JD Capital-invested Monte-Bianco Listed on NEEQ
Recently, Guangdong Monte-Bianco Diamond Applications Co., Ltd., a JD Capital-invested company (Monte Bianco, 836807) was formally listed on the National Equities Exchange and Quotations (NEEQ) for public transfer.
Monte-Bianco mainly engages in the R&D, production and sales of super-hard material products. Its main products include metal bonding diamond tools, resin bonding diamond tools and magnesia bonding silicon carbide tools which are mainly applied in architectural ceramics processing, and also partially used for processing stones materials, reinforced concrete building materials, refractory materials and other hard and brittle materials, as well as for the precision machining of parts of automobile engines and air condition compressors.
So far, the company has fully mastered four core technologies with proprietary intellectual property rights, acquired 66 nationally authorized patents (19 patent for invention and 47 patent for utility models).
During the 50-year development since the birth of the first artificial diamond in 1963, China has become the largest producing country of super hard materials, accounting for over 90% of the world total annually. Market demands include processing of architectural ceramics, extracting and processing of stone materials, building concrete and precision machining.
As an integral and significant part for national economy and national defense construction, with continuous technological development, the unique feature of super hard material products shall be constantly explored and utilized, and the application areas shall also be constantly expanded.
JD Capital became a shareholder of Monte-Bianco in 2012, accounting for 7.16% of its shares before listing.
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