Core Viewpoint - The company has the capability to produce PCD micro drill bits, which are characterized by long lifespan, high processing precision, and good surface finish [1] Group 1 - The company confirmed its ability to manufacture PCD micro drill bits [1] - The PCD micro drill bits produced by the company have notable features such as longevity, high precision, and excellent surface quality [1] - The company advises that information regarding product performance should be based on publicly disclosed data [1]

Core Viewpoint - The company, Sifangda, is a leading domestic manufacturer of CVD diamond with significant equipment scale advantages and possesses proprietary MPCVD equipment technology and CVD diamond growth process technology [2] Company Summary - Sifangda has a clear competitive edge in the CVD diamond manufacturing sector due to its advanced equipment and technology [2] - The company emphasizes its ownership of independent intellectual property rights related to its manufacturing processes [2] Industry Summary - The CVD diamond industry is characterized by technological advancements and the importance of proprietary technologies for competitive positioning [2] - The domestic market for CVD diamonds is growing, with companies like Sifangda leading the way in innovation and production capabilities [2]

证券日报网讯四方达（300179）11月14日在互动平台回答投资者提问时表示，公司的PCD微钻的钻针部 分为聚晶金刚石，钻针和针体主要采用焊接工艺连接。 ...

格隆汇11月14日丨四方达(300179.SZ)在投资者互动平台表示，公司的PCD微钻的钻针部分为聚晶金刚 石，钻针和针体主要采用焊接工艺连接。 ...

Group 1 - The company Sifangda (300179.SZ) has indicated that its related products include polycrystalline diamond tools and polycrystalline diamond micro-drills [1]

Core Viewpoint - The company, Sifangda, has significant advantages in the production of large-sized diamond heat sinks, particularly with its proprietary MPCVD equipment technology and CVD diamond growth process [2] Group 1: Company Technology and Capabilities - The company possesses independent intellectual property rights for MPCVD equipment technology and CVD diamond growth process technology [2] - The company has the capability to mass-produce large-sized (12-inch) diamond substrates and films [2] Group 2: Market Position - The company is recognized as a leading CVD diamond manufacturer in terms of equipment scale in China [2]

Group 1 - The stock price of Sifangda fell by 5.03%, reaching 17.19 CNY per share, with a trading volume of 478 million CNY and a turnover rate of 7.26%, resulting in a total market capitalization of 8.35 billion CNY [1] - Sifangda, established on March 5, 1997, and listed on February 15, 2011, is located in the Zhengzhou area of the Henan Free Trade Zone. The company specializes in the research, production, and sales of superhard materials and related products [1] - The main business revenue composition of Sifangda includes resource extraction/engineering construction at 60.34%, precision processing at 30.20%, and others at 9.46% [1] Group 2 - Among the top ten circulating shareholders of Sifangda, a fund under the Fortune Fund ranks first. The Fortune Growth Mixed Fund (161040) entered the top ten circulating shareholders in the third quarter, holding 2.3621 million shares, which accounts for 0.63% of the circulating shares [2] - The Fortune Growth Mixed Fund (161040) was established on July 14, 2020, with a latest scale of 1.224 billion CNY. Year-to-date returns are 48.51%, ranking 1197 out of 8140 in its category; the one-year return is 44.66%, ranking 900 out of 8056; and since inception, the return is 70.77% [2] Group 3 - The fund manager of the Fortune Growth Mixed Fund (161040) is Cao Jin, who has a cumulative tenure of 12 years and 212 days. The total asset scale of the fund is 13.173 billion CNY, with the best fund return during his tenure being 375.6% and the worst being 6.15% [3]

New Stock Issuance - Cash option declaration period for Hangzhou Steam Turbine (200771) is from November 19 to November 25, 2025[1] - Acquisition request period for Hailianxun (300277) is from November 12 to November 18, 2025[1] Trading Alerts - Severe abnormal fluctuation reported for Haike Xinyuan (301292) on November 11, 2025[1] - Abnormal fluctuation noted for ST Yuancheng (603388) on November 11, 2025[1] Company Announcements - Announcement for Tianji Co., Ltd. (002759) on November 13, 2025[1] - Announcement for Huatong Technology (688109) on November 13, 2025[1] Other Notable Events - ST Meigu (000615) reported on November 13, 2025[1] - ST Zhongdi (000609) reported on November 13, 2025[1]

Group 1 - The core point of the news is that Sifangda's stock price increased by 5.77%, reaching 18.50 CNY per share, with a trading volume of 1.118 billion CNY and a turnover rate of 17.00%, resulting in a total market capitalization of 8.986 billion CNY [1] - Sifangda, established on March 5, 1997, and listed on February 15, 2011, is located in the Zhengzhou area of the Henan Free Trade Zone and specializes in the research, production, and sales of superhard materials and related products [1] - The company's main business revenue composition includes resource extraction/engineering construction at 60.34%, precision processing at 30.20%, and others at 9.46% [1] Group 2 - Among Sifangda's top ten circulating shareholders, a fund under the Fortune Fund ranks as a new entrant, holding 2.3621 million shares, which accounts for 0.63% of the circulating shares, with an estimated floating profit of approximately 2.3858 million CNY [2] - The Fortune Growth Mixed Fund (161040), established on July 14, 2020, has a latest scale of 1.224 billion CNY, with a year-to-date return of 47.4%, ranking 1101 out of 8145 in its category, and a one-year return of 45.62%, ranking 720 out of 8059 [2] - The fund manager, Cao Jin, has a tenure of 12 years and 211 days, managing total assets of 13.173 billion CNY, with the best fund return during his tenure being 377.9% and the worst being 6.15% [2]

Core Viewpoint - The company emphasizes the advantages of its PCD micro-drills, including long lifespan, high processing precision, and good surface finish, which can reduce the reliance of domestic high-end manufacturing on imported precision and ultra-precision processing tools [1] Group 1: PCD Micro-Drills - The company produces PCD micro-drills that are characterized by their long lifespan, high processing precision, and good surface finish [1] - The development of the PCD micro-drill industry is expected to gradually decrease the dependence of domestic high-end manufacturing on imported tools [1] - The company will continue to monitor the application directions of PCD micro-drills in relevant high-end manufacturing fields [1] Group 2: Heat Dissipation Materials - The company has the capability to mass-produce large-size (12-inch) diamond substrates and films [1] - Diamonds are noted for their high thermal conductivity, making them suitable for applications such as chip heat sinks [1] - The company will keep an eye on market opportunities related to heat dissipation materials [1]