The demand for synthetic diamond market is promising

According to the statistics of industry associations, the production and sales volume of domestic synthetic diamonds increased from 1.6 billion carats to 5.4 billion carats from 2001 to 2009, with an average annual compound growth of 16.4%. In the next few years, the demand for synthetic diamond market in China will still maintain an average annual compound growth of more than 15%. It is expected that the domestic market demand in 2012 will reach 6 billion carats. With the improvement of the quality of domestic synthetic diamond industry technology, China's synthetic diamond products are gradually recognized by international customers. According to the statistics of industry associations, the number of synthetic diamond exports in China increased from 153 million carats to 927 million carats from 2001 to 2007. The compound growth rate is 35%.
"With the continuous expansion of China's investment infrastructure, the upgrading of technology in the traditional processing sector, the shift of global manufacturing to the domestic market and the rapid development of emerging industries, China's artificial diamond market demand is more vigorous, showing a sustained and rapid growth trend." On March 16, Guo Liuxi, chairman of Huajing Diamond, said. "Compared with the listed company Huanghe Cyclone, the company's product gross margin is higher than nearly 10%, which also reflects the company's relatively high-end products, technology is relatively leading." For the upcoming Zhengzhou Huajing Diamond, An Xin Securities analyst Lin Biao thinks. In 2007, 2008 and 2009, the gross profit margin of the company's main business was 40.72% and 44.83% and 45.10% respectively. In recent years, the company's artificial diamond products have a higher gross profit margin and a general upward trend, indicating that the company has strong profitability.
Yin Lin, a sponsor of China Merchants Securities, said that the company has mastered the core technologies of synthetic raw materials for synthetic artificial diamonds, large-scale synthetic equipment, advanced synthetic processes, and the most complete synthetic diamond production enterprises in the industry. The technical advantages are outstanding. Since the company's main core technologies are registered with patents and are protected by law, they are generally not cloned. It is also because of the company's strong core technology advantages that the company achieved good operating results during the reporting period, and the gross profit margin was significantly higher than the industry. After the project is put into production, the normal annual sales income will be 146,979,400 yuan (including tax), the net profit will be 48,306,100 yuan, the pre-tax financial internal rate of return will be 27.54%, the project's pre-tax financial net present value will be 157,738,600 yuan, and the investment payback period will be 6.24. Year (before tax), the post-tax financial internal rate of return of the project is 23.30%, the financial net present value of the project after tax is 11,056,000 yuan, and the investment recovery period is 7.39 years (after tax).
Guo Liuxi said that although China's proportion of synthetic diamond products close to or reaching the international advanced level is constantly improving, China still needs to import some high-end products to meet the domestic market demand every year. China's current import price per unit of diamond is 2.4-7.2 times. In the Japanese market, the unit price of the United States, Ireland, and South Korea is 3-10 times that of China. In the US market, the unit price of Ireland and South Korea is 3.5-4.4 times.
Guo Liuxi admits that the product price is hugely different. On the one hand, because China's diamond products still have gaps with well-known foreign companies, and more important product brand differences, this also shows that there is still room for further improvement in the quality of the national synthetic diamond industry. In the synthetic diamond industry, there are currently some artificial diamond production enterprises with low technical level and small scale. Some enterprises will simply reduce prices as a means of market competition, and the market competition order still needs to be further regulated. In terms of the proportion of high-grade, coarse-grained, and high-toughness diamonds, China still has a large gap with foreign advanced levels. At present, high-end products in the international and domestic markets are still mainly occupied by developed countries. The proportion of high-end products in China is low and there are few famous brands, which is difficult to meet the needs of domestic and foreign markets.
Synthetic diamond industry application basic assembly industry is the tool industry. Synthetic diamond tools are widely used in stone, construction, road, railway, geology, petroleum, airport, machinery, energy, aerospace, electric power, ceramics, electronics, optics, etc. field. Therefore, the rapid development of the downstream synthetic diamond products industry will undoubtedly bring great market opportunities to the upstream synthetic diamond industry.
Guo Liuxi also said that because synthetic diamond is currently mainly used in infrastructure construction, real estate development, building decoration, stone processing and other related industries, the downstream industry's demand for synthetic diamond and its products directly leads to the diamond industry has a certain periodic characteristics. However, with the continuous expansion of the application of diamond products in recent years, the artificial diamond industry has shown signs of weakening periodically.
Guo Liuxi believes that the global manufacturing heart transfer has brought new opportunities for the development of super-hard materials. It is expected that the demand for China's tool market will grow at an average annual rate of over 40% in the next five years. In 2006, China's PCD and PCBN tool market was about 1 billion yuan. By 2010, it will reach 4 billion yuan, and in 2012 it will reach 9 billion yuan. As electronic information and automobile manufacturing are emerging industries that are closely related to the improvement of people's living standards, they have developed rapidly in recent years, driving the demand for new super-hard materials. In 2006, the market demand for high-efficiency superhard precision abrasives in China's electronics, automobiles, home appliances and other industries will reach 4 billion yuan. By 2010, it will reach 11.5 billion yuan. In 2012, it will reach 19.5 billion yuan, with an average annual growth rate of about 30%. According to the statistics of superhard materials network, China's diamond production has reached 4.8 billion carats in 2008, and China has become the world's largest producer of synthetic diamond.

Hickory Hardwood Flooring

Natural hickory flooring is beautiful, stainable, and oh so durable; with proper upkeep, it`ll last decades. For most people though, the draw of hickory flooring is its distinct look among domestic hardwoods.

Natural Hickory Flooring Lightens Rooms
We`ve already covered hickory`s noteworthy grain, but we should also mention its light, natural tones. Hickory offers a decent variety, ranging in hues from a creamy brown to an almost-golden brown.

Hickory Hardwood Flooring Takes Stains and Finishes Super Well
If you`re still not crazy about hickory`s hues, you`re in luck because hickory is known to take stains and finishes extremely well. That means you can have all the benefits of hickory`s gorgeous grain, but in whatever hue you choose.

KelaiWood , https://www.kelaiwoodens.com