Yu Diamond announced on Tuesday that it intends to cooperate with Meijing Technology in cash contribution to expand the production capacity and scale of the synthetic monocrystalline single crystal project. According to the agreement signed by the two parties, the share of Yu Diamond Cooperation Project is not less than 51%; Meijing Technology invests in tangible and intangible assets such as existing equipment, personnel and technology to cooperate with the company and obtain returns. Yu Diamond said that this cooperation will help it further enrich its product structure, enhance its profitability and enhance its core competitiveness in the field of synthetic diamonds. However, the matter is still in the planning stage and cooperation has certain uncertainties. According to the data, Jiaozuo Meijing Technology is a company that produces and sells metal materials, powders and products, diamond products, abrasive products, cubic boron nitride superhard tool materials and auxiliary tools. Sales of synthetic diamonds and large single crystals.
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