Singapore Xinhao Capital Invests in China MPCVD To Foster Diamond Manufacturing Enterprises

According to the official website of Singapore New Hao Company, SINGHOT CAPITAL, the investment company of Singapore New Hao Capital, invested in a new material company in Qingdao, China (Bosheng (Qingdao) New Material Co., Ltd.) in December 2022. Bosheng New Material mainly develops and produces MPCVD to cultivate diamonds.

It was also disclosed that Xinhao Capital had invested 10 million yuan (51.358 million yuan) in new materials. Xinhao Capital holds 25% equity in new materials. Meanwhile, Qingdao Haino Investment Development Co., Ltd. also invested 20 million yuan with 10% shareholding. This investment was officially completed on December 30, 2002. The payback period is 2-3 years and the total return on investment is 48.17% after tax.

 

According to the investment plan of this project, 10-20 sets of MPCVD equipment are invested in Phase I. According to the technical maturity mastered by the existing doctoral team, the annual production value of the project company will be higher than 40 million yuan, with bare drills with 1ct and G colors as the reference capacity standard. It is estimated that the annual production of high-quality bare drills will exceed 4000ct after the project is put into operation.

 

Bisheng is manufactured by MPCVD gas deposition method with the following technical advantages:
1:Faster crystallization: Beneficial single crystal CVD industrialization faster than traditional methods
2: Capacity Output: More capacity per batch, larger elongate reaction zone (35-carat bare drill per batch)
3: High diamond purity: Purer than natural diamond Type-II for photoelectric, semiconductor and other applications
4: Good quality: Higher hardness and toughness than natural diamonds