1月27日，A股三大指数下探回升，午后创业板指领涨。板块上，培育钻石指数大爆发，四方达涨超 14%，黄河旋风涨停，惠丰钻石、力量钻石、国机精工涨超5%领涨。 （声明：文章内容仅供参考，不构成投资建议。投资者据此操作，风险自担。） 消息面上，近期西安电子科技大学郝跃院士、张进成教授团队与中国科学院国家空间科学中心合作，成 功研制出高性能单晶金刚石辐射探测器，显著提升了电极键合可靠性、辐射耐受性和高温工作稳定性， 为突破深空环境下的性能瓶颈提供了创新路径。 中原证券研报认为，随着技术不断演进突破，功能性金刚石在半导体、军工、光学等领域也初步显露出 实用化趋势，其产业化序幕正徐徐拉开。 ...

Group 1: Functional Diamond Products - The company focuses on the research and development of diamond products, particularly in the CVD diamond sector, with proprietary MPCVD synthesis and processing equipment [2][3] - High-quality large-size ultra-pure diamonds are applicable in jewelry, precision tools, optical windows, CVD chip heat sinks, and semiconductor devices [2][3] - The company plans to increase R&D investment in functional diamonds and accelerate technological breakthroughs in optical windows, chip heat sinks, and semiconductor devices [3] Group 2: PCD Micro Drill Progress - The PCD micro drill bits produced by the company are characterized by long lifespan, high processing precision, and good surface finish [4] - The development of PCD micro drills aims to reduce domestic high-end manufacturing reliance on imported precision tools, with ongoing exploration of applications in PCB manufacturing [4] Group 3: Diamond Heat Dissipation - Diamonds possess a wide bandgap, high breakdown field strength, and high thermal conductivity, making them suitable for optical windows, chip heat sinks, and semiconductor devices [5] - The company is a leading domestic CVD diamond manufacturer with the capability to produce large-size (12-inch) diamond substrates and films in bulk [5] Group 4: Market Trends - Domestic oil and gas consumption is expected to grow due to the recovery of the Chinese economy, with a positive outlook for the oilfield service market [6] - The demand for precision machining tools is increasing as high-end manufacturing and the electric vehicle sector grow, leading to a higher market share for superhard tools [6] - The CVD diamond market is accelerating, with ongoing research into diamond materials and applications, leading to the emergence of more functional applications [6]

Market Overview - High dividend assets strengthened, with the coal sector leading the gains, while banking, electricity, and transportation sectors also performed actively [1] - As of the morning close, the Shanghai Composite Index fell by 0.09%, the Shenzhen Component Index decreased by 0.19%, and the ChiNext Index dropped by 0.5% [1] Individual Stock Performance - Hai Xin Food (002702) hit the daily limit, marking its sixth consecutive rise, with the company confirming no major changes in its fundamentals [2] - Tianpu Co. (605255) resumed trading and saw a morning increase of 7.12%, after a significant rise of 451.8% from August 22 to November 27, indicating potential trading risks [4] - Xin Ke Materials (600255) initially dropped over 1% but then surged to hit the daily limit, with over 740,000 shares still on the limit order at midday [4] Cultivated Diamond Sector - The cultivated diamond sector saw significant gains, with stocks like Sifangda (300179) and Huifeng Diamond rising sharply [7] - The cultivated diamond industry conference is set to take place on December 5-6, 2025, in Zhengzhou, aiming to establish a comprehensive service ecosystem and sign key projects with a total investment of no less than 15 billion [11] - The cultivated diamond sector has been active this year, driven by technological breakthroughs and new application scenarios, particularly in high-function materials for strategic industries [11] Industry Insights - Traditional superhard product demand is under pressure, but ongoing technological advancements in functional diamond materials are opening new growth opportunities [12] - Diamond/copper composite materials for high-end chip cooling are seen as a key development direction, with increasing recognition from downstream customers [12]

Group 1: Investor Relations Activities - The company participated in the "2025 Investor Online Reception Day" organized by the Henan Securities Regulatory Bureau and other associations on May 22, 2025 [3] - The event was held on the investor relations interactive platform [3] - Attendees included the company's board secretary and securities representative [3] Group 2: Industry Position and Innovation - The company aims to maintain its leading position through continuous technological innovation and product upgrades [5] - Future plans include benchmarking against top-tier companies and enhancing external collaborations [5] - R&D investment accounted for 10.06% of revenue in 2024, focusing on CVD diamond semiconductor applications and nano-level powder technology [7] Group 3: Core Competitiveness - The company's core competitiveness lies in ongoing technical research, product innovation, and refined management to enhance product quality and brand image [6] - The sales revenue of diamond micro-powder and diamond crushing materials decreased by 51.80% and 76.02% respectively, while other business revenues increased by 10.39% due to expanded sales efforts [7] Group 4: Market Expansion Strategies - The company primarily focuses on the domestic market, with a relatively small overseas market share [8] - In 2024, the sales team actively participated in domestic and international exhibitions to enhance brand visibility [9] Group 5: Financial Performance and Shareholder Relations - In 2024, the company reported a significant decline in performance, impacting shareholder returns [10] - The company plans to balance shareholder interests with business development through dividends and other actions [10] Group 6: Cost Reduction and Efficiency Improvement - Specific measures taken in 2024 included optimizing production processes and reducing unnecessary expenditures [10] - The company aims to enhance operational efficiency and manage costs effectively in the future [10]