Tianlong Optoelectronics: The company's resin diamond wire can not be used for sapphire cutting

Tianlong Optoelectronics (300029.SZ) said that sapphire cutting is mainly electroplated gold steel wire. The company produces resin gold steel wire. With the current technology, it can not be applied to sapphire cutting.

Affected by Apple's entry into the sapphire market, the recent A-share sapphire concept stocks have attracted investors' attention. In response to questions from investors about whether the company is considering the application of diamond wire products to sapphire cutting, Tianlong Optoelectronics made the above response on the investor interaction platform on the 17th.

Earlier, a person in charge of the Tianlong Optoelectronics Securities Department said that the company would benefit from Apple's entry into the sapphire market. Although the company's sapphire crystal furnace orders have not increased, but the increase in downstream demand will drive the company's sapphire crystal furnace sales.

As for whether the company's sapphire crystal furnace will be used to produce sapphire, Tianlong Optoelectronics said that it is still under discussion to expand downstream.

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