On May 6, SOM Seiko disclosed the reply to the audit inquiry letter on the company's issuance of shares to specific targets (revised version) (financial data update version of the 2023 annual report).
According to the announcement, the capacity utilization rate of the first phase of the company's project in 2022 and 2023 is 96% respectively.Royalflushnodeuces.91% and 98.45%, respectively, with production and sales rates of 80.14% and 110.58%, respectively. The inventory at the end of 2023 was only 3000 carats. The first phase of the company's product large single crystal diamond is to cultivate diamond roughness, which is located in the upstream of diamond industry, the middle industry of diamond industry is to cultivate diamond processing industry and wholesale industry, and the downstream of diamond industry is retail industry. The downstream customers of the company are direct sales customers with diamond processing ability and trading customers without diamond processing ability. among them, direct sales customers mainly include Shenzhen Jinfu Jewelry Co., Ltd., Shenzhen Daka Future Technology Co., Ltd., Guangzhou Siku Biotechnology Co., Ltd., Shenzhen Yujing Yumei Jewelry Co., Ltd. And Dongguan Longside hardware tools Co., Ltd., etc. Trade customers mainly include Zhengzhou Yunjing Superhard material Co., Ltd., Luoyang Emile Diamond Co., Ltd., Henan Zhoudrill New material Co., Ltd. And Henan Longzhifang Electronic Commerce Co., Ltd. The above two types of customers are widely distributed, there is no over-concentration, and the company does not rely on a single major customer in the sales process.
The company's receivables mainly include notes receivable, accounts receivable, accounts receivable financing and contract assets. At the end of each period of the reporting period, the book balances of the company's receivables were 1.1665502 billion yuan, 1.2863636 billion yuan and 1.2436942 billion yuan respectively, showing a trend of increase at first and then a slight decline.
The company's main competitors in the abrasive industry areRoyalflushnodeucesFrance Saint-Gobain Saint-GobainGroup., Sweden Fushihua HusqvarnaGroup, Korea Erwa EhwaDiamond, Japan Zewu Noritake, Henan Yellow River Cyclone Co., Ltd., Nanjing Sanchao New material Co., Ltd., Zhongbing Red Arrow Co., Ltd.
