Yu Diamond announced on Thursday evening that according to the current demand situation of synthetic diamond market and the company's actual production capacity, the company plans to use 174 million super-raised funds to build an annual output of 340 million carats of high-grade synthetic diamond project.
According to the company, the newly-increased sales income of the project can reach 136 million yuan, and the total new profit is 51.4 million yuan; the total investment return rate of the project is 22.9%, and the investment recovery period (including the construction period) is 4.4 years.
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