SINOMACH-PI(SZ:002046)2025-09-16 08:22Group 1: Diamond Applications - Diamond has excellent heat dissipation properties, but cost issues limit its functional applications. As high-power devices and high-performance chips develop, the demand for diamond as a heat dissipation material may increase [1] - The industry has introduced diamond-copper composite materials, which have heat dissipation performance between copper and diamond but at a lower cost, showing good application prospects. The company has successfully developed diamond-copper products and is currently promoting them in the market [1] Group 2: Industry Challenges - The main challenge for the industrialization of diamond heat dissipation products is cost, which restricts the expansion of application scenarios. Currently, the industrialization of diamond heat dissipation applications is in its early stages, with demand expected to gradually open up [1] Group 3: Aerospace Sector Impact - The company holds over 90% market share in the domestic aerospace bearing sector, with products including rocket fuel turbine pump bearings and satellite momentum wheel bearing components. The development of commercial aerospace will provide new business growth opportunities for the company [2] Group 4: Business Performance - The recovery of special bearing product business volume is below expectations, while wind power bearings are growing rapidly. The relocation to a new industrial park is expected to enhance capacity and support more business [2] - In 2024, the revenue from superhard grinding tools is projected to be around 580 million yuan, with downstream applications in both semiconductor and non-semiconductor fields. Products for the semiconductor sector have seen significant growth in recent years [2]