Taiyuan corundum: diamond cutting saw blade project is still not in production

Taiyuan Gangyu said on the interactive website of the Shenzhen Stock Exchange on January 9, 2014 that the company's diamond cutting saw blade project has not been put into formal production.

The company disclosed in the 2013 semi-annual report that the project has completed 93.26%. For investors to ask about the progress of the project, the company said that detailed data has not been calculated so far, the specific content will be disclosed in the company's 2013 annual report.

In October 2011, Taiyuan Gangyu announced that the company will invest in the construction of a diamond cutting saw blade project with a total investment of 43.88 million yuan and a construction period of one year.