HNLL Diamond Technology Group, a manufacturer of diamond spinels, ultra-fine diamond single crystals, and diamond micropowders for Diamond cutting Wire/Diamond Wire Sawing, intends to publicly issue no more than 15.09 million RMB common stocks to the public. After deducting the issuance costs, the following projects will be invested in the order of priority: Baojing New Material Industrial Diamond and Synthetic Diamond Intelligent Chemical Factory Construction Project (51,599,100 yuan), R&D Center Construction Project (total investment of 45,492,300 yuan). Raised funds to invest. Another 30 million yuan to supplement working capital. The total investment of this fundraising project is 591,491,400 yuan.
HNLL is a high-tech enterprise specializing in the research and development, production and sales of synthetic diamond products. Its main products include diamond single crystals, diamond micropowders and cultivated diamonds. The company’s products have strong competitive advantages in terms of grade, stability, and process applicability. The company’s micropowder for online saws and special shaped octahedral diamond spinels for super-finishing IC chips, ultra-fine diamond single crystals, high-grade large particles Cultivate diamonds and other special diamond product segments with leading advantages.