Abstract Tianxing Capital invested in Henan Fenike Superhard Materials Co., Ltd., and this round of capital injection will be used to build new plants, increase product capacity and increase cash flow. Fu Nike has a cubic boron nitride tool to produce a complete industrial chain of "single crystal - micro nano powder - super hard tool", with...
Tianxing Capital invested in Henan Fenike Superhard Materials Co., Ltd., and this round of capital injection will be used to build new plants, increase product capacity and increase cash flow. Fu Nike has a complete industrial chain of “single crystal-micro-nano powder-superhard tool†produced by cubic boron nitride tool. It has world-class high-precision five-axis grinding, 3D laser and other finished processing equipment and testing equipment, and The cost control of boron nitride abrasives is very strict, and it is the lowest in the industry. The products are exported to Sumitomo, GE, etc. The company has overcome the problem of large-particle high-strength polycrystals, making the cutting diameter of the tool up to 600 mm. At present, the sales volume of cubic boron nitride abrasives and knives produced by the company is 6:4. At present, the company is constructing a new phase II plant, which mainly produces special-shaped knives for electronic products. After the new factory reaches the production, the sales of abrasives and knives account for The ratio will reach 4:6.
Fu Nike is the drafting unit of the national standard for cubic boron nitride tools, with 185 patents, of which 7 are invention patents. According to the 2014 China Abrasives Industry Survey, the total domestic production of cubic boron nitride in 2013 was 439.89 million carats, and the production of rich and durable cubic boron nitride was 155 million carats, accounting for 35.24% of the national market. In 2013, the output of domestic cubic boron nitride polycrystalline/composite sheets was about 1 million pieces, and the output of Fu Nike's cubic boron nitride polycrystalline/composite sheets was about 860,000 pieces, accounting for 86% of the national total. Fu Nike is a leader in the cubic boron nitride industry.
Fu Nike's main cubic boron nitride tool is used to replace existing alloy tools. Both cubic boron nitride and diamond are superhard materials, and cubic boron nitride is superior to diamond at high temperatures. Just the replacement of existing alloy tools, there are more than 50 billion market sizes in China. In addition, the company's new factory is used for the production of electronic products. Only Foxconn's annual consumption of tools is 2 billion yuan. According to Foxconn's mobile phones, which account for 1/6 of China's mobile phone production, the annual domestic tool for electronic products production. There are 12 billion markets.
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