Zhongnan Company: Integrity, taxation, strong country and rich people

Integrity tax payment is a concrete manifestation of enterprises complying with market competition rules and maintaining business ethics. It is an important yardstick for measuring corporate business reputation and corporate contribution to the country and society. It is a symbol of corporate strength and an intangible asset and brand of an enterprise.

Nanyang Zhongnan Diamond Co., Ltd. (referred to as Zhongnan Company) pays great attention to brand and business reputation, and regards “integrity tax payment and law-abiding management” as part of the company's business philosophy and corporate culture, and pursues the policy of “innovation for quality, integrity and brand” and “ The enterprise spirit of self-improvement, cooperation, innovation and glory has strengthened the diamond industry and achieved steady improvement of economic benefits. At present, the company has formed an annual production capacity of 2 billion carats, accounting for 46% of the domestic total, accounting for 32% of the world total, and the world's largest production scale, becoming the world's largest diamond manufacturer.

The company has been recommended by the industry association as an “excellent brand” for many years and is a “high-tech enterprise” recognized by the Science and Technology Department of Henan Province. Since 2004, the company has won the honorary titles of “Henan Province National Defense Science and Technology Industrial Management Advanced Unit”, “Nanyang Export Advanced Unit”, “Tax Credit A-Class Enterprise” and “Henan Star Best Enterprise”. In September 2007, “Zhongnan” brand synthetic diamond was once again recognized as “China Famous Brand Product”.

In 2007, the company's leading product diamond production and sales exceeded 1.7 billion carats, achieving sales income of 773 million yuan, an increase of 47%; in 2007, the value-added tax of 46.625 million yuan, strongly supporting the development of local economy .

The company's development ideas: to make diamonds "big, strong, and refined" to achieve three levels of development speed, development quality, and development benefits. While innovating institutional mechanisms, we will enhance our capacity for independent innovation and drive development through scientific research. During the “Eleventh Five-Year Plan” period, the annual average research and development funding is not less than 3.5% of sales revenue. The annual contribution rate of high-grade diamond to sales revenue and profit is 30% and 35% respectively, and the proportion of new product sales revenue to total revenue is up to 45%. We strive to produce a new achievement every year, and the conversion rate of scientific and technological achievements reaches 90%. %the above. On the basis of the R&D center of the group company, further increase investment, improve scientific research, development, testing, trial production and other means to consolidate the company's leading edge in technological innovation in the field of superhard materials. In 2008, a national-level technology center was established, and a state-level high-tech enterprise was established. In 2009, we will strive to complete the construction of a national key superhard material laboratory. In 2010, we will strive to establish a national post-doctoral research station for superhard materials.

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At present, the company is undergoing a shareholding system transformation. In 2008, it will be listed on the market and strive to raise funds of about 1 billion yuan to create a direct financing platform for the project's sustained rapid development. Make full use of listed funds and subsequent refinancing, further integrate industry resources through mergers, acquisitions, and related professional subsidiaries of the holding industry, and strategically integrate diamond and boron nitride industries according to development needs, and acquire some high-tech enterprises to promote High-tech products, strive to achieve the company's strategic goals as soon as possible. In 2008, we will strive to further consolidate the world's largest total production and sales of diamond products, take advantage of the trend, climb to new heights, achieve the goal of sales income of 900 million yuan, and make greater contributions to local economic development.

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