Mini Tape Measure,Soft Tape Measure,Dieting Measuring Tape,Multi Colors Tape Measure Yucheng Weisite Measuring Tools Co., Ltd , https://www.wsttool.com
year. The project internal financial internal rate of return is 45.2%, the total investment yield is 28.2%, and the net capital profit rate is 66.9%, which has good profitability.
Yu Diamond: 637 million yuan to build an annual production of 1 billion carats
Yu Diamond (300064, shares it) (300064) announced that the company's board of directors decided to invest in the construction of an annual output of 1.02 billion carats of high-grade diamond projects based on the growing trend of the synthetic diamond market and the company's supply shortage. The total investment of the project is 637 million yuan, and the construction period is 2 years. The investment use plan is arranged according to the characteristics of the project and the progress of the project implementation. It is expected to start trial production in March 2013 and reach production in 2014. The project will be implemented after the shareholders' meeting is passed. According to reports, synthetic diamond tools are widely used in various fields of national economy such as stone, construction, road, railway, geology, petroleum, airport, machinery, energy, aerospace, electric power, ceramics, electronics, optics. It is estimated that the domestic market demand will reach 20 billion carats in 2013, and the market demand for high-grade diamonds accounts for about 60% of the total market. The announcement said that the project will use the new HJ-6 type synthetic diamond special equipment to build a synthetic diamond production line, using the most advanced synthetic technology and new raw and auxiliary materials with patented technology. Its comprehensive technology is at the domestic leading level and international advanced level. Has a significant competitive advantage. The high-grade output rate of the company's products has increased significantly, from 30% of the industry's advanced level to more than 50% of the international advanced level, greatly improving economic efficiency and replacing imports. Production costs are about 20% lower than domestic traditional processes. After the completion of the project, the company's new high-grade synthetic diamond production will reach 1.02 billion carats, which will become the production and export base of high-grade diamonds in China. The internationally advanced high-grade diamond products have strong international competitiveness. In addition, the project relies on the only national superhard material industry base located in Zhengzhou. By taking advantage of the public technology service platform and industrial clusters within the base, the project can give full play to the technological and talent advantages of the company's national enterprise technology center and national accredited laboratories. Guarantee companies are always at the forefront of technological innovation. The company estimates that after the completion of the project, the annual sales revenue will increase by 496 million yuan, and the annual average net profit after tax will be 145 million yuan. The project internal financial income rate before taxation is 32.6%, and the investment recovery period is 4.6.