SF Diamond(SZ:300179)2025-12-25 10:18Group 1: Company Overview and Business Focus - The company focuses on superhard materials, with a strategic core of "1+N industry layout" based on downstream development trends [2] - The product system includes composite superhard materials, precision diamond tools, and CVD diamond as new growth points [2][3] - Main products are categorized into three types: composite superhard materials for resource extraction/construction, precision processing products, and CVD diamonds [2][3] Group 2: PCD Micro Drill Business - The company has the capability to produce PCD micro drill bits, which are characterized by long lifespan, high processing precision, and good surface finish [4] - The development of the PCD micro drill industry aims to reduce reliance on imported precision and ultra-precision processing tools in high-end manufacturing [4] Group 3: Semiconductor Heat Dissipation Materials - Diamonds are advantageous due to their wide bandgap, high breakdown field strength, and high thermal conductivity, making them suitable for optical windows, chip heatsinks, and semiconductor devices [5] - The company has significant scale advantages in CVD diamond manufacturing and possesses proprietary MPCVD synthesis and processing technology [5] Group 4: Advantages of Self-Developed Equipment - The company’s self-developed equipment significantly reduces procurement costs and mitigates supply uncertainties from external sources [6] - Self-developed equipment aligns better with production needs, enhancing efficiency and adaptability in product processing [6] Group 5: Response to Tariff Uncertainties - In response to uncertainties in U.S. tariffs, the company has implemented multi-faceted measures, including close communication with major U.S. clients and utilizing overseas subsidiaries for shipping [7] - The company is enhancing customer service and localizing sales structures to strengthen client relationships and mitigate external risks [7]