SF Diamond(SZ:300179) Zheng Quan Zhi Xing·2025-05-12 08:41Core Viewpoint - The company held an annual performance briefing on May 9, 2025, to discuss its financial results and future strategies, highlighting its focus on superhard materials and their applications in various industries [1][2]. Financial Performance - In the fiscal year 2024, the company achieved a revenue of 524.99 million yuan and a net profit attributable to shareholders of 117.61 million yuan. For the first quarter of 2025, the revenue was 131.27 million yuan with a net profit of 34.16 million yuan [3][14]. - The net profit for the first quarter of 2025 increased by 24.14% compared to the same period last year [10][14]. Product Applications - The company's superhard materials are strategically important for oil and gas extraction, with products demonstrating excellent performance in complex geological conditions [4]. - The diamond composite pieces used in mining applications are relevant due to the rising international gold prices [5]. - The superhard tools are applicable in high-precision manufacturing sectors such as automotive, aerospace, and electronics [6]. Industry Outlook - The demand for oil and gas extraction products is expected to remain stable in China, driven by economic growth, while overseas markets face uncertainties [7]. - The precision machining sector is anticipated to grow due to the transformation of high-end manufacturing and the rapid expansion of the new energy vehicle market [7]. Competitive Strategy - The company plans to enhance its market competitiveness by optimizing product strategies in oil and gas drilling and automotive manufacturing, while also focusing on R&D efficiency [8]. - The company aims to explore new growth opportunities through a "1+N industry" strategy, targeting multiple downstream applications [11]. Research and Development - The company has invested significantly in R&D, with 62.48 million yuan allocated in 2024, representing 11.90% of its revenue [14]. - The focus on CVD diamond technology is a key strategic direction, with ongoing efforts to enhance its applications in high-end manufacturing [13]. Collaboration and Partnerships - The company has established a strategic partnership with Huixin Communication to advance its functional diamond business, which is crucial for its growth strategy [12].