On December 12, Gelonghui, on the investor interactive platform, some investors asked Sifangda (300179.SZ), “Your company is building 700,000 functional diamond industrialization projects. Why are there no projects under construction in the third quarter financial report?” The company replied that the company's functional diamond production base project with an annual output of 700,000 carats held a commencement ceremony on September 8. Project construction is progressing rapidly, and production will be commissioned one after another in the first half of 2024. The relevant accounting is carried out in accordance with the corresponding accounting standards.
四方达(300179.SZ)：年产70万克拉功能性金刚石生产基地项目于9月8日举行开工仪式，并将于2024年上半年开始陆续调试生产
Sifangda (300179.SZ): A functional diamond production base project with an annual output of 700,000 carats held a commencement ceremony on September 8, and production will be commissioned one after another in the first half of 2024
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