SF Diamond(300179)2024-11-12 09:05Financial Performance - Revenue for Q3 2024 reached 39,892.44 million yuan [1] - Net profit attributable to shareholders was 9,397.22 million yuan [1] - R&D investment accounted for 11.95% of revenue at 4,768.81 million yuan [2] Strategic Focus - Core strategy revolves around "1+N" pattern in superhard materials industry [1] - Main product categories: superhard materials for resource extraction/engineering, precision machining, and CVD diamond [1] - Focus on high-end petroleum composite sheets with significant market potential [2] Market Trends - Petroleum composite sheets demand expected to recover with global economic rebound [2] - Superhard tool market share increasing due to high-end manufacturing transformation and NEV growth [2] - CVD lab-grown diamond market expanding, especially for large-carat, colored, and fancy-cut diamonds [2] CVD Diamond Project Progress - MPCVD equipment and CVD diamond process successfully validated in 2023 [3] - 700,000-carat functional diamond industrialization project using proprietary technology [3] - Equipment installation began in April 2024, with production starting in May 2024 [3] Future Outlook - Focus on increasing global market share in petroleum composite sheets [3] - Targeting complex superhard tools for precision and high-speed machining [3] - Prioritizing large-carat, colored lab-grown diamonds and overseas markets for CVD diamond business [3] - Transitioning CVD diamond business from capacity building to performance contribution phase [3]