North Industries (SZ:000519)2024-05-30 10:26Group 1: Market and Production Insights - The overall capacity in the industry is expanding, but Zhongnan Diamond has not significantly increased its production capacity [2] - The market share of cultivated diamonds is less than 40%, and the price of industrial diamonds has decreased compared to 2023 [3] - There are no specific plans for the allocation ratio of cultivated diamonds and industrial diamonds; production will be arranged according to market demand changes [3] Group 2: Technology and Future Planning - CVD technology has made good progress, achieving product level but not yet reaching large-scale production [3] - The price of industrial diamonds has decreased compared to 2023, but future demand remains strong despite varying market needs [3] - The company maintains a significant amount of cash on hand for future funding needs in both special equipment and civilian products, which is necessary for risk prevention and stable operations [3] Group 3: Strategic Initiatives - The implementation of an equity incentive plan will depend on the company's overall strategic planning [3]