SINOMACH-PI(SZ:002046)2025-10-24 08:10Group 1: Diamond Applications - Diamond has excellent thermal conductivity, and its application in heat dissipation is gaining attention due to the increasing demand from high-power devices and high-performance chips. The commercialization prospects are bright, with expected rapid development in the coming years [2]. - The company's diamond functional applications mainly include diamond heat sinks and optical window pieces, with projected sales revenue exceeding 10 million yuan this year, all from non-civilian sectors [2]. Group 2: Manufacturing Techniques - The company has focused on microwave plasma chemical vapor deposition (MPCVD) since 2015 and currently has no plans to invest in the hot wire method for diamond production. However, it will monitor advancements in this area for potential future investment [2]. - MPCVD offers high quality and strong compatibility, allowing for a wide range of compatible products, such as optical window pieces [2]. Group 3: Superhard Materials Business - The revenue from the superhard materials business in 2024 is expected to be around 580 million yuan, with applications in both semiconductor and non-semiconductor fields (automotive, refrigeration, LED, tooling, etc.) [3]. - There is significant potential for domestic substitution in the semiconductor sector, driven by the expansion of domestic chip production capacity and improvements in product performance [3]. Group 4: Robotics and Aerospace - The company has included robotic bearings in its "14th Five-Year" business plan, focusing on high-value-added products like crossed roller bearings and thin-walled bearings, although no direct business relationships with humanoid robot companies have been established yet [3]. - The company holds over 90% market share in domestic aerospace bearings, with products used in rocket fuel turbine pump bearings and satellite components. The development of commercial aerospace is expected to create new business growth opportunities [3]. Group 5: Export Control Policy - The company believes that the recent export control policy will have minimal impact on its operations [3].