PDC cutters for geology and mining series have high abrasion resistance and impact resistance through adopting advanced international technology. Meanwhile we have improved the structure of interface combination between polycrystalline diamond layer and tungsten carbide substrate which can improve the distribution of stress and make the interface firm and steady. So this series of production are reliable, durable for years while high cost -effective
Geological Exploration,High-End Pdc Cutter,Pdc Cutters For Minining,High Abrasion Resistance Pdc Cutter HENAN YALONG DIAMOND TOOLS CO.,LTD , https://www.pdcpcbncutter.com
From January to December 2010, the company achieved operating income of 822 million yuan, a year-on-year increase of 37.29%; operating profit of 77.4 million yuan, an increase of 153.05%; net profit attributable to the parent company of 63.24 million yuan, an increase of 187.98%; The stock's return was 0.24 yuan, and the company's performance growth rate was in line with our previous expectations. The company's performance growth rate is in line with our expectations. The company is a leading enterprise in the domestic super-hard materials and products industry. Its main business is synthetic diamond, synthetic diamond abrasive grinding and other diamond products, building decoration grinding tools and so on. Among them, sales of super-hard materials increased by 33.57% year-on-year to 614 million yuan, accounting for 74.73% of revenue. As the core business of the company, the release of capacity of super-hard materials and the substantial increase in revenue are the main reasons for the company's performance this year. The compound annual growth rate of the synthetic diamond market of more than 15% per year is the guarantee for the company's steady growth in revenue in the next few years. New projects are the main growth point for the company's performance. The company's non-public offering plan has been approved by the China Securities Regulatory Commission, and will be completed in April. The two new projects of the project (with an annual output of 12 million superhard composite materials and an annual output of 12,000 tons of alloy powder) have been constructed first, and small batch production has begun. In 2010, the company's super-hard composite materials and metal powder achieved sales revenue of 37.26 million yuan and 57.42 million yuan, respectively, an increase of 111.68% and 102.05%. After the two projects are fully operational, they are expected to contribute 1.2 billion yuan in operating income to the company, and the gross profit margin can be raised to about 40%, which will become the main growth point of the company's performance. Improve the chain of super-hard materials industry and seek space for profit growth. The company insists on diamond-based industry, super-hard composite materials as the development direction of the secondary business, and the overall strategic thinking is clear. The new project will enable the company to expand the sales revenue of super-hard composite materials and metal powder, which will help the company to improve the chain of super-hard materials industry. The new project will be higher than the current gross profit margin of the main business, and will also enhance the company's profitability. Financial costs will be reduced after the non-public offering. The company's expense rate during the period was as high as 21.14%, mainly because the financing relied solely on bank loans, and the company's financial expense ratio has remained above 7%. After the non-public issuance, the company's financial costs will be significantly reduced, and profitability will be further improved.