Founded in 2018, Zhongjing Diamond Co., Ltd., located in Yanjiahe, Yiling District, is a wholly-owned subsidiary of Jingri Diamond Industry Co., Ltd. (hereinafter referred to as "Jingri Company"). The company covers an area of 104 mu, has a registered capital of 50 million yuan, total assets of 142 million yuan, and has more than 70 employees. It is a state-owned enterprise specializing in the research, development, production, sales and service of diamond cultivation. W, a diamond production enterprise cultivated by high temperature and high pressure method in Hubei Province, is one of the few domestic enterprises that can steadily produce 3-6 carats of colorless diamond cultivation.

In December 2020, China Crystal Diamond entered the above designated enterprises successively. In December 2021, it was recognized as a national high-tech enterprise. In 2021, it won the "Excellent Enterprise" Award of the 10th China Innovation and Entrepreneurship Competition National Competition. In 2022, it entered the municipal "specialized, special and new" small giant cultivation library. A self built R&D institution and a school enterprise cooperation platform have been established. 23 utility model patents have been authorized (including 6 patents transferred by Jingri Company), and 6 utility model patents and 2 invention patents are currently being applied. The accumulated provincial, municipal and district project fund support and honor awards reached 1.23 million yuan.

In September 2019, Zhongjing Diamond officially issued a sales invoice to sell and cultivate diamonds. In that year, it realized an operating income of 1.238 million yuan and an operating loss of 33000 yuan. The company's management team, based on the actual situation of the company, studied and judged the market situation, adjusted the industrial structure in a timely manner, and explored its own potential. From 2020 to 2022, the company's operating revenue will reach 20038000 yuan, 55479000 yuan, and 100 million yuan (estimated) respectively. The operating revenue will continue to increase, with year-on-year growth of 1519%, 177%, and 80%; From 2020 to 2022, the total profits will be 664000 yuan, 17.912 million yuan and 52 million yuan (estimated) respectively, and the profitability and anti risk ability will be improved, with a year-on-year growth of 2112%, 2598% and 190%. The tax revenue will be 33000 yuan in 2020 and 7.115 million yuan in 2021.

From January to July 2022, China Crystal Diamond seized the rare opportunity of the market to achieve an operating revenue of 53.794 million yuan, 69.2% of the annual budget of 77.77 million yuan; The total profit was 30.759 million yuan, 122% of the annual budget of 25.2 million yuan. From January to July, 126 units were started on average and 143 units were started successively; The average monthly gross profit of a single set was 43000 yuan, including 55000 yuan in July; The average gross profit rate was 66%, of which the gross profit rate of a single unit in July reached 70%. It is estimated that in 2022, the operating revenue will reach 100 million yuan, the total profit will be 52 million yuan, and the tax revenue will exceed 15 million yuan, exceeding the economic indicators set at the beginning of the year.

In 2023, it is planned to start about 230 presses, with an annual gross profit of about 110 million yuan based on the monthly gross profit of 40000 yuan.