News Review (10.11-10.20)

Abstract [Super Hard News] The report states that CBN is becoming the abrasive of choice for most grinding applications because it helps to achieve precise geometry and size, better surface finish and surface integrity, and reduced processing time. Because it is very suitable for CNC grinding machines...

[Super hard news]

According to the report, CBN is becoming the abrasive of choice for most grinding applications because it helps to achieve precise geometry and size, better surface finish and surface integrity, and reduced processing time. Because it is very suitable for use on CNC grinding machines, its use is increasing. In order to take full advantage of the advantages of CBN grinding and obtain better surface finish, structural integrity and longer service life, more and more car manufacturers have chosen CBN grinding wheels to replace traditional abrasive grinding wheels.

Although the hardness of CBN is second only to diamond , the excellent performance of CBN superabrasives has not been fully utilized due to the lack of understanding and understanding of many people, its high cost and common concerns about adopting a new product. However, this situation is changing, mainly due to the development of various CBN grinding systems that improve grinding efficiency, increase machine run time, and shorten grinding cycles, as well as improvements in CBN grinding wheel materials.

During the reporting period (2008-2012), the automotive industry remained the main end-user segment of the CBN abrasives industry (more than 27% of the global demand for CBN abrasives) and key growth areas (expected to be available at the highest level) 4.3% CAGR growth opportunities). Of course, the decline in global car sales will reduce the forecast.

Related Reading:

2012 global CBN abrasive market demand trend analysis: http://

Prospect analysis of China's synthetic diamond market: http://

Zhengzhou International Superhard Materials and Products Seminar Call for Papers: http://

Invitation to the 2012 Zhengzhou Superhard Material Tool Technology Exchange Conference: http://

Russian Super Diamond Mine Clarification: Little impact on industrial diamonds: http://

【Corporate News】

On September 25, 2012, the mayor quality award review team was accompanied by Wang Jun, deputy director of Zhengzhou City, Liu Guoquan, director of the Quality Supervision Bureau of Gaoxin District, Fan Changxing and deputy director Li Zhihong, and vice chairman of Huajing Company. Under the leadership of Zhao Qingguo, this year's Mayor Quality Award was successfully passed.

There are seven processes for the judging process, namely the first meeting, the organization briefing, the on-site visit, the group review, the group discussion, the closed meeting, the high-level communication and the last meeting. At the first meeting, Vice Chairman Zhao Qingguo gave a brief introduction to the company's current situation and development prospects. Then the team leader Gao Heng introduced the members of the review to Nie Fuquan and Li Guosheng, and divided into three groups. Levels of people conduct reviews and discussions. The senior team leader also emphasized the purpose, plan and precautions of the review work. Immediately after the test center director Shao Jingru introduced the company's basic situation, followed by the review team accompanied by the leaders to the company's production workshop, synthesis workshop, testing center on-site visits, the department leaders and employees on-site questions, on the platform The accounts and materials were reviewed, and finally all the staff were organized for on-site discussions.

The last meeting was successfully carried out under the auspices of Director Wang. The senior team leader first expressed gratitude for the work done by Huajing Company, which affirmed the management, strength and scale of the company, and pointed out the shortcomings of the company. Although the review work in 2012 was successfully completed in the applause, all employees of Huajing Company said that they will not stop the pace of progress and strive to make Huajing's tomorrow even more outstanding!

Related Reading:

Huajing Company: The Mayor Quality Award on-site review was successfully completed: http://

E-drilling exhibits in five major industry exhibitions in the Middle East: http://

Professor Zou Wenjun visits Huifeng Diamond: http://

The city leadership delegation highly praised Wanke Diamond Tools: http://

Benlang's integrated management system successfully passed the annual review: http://

[Listed company]

Yu Diamond ( 300064 ) announced on the afternoon of October 16th that the company signed the "Intention Cooperation Agreement" in Zhengzhou City, Henan Province on September 24, 2012 and Jiaozuo Meijing Technology Co., Ltd. (referred to as "Meijing Technology"). Cooperate with Meijing Technology to increase the production capacity and scale of synthetic diamond large single crystal project by cash contribution. The company's share in cooperation projects is not less than 51%; Meijing Technology is tangible with existing equipment, personnel and technology. And invest in intangible assets, cooperate with the company and get returns. On October 15, the company held the eleventh meeting of the second board of directors to deliberate and approve the "Proposal on Investing in the Establishment of Holding Subsidiaries".

The announcement shows that the registered capital of the joint venture company is 50 million yuan, of which the company's capital contribution is 33 million yuan, which is funded by cash. The registered capital subscribed is RMB 25.5 million, accounting for 51% of the registered capital, and the remaining RMB 7.5 million is included in the capital reserve; the registered capital subscribed by Meijing Technology is RMB 24.5 million, with fixed assets and inventory. Investment in intangible assets, etc., accounting for 49% of the registered capital.

The announcement said that the investment in setting up a holding subsidiary to engage in the production and sales of synthetic diamond large single crystals is conducive to enriching the company's product structure, extending the company's synthetic diamond industrial chain, enhancing the company's market competitiveness and improving the company's profitability.

Related Reading:

Yu Diamond plans to invest 33 million to set up a holding subsidiary: http://

Huanghe Cyclone Change Accounting Firm: http://

Sifangda: based on the high-profit link of the industry chain: http://

[Industry Chain]

“2012 25th China Machine Tool Co., Ltd., hosted by China National Machinery Corporation, China National Machine Tool Corporation, Metal Processing Magazine, Beijing Guoji Exhibition Center, Jiangxi Zhangyuan Tungsten Co., Ltd. and Zhangzhou Aoketai Tools Technology Co., Ltd. The Tool Industry Development Forum and the 2013 Operational Situation Seminar will be held on November 21-24, 2012 in Zhangzhou City, Jiangxi Province.

The global economic situation and market demand have become complicated in 2012. In the face of the current global economic changes, what kind of impact does the “butterfly effect” caused on the Chinese machine tool market in 2012? What are the development trends and recommendations for the machine tool industry in 2013?

Faced with the complicated macroeconomic situation and the decline in market demand, China's machine tool tools have not been able to provide incentives for the growth of business performance by relying on the original products and marketing methods. In the process of increasing the transformation and upgrading of enterprises in the machine tool industry, what are the difficulties, the experience gained, and the thinking about future development?

In this context, the 25th China Machine Tool Industry Development Forum will focus on the “Looking for the Law of Survival under the Economic Downturn” and invite industry authorities, machine tool host companies, functional component companies, key user companies and economists to discuss The road to survival, and closely around the current economic situation and industry situation, in-depth summary of the industry development in 2012, accurate forecasting and analysis of the industry trend in 2013 and the future, leading the healthy development of the industry.

Related Reading:

The 25th China Machine Tool Industry Development Forum was held soon: http://

Rethinking the marketing strategy of superhard materials industry from the layoffs of machine tool companies: http://

Hohhot and Linxian vigorously develop the stone industry: http://

Ceramics to the emerging market: a thorny rose: http://

The “intensive” processing of the graphite industry is valued: http://

The Hard Material Industry Technology Innovation Strategic Alliance was formally established: http://

Chinese PV companies plan to move out of the industry: http://

[macro economy]

In September, the balance of China's inventories fell by 20% from the same period last year, reaching 2.7 trillion, almost equal to the same period in 2009. Wang Zhihao, head of research at Standard Chartered Bank Greater China, believes that this is a reflection of the slowdown in fiscal revenue growth caused by the slowdown in economic growth.

From the changes in the balance of the country's inventory, we can also see the laws of China's macro-policy: the funds allocated after the two sessions, the sudden expenditures at the end of the year, and the large amount of deposit balances at the end of the year are all reflected in the data on the balance of the national inventory.

The balance of the national inventory of about 3 trillion yuan per year is already a problem that the Chinese government needs to examine from the perspective of efficiency and burden.

Related Reading:

China's industrial production operations above designated size in September: http://

China's national inventory balance in September fell by 20% year-on-year: http://

Rich mineral resources such as diamonds have caused the Arctic to compete for upgrades: http://

China's heavy industry electricity first negative growth: http://

How the development of US shale gas affects China: http://

[Editing Vision]

How to look at the post-crisis era of the weak world economic recovery: http://

The significance and principles of China's resource price reform: http://

【Technical Information】

Factors affecting the wear of diamond saw blade tools: http://

New process for pre-plating diamond plating tools: http://

Overview of Pressure Sealing Media: http://

A simple study of the stone wall renovation process: http://

LED sapphire substrate and chip back thinning process analysis: http://

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