Recently, the groundbreaking ceremony for the commencement of the project of 800 million carats of medium and coarse-grain diamonds in Xiuwu County Xinrui Superhard Materials Co., Ltd. was held in the industrial cluster area of ​​Xiuwu County. Liu Xiaobo, deputy secretary of the county party committee and county magistrate, attended the groundbreaking ceremony. Xu Xuezhi, deputy head of the county party committee and deputy magistrate, delivered a speech. The deputy magistrate Liu Qunsheng presided over the groundbreaking ceremony. Gao Dongsheng, president of Hong Kong Gangneng Group Investment Co., Ltd. introduced the project. It is understood that the total investment of the project is 500 million yuan. Among them, the first phase of the project invested 250 million yuan to build an annual production capacity of 400 million carats of coarse and fine grain diamond production lines. After the project is completed, it can produce 800 million carats of coarse and fine grain diamonds annually, realize sales income of 480 million yuan, profits and taxes of 100 million yuan, and earn more than 10 million US dollars in export earnings, and can provide 1,000 jobs.
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