On February 27th, Yu Diamond (300064) released a performance report. The company achieved operating income of 1.533 billion yuan from January to December 2017, an increase of 58.93% over the same period of last year. The average operating income of the general equipment industry grew by 29.50%; it was attributed to shareholders of listed companies. The net profit was 249 million yuan, an increase of 81.32% year-on-year, and the average net profit growth rate of the general equipment industry was 16.80%. The company said that during the reporting period, the company achieved operating income of 1,532,773,223.28 yuan, an increase of 58.93% over the same period of the previous year; operating profit of 277,712,788.39 yuan, an increase of 72.68% over the same period of last year; total profit of 274,100,983.92 yuan, an increase of 65.90% over the same period of last year; The net profit of shareholders of listed companies was 249,430,312.35 yuan, an increase of 81.32% over the same period of the previous year. The main reason is that the company has carried out various tasks in an orderly manner around the business plan formulated at the beginning of the year, which is embodied in the following aspects: (1) During the reporting period, the company focused on the main industry to continue to grow bigger and stronger. On the one hand, the company vigorously promoted the construction of gem-quality diamond projects, strengthened supervision and management of fundraising projects, and accelerated the progress of project implementation. As of the end of 2017, some of the equipment in Phase I of the project has been put into operation; part of the construction of the second phase has been completed. On the other hand, demand for synthetic diamond single crystals has picked up, and prices of some products have risen steadily, and profitability has further increased. At the same time, the company has tapped the potential of ultra-hard materials and integrated resources to achieve certain results. The company's main business maintained steady growth. (2) The company adheres to innovation-driven, market-oriented, strengthens cooperation with research institutes, universities and colleges, further deepens the application research of new materials, and increases research and development investment and market layout for super-hard materials emerging industries and consumption. Business development is in good condition. In addition, based on the improvement of core competitiveness, the company has continuously improved its management and management capabilities, and its effectiveness in terms of talent management, target management and project refinement operations has effectively supported the company's profitability and business performance.
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