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**Abstract**
Yesterday, Henan-based investor Zhang Junan signed a diamond industrialization project with the Ningbo Institute of Materials, Chinese Academy of Sciences. China is the world's largest producer of synthetic diamond raw materials—specifically diamond powder—and also holds the top position in terms of total diamond product volume. However, as Zhang Junan pointed out, "most of the profits are still captured by foreign companies." He explained that while China exports diamond powder by the kilogram, it imports processed diamond materials by the gram, highlighting a significant gap in value addition.
Jiangnan, the lead researcher of the project, emphasized that the Ningbo Institute has developed core technology for diamond functionalization. This innovation allows for more efficient processing at lower costs. The technology can modify the surface structure of diamonds, making them strongly bond with metals and enhancing their heat conductivity. It has wide applications in mechanical materials, such as cutting and drilling tools.
Zhang Junan, who is based in Henan but closely follows the development of the artificial diamond industry, decided to invest 8 million yuan to collaborate with the Ningbo Institute on industrializing this technology. The institute described this partnership as a successful example of transforming scientific research into commercial success. With this collaboration, China aims to not only increase its technological self-reliance but also capture more value from its diamond resources in the global market.