Due to considerable profits and production and management, by the early 1990s, the whole town had become a hundred diamond tool companies. In the fierce competition of more than 10 years, Yanji Town reviewed the situation, guided enterprises to carry out scientific and technological innovation, and improved core competitiveness; extended the industrial chain to form scale effect; standardized industry behavior, carried out internal collaboration; implemented preferential policies to attract private investment.
“In 2006, the town's diamond tool enterprises developed to more than 200, with more than 8,000 employees, and the output value exceeded 1 billion yuan, which is expected to become China's largest diamond tool city.†New Year's Day just passed, Party Secretary of Yanji Town, Echeng District, Ezhou, He Bin announced the group's delightful figures.
At present, Yanji Town has formed a diamond tool industry scale. The Yanji people who are stunted are still setting up more than 400 factories in Yunfu Town, Guangdong, Shuitou Town, Fujian, and Laizhou City, Shandong Province. According to the incomplete statistics of China Diamond Tool Information Network, the market share of Ezhou Yanji Tool Industry accounted for more than 60% of the domestic market, and the output ranked first in the country. In May 2006, Yanji Town Diamond Tools was identified as one of the 39 key growth industrial clusters in the province, with key development and development.
Yanji is expected to become China's largest diamond tool city
Synthetic diamond is a super-hard new high-tech material. In 1983, Yanji people introduced formula and technology from Shanghai and founded the town's first diamond tool factory.