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Henan Sifangda Superhard Materials Co., Ltd. plans to issue 20 million shares, and the total share capital after the issuance is 80 million shares. The funds raised in this issuance are intended to be invested in: high-tech industrialization projects for composite super-hard materials, composite super-hard materials products projects, composite super-hard materials and product R&D center projects and other working capital related to the main business. The funds totaled 181 million yuan.
Introduction: Henan Sifangda Superhard Material Co., Ltd. (formerly Henan Sifang Superhard Material Co., Ltd.) was founded in 1997. It is a high-tech enterprise specializing in the production of polycrystalline diamond (PCD) and related products. The company aims to provide high-quality PCD materials to fully meet the individual needs of customers, relying on strong research and development capabilities.
It is well-known at home and abroad for its excellent product quality, stable performance, best cost performance and perfect service.
Sifangda PCD is made of advanced high temperature-ultra-high pressure process. It uses catalyst metal as binder and selects high-quality diamond to make full bond between diamond particles and form diamond skeleton in PCD, so that it has natural diamond. Hardness, thermal conductivity and wear resistance: At the same time, diamond particles are randomly arranged and non-directional, so their strength is much better than natural diamond. The Sifangda PCD series is an ideal replacement tool for natural diamonds and hard alloys. Sifangda PCD is widely used in oil drilling and mining; wire and cable; cutting of wood, ceramics, metals and other materials. Henan Sifangda is the only PCD manufacturer in China with a complete production line and a world-class product. Our products are not only sold well in China, but also exported to more than 40 countries and regions such as Europe, America, Africa and Southeast Asia.
Henan Sifangda super hard material initial application approved
At the 21st working meeting of 2010 held by the Securities and Futures Commission of the China Securities Regulatory Commission on April 23, the first application of Henan Sifangda Superhard Materials Co., Ltd. was approved.