At present, Huanghe Whirlwind is actively expanding its industrial chain around superhard composite materials. The stable growth of its superhard materials business, which accounts for over 70% of its revenue, and the two emerging businesses of pre-alloy powder and superhard composite materials are expected to drive the company's new round of performance growth.
As a leading company in the superhard materials industry that covers the entire industrial chain, Huanghe Whirlwind is the world's second-largest producer of superhard materials with a market share of nearly 30%.
The growth in performance mainly comes from the steady growth of its superhard materials and the significant growth of metal powder and superhard composite materials.
The domestic pre-alloy powder industry started late, with only about a dozen domestic production companies. Huanghe Whirlwind's production capacity leads the industry as a leading player. It is expected that the company's 12,000 tons of pre-alloy powder will reach full production in the second half of this year, greatly boosting profit growth.