The Yellow River cyclone received a huge subsidy project and was included in the provincial major science and technology special plan.

On the evening of May 26, the Yellow River whirlwind announced that on May 25, 2009, the company received a reply from the General Office of the National Development and Reform Commission of Henan Province on the high-tech industrial chain project of Henan superhard materials and products. (Development and Reform Office High Technology [2009] No. 952). Agreed to support the development of high-tech industrial chain with super-hard materials and products in Henan, and agreed that the Yellow River Cyclone “600mm Cylinder-diameter Synthetic High-quality Coarse-grain Diamond High-tech Industrialization Demonstration Project” was included in the national high-tech industry development project plan and national funds. The subsidy plan will allocate 10 million yuan of subsidy funds. At the same time, it is included in the Henan high-hardness materials and products regional high-tech industrial chain project, including the company's controlling shareholder Henan Huanghe Industrial [0.10 0.00%] Group Co., Ltd. "superhard composite material high-tech industrialization demonstration project" The state arranged a subsidy fund of 15 million yuan.

On May 25, 2009, the Yellow River whirlwind received the notice of “The Large Diameter Polycrystalline Diamond Composite Sheet” listed in the Provincial Science and Technology Department of the Ministry of Science and Technology and was launched in the “Shenzhen Science and Technology [2009] No. 32). It is agreed that the “large-diameter polycrystalline diamond composite sheet” declared by the Yellow River cyclone will be included in the 2009 major science and technology special plan and will be implemented in advance. The amount of financial support is not clear at the moment.

Diamond Drill Bit

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