证券日报网1月21日讯 ，沃尔德在接受调研者提问时表示，公司与客户合作均基于正常的商业逻辑和业 务需求，遵循市场化原则，按照规范的商业流程开展，公司具体客户、订单及测试信息属于商业保密范 畴，未经客户许可公司不便讨论具体客户名称及业务开展情况，如涉及应披露的重大业务合作，公司均 会依据相关法律法规及时履行审议程序并及时披露。 （编辑 王雪儿） ...

Core Viewpoint - The company, World, is focusing on the future development of diamond micro-drills primarily for PCB board and semiconductor applications, particularly in the processing of holes in high-hardness brittle materials [1] Group 1: Semiconductor Applications - The company has achieved a certain leading advantage in the processing of holes in high-hardness brittle materials for semiconductor applications [1] - The product range, application cases, and revenue scale in this area are gradually increasing [1] Group 2: PCB Board Applications - The processing of holes in PCB boards is identified as a key downstream industry for the company's future development [1] - Currently, this area is still in the research and validation stage and has not yet generated operating revenue [1] - There is significant uncertainty regarding its potential contribution to the company's operating performance in the future [1]

Group 1 - The company has introduced an incentive plan that includes two types of stock incentives: restricted stock and stock appreciation rights [1] - A total of 1.5 million shares of restricted stock will be granted, with 1.3021 million shares awarded initially to 189 individuals [1] - The stock appreciation rights consist of 137,500 units, awarded to 11 individuals [1] Group 2 - The incentive plan includes performance assessments at both the company and business unit levels, focusing on specific metrics in R&D, new product development, and market expansion [1] - Key personnel targeted for this incentive include those involved in the development of new products such as diamond micro-drills, aerospace processing tools, and liquid cooling plates [1] - The plan emphasizes the importance of quantifying performance requirements for various departments, including project and business units [1]

Core Viewpoint - The company is in the process of internal validation for its PCB board technology, specifically for the M9 model, which shows promising initial results but faces challenges in scaling and cost control [1] Group 1: Internal Validation Process - The company reported that during internal validation, it achieved over 8000 hole processes on a PCB board with a thickness of 3.5mm and a diamond micro-drill diameter of 0.25mm [1] - These results are preliminary and indicate potential but require further verification regarding process matching and stability [1] Group 2: Product Development and Market Uncertainty - The company needs to develop corresponding products tailored to various PCB board structures and thicknesses, emphasizing the importance of ongoing optimization [1] - There is significant uncertainty regarding the ability to achieve scalable revenue in the PCB hole processing sector, which is contingent on industry development and market conditions [1]

Core Viewpoint - The company is focusing on the development of diamond micro-drill projects primarily for PCB and semiconductor applications, with significant advancements in the semiconductor sector but uncertainty in the PCB sector's revenue potential [1][3][4]. Group 1: Diamond Micro-Drill Project Development - The future direction of the diamond micro-drill project includes high-hardness brittle material processing for PCB and semiconductor applications, with the semiconductor sector showing industry-leading advantages and increasing revenue [1][3]. - The PCB processing area is a key focus for future development, currently in the R&D validation stage, and has not yet generated revenue, leading to significant uncertainty regarding its future contribution to performance [1][3][4]. - Internal validation for PCB processing indicates the potential to achieve over 8000 holes processed using a specific configuration, but further challenges in process matching, cost control, and scalability remain [4]. Group 2: Diamond Functional Materials - The company is exploring diamond functional materials as a second growth curve, with ongoing research in sound, light, electricity, and heat applications, although current revenue from these products is minimal [2][6]. - The company has established several R&D platforms for CVD diamond preparation and application, positioning itself as one of the few companies capable of mastering the CVD diamond growth technology [6][7]. Group 3: Employee Incentive Plan - The company has introduced an employee incentive plan involving 1.5 million restricted stock units and stock appreciation rights, aimed at motivating R&D, production, and sales personnel [2][7]. - The incentive plan includes quantitative assessments at both company and business unit levels, focusing on new products such as diamond micro-drills and aerospace processing tools [7].

针对上述提问，沃尔德回应称："尊敬的投资者，您好！ 公司海外业务覆盖欧洲、北美等多个国家和地 区。公司未披露关于欧盟地区业务收入的具体占比。公司在德国、墨西哥设立子公司开展海外市场业 务，销售采用多元化渠道模式。 感谢您对公司的关注！" 声明：市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 有投资者在互动平台向沃尔德提问："请问公司近年是否存在向欧盟成员国出口或销售的相关业务？如 有，欧盟地区业务收入在公司整体营业收入中的占比大致为多少？此外，公司对欧盟市场的销售主要通 过哪种方式实现？是以境内主体直接向欧盟客户出口为主，还是通过在欧盟国家设立的子公司进行销 售，或通过第三方贸易商、代理商转销至欧盟市场？" 本文源自：市场资讯 作者：公告君 ...

每经AI快讯，1月21日，培育钻石指数盘初跌2%，主要成分股普遍走低。其中，四方达跌4.20%，黄河 旋风跌3.69%，惠丰钻石跌2.51%，力量钻石跌1.38%，沃尔德跌1%。 （文章来源：每日经济新闻） ...

Group 1 - Wald Diamond Tools Co., Ltd. experienced a decline of 5.02% on January 15, with a stock price of 69.30 CNY per share, a trading volume of 353 million CNY, a turnover rate of 3.27%, and a total market capitalization of 10.461 billion CNY [1] - The company, established on August 31, 2006, and listed on July 22, 2019, specializes in the research, production, and sales of ultra-high precision and high precision superhard tools and superhard material products [1] - The revenue composition of Wald includes superhard tools at 78.59%, cemented carbide tools at 14.31%, superhard materials at 5.72%, and others at 1.38% [1] Group 2 - The Huatai Fund's ETF, Huatai Zhongzheng 2000 ETF (159536), holds 3,934 shares of Wald, representing 0.36% of the fund's net value, making it the second-largest holding [2] - The fund, established on September 13, 2023, has a latest scale of 53.8093 million CNY, with a year-to-date return of 7.01% and a one-year return of 49.33% [2] - The fund manager, Sun Hao, has been in position for 2 years and 141 days, with a total asset scale of 24.248 billion CNY and a best return of 157.99% during his tenure [3]

Core Viewpoint - The company has established a stock incentive plan that outlines the procedures for changes and termination, as well as the conditions under which the plan may be invalidated or modified [1][2][3]. Summary by Sections Incentive Plan Changes and Termination - The incentive plan can be changed before shareholder approval with recommendations from the compensation committee, and any changes after approval must also be submitted for shareholder review [1]. - If the plan is to be terminated before shareholder approval, it requires board approval and must be disclosed [2]. Conditions for Termination - The incentive plan will be terminated if certain conditions occur, such as receiving a negative audit opinion on financial reports or failing to distribute profits according to legal and company regulations [3][5]. Handling of Corporate Changes - The incentive plan remains effective during corporate mergers or changes in control, but may be invalidated if there are significant legal or ethical violations by the incentive recipients [4][5]. Treatment of Incentive Recipients - If an incentive recipient changes positions within the company, their granted stock will still be processed according to the plan, but reductions in stock due to demotion will not be granted [6]. - Recipients who leave the company under certain conditions will have their unvested stocks invalidated [8][9]. Accounting and Performance Impact - The company plans to grant 1.5 million shares of restricted stock, with an estimated total equity expense of 48.005 million yuan, which will be recognized over the vesting period [16]. - The incentive plan is expected to positively impact the company's long-term performance by motivating key employees and improving operational efficiency [17]. Shareholder Meeting Details - The company will hold its first extraordinary shareholder meeting on January 28, 2026, to discuss the incentive plan and other related matters [18][19].

每经头条（nbdtoutiao）——年产量是传统大田120倍以上，1个人管理1栋楼！实探中国"植物工厂"：水 稻生产期从120天减到60天，没有虫害不用打农药 每经AI快讯，沃尔德1月12日晚间发布公告称，本激励计划涉及的首次授予激励对象共计189人，拟授 出权益涉及的标的股票来源及种类本激励计划涉及的标的股票来源为公司向激励对象定向发行的本公司 人民币A 股普通股股票；拟授予激励对象的限制性股票数量为150万股，约占本激励计划草案公布日公 司股本总额约1.51亿股的0.99%；首次授予限制性股票的授予价格为每股35元，即满足授予条件和归属 条件后，激励对象可以每股35元的价格购买公司股票，的有效期为自限制性股票授予日起至激励对象获 授的限制性股票全部归属或作废失效之日止，最长不超过48个月。 （记者 曾健辉） ...