Yu Diamond: net profit of 20.91 million in the first quarter increased by 31%

Abstract In the first quarter of 2015, Yu Diamond achieved operating income of RMB 156,818,536.38, an increase of 24.93% over the same period of the previous year; net profit attributable to common shareholders of listed companies was RMB 20,909,662.25, an increase of 3 over the same period of the previous year...
In the first quarter of 2015, Yu Diamond achieved operating income of RMB 156,818,536.38, an increase of 24.93% over the same period of the previous year; net profit attributable to ordinary shareholders of listed companies was RMB 20,909,662.25, an increase of 31.04% over the same period of the previous year.

Major accounting data and financial indicators

Progress of the company's major research and development projects for diamonds and products
1. During the reporting period, the company strengthened technological innovation, optimized product structure, and focused on the development of differentiated high-end products such as micron diamond wire, large single crystal, diamond micropowder, and deepened the value of industrial chain products to accelerate the transformation of its advantages.

2. In the first quarter of 2015, the company strengthened its analysis and research on market information and increased market expansion at home and abroad. The company's joint subsidiaries participated in the Bangalore International Machine Tool Exhibition in India and the 15th Xiamen International Stone Exhibition, which fully demonstrated the company's high-end technology and cutting-edge products, enhanced the popularity and influence of Huajing brand, and expanded the trade channel for the company. And to expand market share has laid a solid foundation.

3. Accelerate the construction of the project with the help of the capital market platform. On March 25, 2015, the company's non-public offering of shares was reviewed by the China Securities Regulatory Commission's GEM Issuance Review Committee. The smooth progress of refinancing work was to further optimize the product structure and strategic layout, solve the company's capacity bottleneck, and accelerate the construction of investment projects. solid foundation. At the same time, the company constantly explores the target of coordinated development and promotes the company's industrial integration through the implementation of capital strategy.



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