The CSRC announced on the 5th that the first application for Zhengzhou Huajing Diamond Co., Ltd. was approved at the 6th working meeting of the GEM Board.
Zhengzhou Huajing Diamond Co., Ltd. is mainly engaged in the research and development, production and sales of synthetic diamond and its raw and auxiliary materials, as well as the research and development of synthetic diamond synthesis equipment. At present, the company's leading product is synthetic diamond. The company plans to issue 38 million shares this time, with a total issued share capital of 152 million shares. The company's proceeds from the issuance will be invested in an annual output of 300 million carats of high-grade synthetic diamond project and Zhengzhou synthetic diamond and product engineering technology research center expansion project, with a total investment of 225 million yuan.
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