Core Viewpoint - The cultivated diamond sector has emerged as a "star track" in the capital market this year, driven by policy benefits and technological breakthroughs, leading to explosive growth and the emergence of several "big bull stocks" [1] Industry Performance - The cultivated diamond sector has seen a significant increase in stock prices, with Wald's stock price rising by 285.02% this year, and a notable increase of 62.91% in November alone [1] - On November 11, multiple stocks in the cultivated diamond sector performed strongly, with Wald's stock price reaching 83.90 CNY per share, marking a more than 70% increase in just five trading days [2] - Five companies in the sector have seen their stock prices double this year, with *ST Yazhen's stock price increasing over seven times [2] Policy Impact - The Ministry of Commerce announced export controls on superhard materials, effective November 8, which is expected to drive domestic cultivated diamond companies to prioritize domestic market needs and accelerate high-value product development [2][3] - This policy is anticipated to provide benefits for 2-3 years, depending on the speed of domestic technological upgrades and the construction of international alternative capacities [3] Company Financials - Wald's revenue for 2022, 2023, and 2024 is projected to be 414 million CNY, 603 million CNY, and 679 million CNY, respectively, with year-on-year growth rates of 45.52% and 12.54% for 2023 and 2024 [5] - Despite revenue growth of 9.05% in the first three quarters of this year, Wald experienced a decline in net profit by 6.67%, indicating a situation of "increased revenue but decreased profit" [5][6] - Wald's operating costs have been increasing, with total operating costs projected at 349 million CNY, 504 million CNY, and 570 million CNY for 2022, 2023, and 2024, respectively [6] Research and Development - Wald is one of the few companies capable of mastering the three major preparation processes of CVD technology, with a focus on high-value products such as diamond film acoustic devices and diamond thermal materials [5] - The company has been increasing its R&D expenses, which are expected to be 32.94 million CNY, 45.67 million CNY, and 51.06 million CNY for 2022, 2023, and 2024, respectively [6] - As of June 2025, Wald holds 360 domestic and international patents, including 106 invention patents [6]

Group 1: Core Insights - The article highlights the innovative models and economic development driven by Shanghai's support in Shache County, Xinjiang, focusing on local employment and industry growth [1][4]. - The establishment of the world's largest MPCVD artificial diamond production base by Carbon Source Material (Xinjiang) Technology Co., Ltd. is a significant development, aiming to reduce reliance on imported high-grade diamonds [2][3]. Group 2: Company Developments - Carbon Source Material has invested in advanced technologies, including high-purity semiconductor gas production lines, contributing to the local high-end new materials industry and achieving an annual output value exceeding 1 billion yuan [3][4]. - The company plans to expand its production capacity significantly, with a second phase aiming for 1,500 to 3,000 production lines, potentially capturing 15% of the global cultivated diamond market [4][8]. Group 3: Employment and Economic Impact - Carbon Source Material is expected to increase its workforce from 80 to 800 employees, primarily local residents, through targeted training programs in collaboration with local educational institutions [8][9]. - The employment initiatives by both Carbon Source Material and Xinjiang Little Bee Agricultural Innovation Development Co., Ltd. are designed to transform local farmers into skilled workers, enhancing income and promoting sustainable development [9][10]. Group 4: Agricultural Innovations - Xinjiang Little Bee Agricultural focuses on deep processing of local agricultural products, such as almonds and walnuts, and has established a complete industrial chain, achieving over 10 million yuan in revenue [6][7]. - The company collaborates with local farmers and cooperatives to enhance product quality and standardization, contributing to the overall improvement of agricultural practices in the region [10][11].

Group 1: Companies Submitting Listing Counseling Reports - Three companies submitted listing counseling reports for domestic issuance from July 21 to July 27 [2][10] - Beijing Yingshiruida Technology Co., Ltd. focuses on integrating advanced cloud computing and AI technologies for environmental monitoring solutions [3][4] - China Electronics Technology Group Corporation's subsidiary, China Electronics Si Yi Technology Co., Ltd., specializes in electronic measurement instruments [5][6] - Green Biotechnology Co., Ltd. is engaged in the research, production, and sales of synthetic fragrances, with notable clients including international giants [8][9] Group 2: Companies with Terminated Counseling Records - Nine companies had their listing counseling records terminated during the same period [12] - Zhaoqing Chuangfu New Materials Technology Co., Ltd. focuses on aluminum alloy templates and has grown with the promotion of prefabricated construction [14] - Anhui Xici Technology Co., Ltd. specializes in magnetic sensors and provides solutions for various industries [15] - Shenzhen Jinxun Technology Co., Ltd. offers smart lighting and wireless audio solutions [16] - Shanghai Keliang Information Technology Co., Ltd. provides simulation testing products for multiple industries [17] - Bojing Ecological Environment Co., Ltd. operates in integrated environmental management services [18] - Shenzhen Zhenghao Innovation Technology Co., Ltd. is a leader in mobile energy storage and clean energy technology [19] - Guangzhou Hanxin Communication Technology Co., Ltd. provides mobile communication network optimization solutions [20] - Anhui Fengyang Glass Co., Ltd. produces high-quality float glass and processed products [21] - Shanghai Zhengshi Technology Co., Ltd. is a multinational high-tech enterprise in the diamond manufacturing sector [22]