Henan Huanghe Whirlwind International Co., Ltd. is a wholly-owned subsidiary of Henan Huanghe Whirlwind Co., Ltd., which was listed on the Shanghai Stock Exchange in 1998. The company's main products are synthetic diamonds and diamond products, with an annual output of 1.5 billion carats of synthetic diamonds, making it the world's largest synthetic diamond production base and one of the top three in the industry. The "Whirlwind" brand of diamonds is a "China Famous Brand" product and sells well in both domestic and foreign markets.
To expand its global market and build the Huanghe Whirlwind International brand, Henan Huanghe Whirlwind Co., Ltd. established Henan Huanghe Whirlwind International Co., Ltd. in Zhengdong New District, Zhengzhou City, and hired Dr. Zhibin Hu, a Canadian Chinese and senior economist, as the company's general manager. Dr. Hu is responsible for the international business of the listed company, including foreign trade, international cooperation, mergers and acquisitions, and restructuring of overseas assets. "Whirlwind International" will lead the listed company to comprehensive internationalization in a new way.
Henan Huanghe Industrial Group Co., Ltd. was established in 1979 and has developed into a national large-scale enterprise with total assets of CNY 2.8 billion and more than 6,100 employees. Its main products are synthetic diamonds and diamond products, with an annual production capacity of 1.5 billion carats of synthetic diamonds, making it the largest diamond production base in China and the industry leader domestically and third in the world. The company has a national enterprise technology center, an enterprise post-doctoral research workstation, and is a national high-tech enterprise. It has 22 subsidiary companies located in Changge, Zhengzhou, and Shanghai.
Henan Huanghe Whirlwind Co., Ltd. was established by Henan Huanghe Industrial Group Co., Ltd., Osaka Diamond Industrial Co., Ltd. of Japan, and Zhengzhou Abrasive Grinding Research Institute. It was listed on the Shanghai Stock Exchange on November 26, 1998, with stock code 600172. The company is a key high-tech enterprise under the National Torch Plan, with a national enterprise technology center, an enterprise post-doctoral research workstation, and a Shanghai R&D center. Its main products include superhard materials (synthetic diamonds, CBN, PCD, coated diamonds, diamond micro-powder, and CBN micro-powder), diamond products, UDS series diamond presses, construction machinery, special vehicles, and automation control devices, totaling 146 varieties in six categories. In recent years, the company has won two national gold awards, 76 national patents, and eight scientific and technological progress awards. The "Whirlwind" brand series of products sell well in developed countries such as Japan, the United States, and Europe, as well as Southeast Asian markets, making it a leader in the synthetic diamond and diamond product industry.
The overall guiding ideology for the company's future development is to use Changge as its production base, use Zhengzhou as its window, seek development with talent, and make synthetic diamonds its main business. The company plans to achieve sales revenue of CNY 10 billion by 2010, aiming to become the world's largest synthetic diamond producer and make greater contributions to economic development.
On April 30, 2011, the Ministry of Science and Technology, the State-owned Assets Supervision and Administration Commission of the State Council, and the All-China Federation of Trade Unions jointly issued a notice announcing the third batch of innovative enterprises, which included 154 companies. Ten companies in Henan Province were designated as national innovative enterprises, including Henan Huanghe Whirlwind Co., Ltd., which was officially designated as a national innovative enterprise.