Yu Diamond: Focus on the main business
The company focuses on its main business and its synthetic diamond production capacity continues to expand. The company plans to use super-raised funds for capacity expansion, with a production capacity of 420 million carats in 2009 and a new capacity of 3+340 million carats in 10 years. As the newly added capacity is gradually released during the construction period, it is expected to reach a capacity of around 800 million next year, which will significantly improve the company's profitability. Wardrobe Cabinet Handle,Thickened Solid Door Handle,Pure Copper Door Handle,Minimalist Wardrobe Invisible Handle Guangzhou Junpai Hardware Co., Ltd , https://www.gdjhfurniture.com
1. Traditional and emerging applications have driven rapid growth in market demand. Synthetic diamond is mainly used in stone building materials, mechanical and electronic processing, etc. Benefiting from the national urbanization rate increase and high-end equipment manufacturing upgrade policy, the demand for diamonds in the traditional field will maintain steady growth; the demand for diamonds in emerging industries will gradually increase.
2. Operating income in the first three quarters increased by 43.79% year-on-year, and operating profit increased by 48.62% year-on-year. In the first three quarters of the company, the company seized the opportunity to actively explore new market areas and potential quality customers. The sales volume of the products increased sharply, further consolidating and enhancing the market share of the company's products.