamond has increased its financing by more than 100 million yuan to optimize the product structure of the company
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Exin Diamond said that the funds raised will be used to further optimize the company's product structure, reduce costs, expand the scale of composite diamond tools and gem-quality decorative diamond products, plan to invest 20 million in saw blade technology upgrades, and invest 20 million in composite abrasive tools. 33 million are used for gem-quality decorative diamonds; the remainder is used to supplement liquidity.