On April 15, Nanyang Zhongnan Diamond Co., Ltd. held a groundbreaking ceremony for the high-grade industrial diamond project in Nanyang High-tech Zone. After the project is completed, it will produce 300 million carats of industrial diamonds per year and become the largest annual output of high-grade industrial diamonds in China.
According to the person in charge of Nanyang Zhongnan Diamond Co., the world's high-quality industrial diamond market has a large gap, while the production of high-quality industrial diamonds in the domestic market is extremely small. It is understood that after the completion of the project, the annual output is expected to reach 300 million carats, and the export rate is around 30%.
Nanyang Zhongnan Diamond Co., Ltd. currently has a domestic market share of 45%. This high-grade man-made industrial diamond project will further consolidate Zhongnan's leading position in the industry.
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