In 2007, Huanghe Industrial's domestic market share of synthetic diamonds exceeded 30%, and the international market share was close to 20%. The output exceeded the international giants GE, DeBeers and Winter who had controlled this industry, but the products were at the low end, but this It is terrible. Because the diamond tool market is divided into high-end professional market and low-end DIY market. The former is only about 20% of the latter, but the market value is four times that of the latter.
If Huanghe Industry wants to break through, it must have a place in the professional market. Since 2004, Qiao Qiusheng has invested 200 million yuan in offices in Germany, India and France, and established R&D centers in Zhengzhou and Shanghai. Later, it invested another 200 million yuan to renovate the equipment, which was deeply admired by the peers.
In order to develop a diamond composite sheet, Qiao Qiusheng must at least consume one Santana every time he experimented, and invested 30 million yuan in three years, and finally obtained a patent.
Since 2008, Huanghe Industrial has invested nearly 800 million yuan and has adopted a large number of domestically produced production equipment. In May 2008, he bought Beijing Xinnaida Diamond Co., Ltd. at a high price to obtain the best production technology in China. The target is high-end diamond.
“The reason why we attach so much importance to R&D and innovation is because our competitors are not only domestic companies, but DeBeers and diamond companies under GE.†It is also the international high-end diamond production line under the competition of Qiao Qiusheng. It has begun to shift to low-cost countries.
Some information: In November 2008, Huanghe Industrial received further attention due to the 4 trillion yuan stimulus plan. Its synthetic diamonds are widely used in stone, construction, precision machining, automobile manufacturing, geological drilling, electronics industry and aerospace. Huanghe Industry is the diamond to start domestic demand.
This company in Henan Changge, the last time it attracted the attention of the Chinese people, was still 5 years ago. Qiao Jinling, the founder of the company with a value of 1 billion yuan, suddenly committed suicide in September 2003. Huang Heye left it to Qiao Qiusheng, who had a long beard.
At that time, Huanghe Industrial was involved in the beverage, medicine, tourism and other industries, and even got the construction and operation rights of the 80-kilometer section of the Arong Banner to the Shenzhen Expressway.
“Interlacing does not take advantage. These projects look promising, but we are not familiar with these industries, and there is no corresponding management talent.†After taking over one year, Qiao Qiusheng began to fully adjust the company’s business in 2004, to synthetic diamonds. Business contraction.
Developing private enterprises are better than doing it.
"The development of private enterprises to a certain stage, the decision-makers are not calm, they want to expand, often it is catastrophic." Huang Qiye Chairman Qiao Qiusheng said that for the Yellow River Industry, as long as the advantage of the artificial diamond industry, It can impact the world's top companies.