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Home > Interview with Shenzhen Bao Yuanchang Jewelry Co., Ltd.
Interview with Shenzhen Bao Yuanchang Jewelry Co., Ltd.
   2014-03-07 09:05:46   

Authors: Su Hongwei

Open up the industry chain, polished diamond

Since the beginning of the last century 90’s, Chinese diamond industry relies oncost advantage of labor force and the diamond cutting and polishing processingtechnology continues to improve, in the global diamond industry location transferprocess, has been widely recognized by the international diamond industry.

Shenzhen Bao Yuanchang Jewelry Co., Ltd. is an excellent diamond growing up in such a favorable international situation of cutting and polishing business. Bao Yuanchang diamond processing technology from the Hunan military enterprise --the PLA 1103 plant, then in 1999, Zhu Yuanyong spotted the development tendency of Shenzhen jewelry industry, boldly to the relocation of factories toShenzhen Yantian bonded area, provide professional diamond materials cutting and polishing processing services for several large Hongkong jewelry group.

After several years with Hongkong and foreign diamond business transactions, BaoYuanchang diamond processing technology has been widely recognized by foreign customers, business has entered a rapid development period. At the beginning of 2010, with the enterprise strength, Zhu Yuanyong and another partner goldLiangqing Qiangqiang jointly, established joint-stock company, Bao Yuanchangdiamond jewelry processing factory relocation to Luohu District Tian Bei Road twoHS Lee Building five buildings, plant area of more than 1000 square meters, to turn to develop the mainland market for diamonds.

Engaged in diamond cutting business there is a big risk, that is the risk of the original blank purchase diamond. If you do not identify diamonds of the original blank professional perspective, it is difficult to operate the diamond cutting factory,so there have been many large-scale jewelry enterprise involved, but finally gave up the diamond cutting business.

Bao Yuanchang jewelry has nearly 20 years experience in diamond raw billetprocurement experts, continuously to the upstream exploration, open up the industry chain. For drill blanks choose strictly, ensure the cost and quality of rough diamonds.

According to Zhu Yuanyong introduction, Po Yuanchang can currently processing a variety of specifications can be sawing and drilling and grain drill, bare drillingspecifications from 0.03 to 10 carats have, focus on the production of 0.3 carat to 1carats of diamonds. Diamond has the advantages of small size, high hardness, high value, processing requires a fine grinding, so as to reduce unnecessary loss, thehigher demand on the diamond workers movement coordination and dexterity. In the past 10 years, Bao Yuanchang training a large number of experienced and skilled workers, in the diamond cutting industry has a good reputation. Bao Yuanchang through the constantly improve the quality management of factory to enhance diamond yield, thereby mining maximum business value of each diamondblank, and the processing cost is reduced, the diamond cut quality, price moreappropriate and more on the quality of passenger for Chinese around the jewelry retailer bare drilling services, become a leader in Chinese diamond cutting and polishing processing industry.

Comparable international cut, build China Seiko

The transformation of national policy, to stimulate the further development ofGuangdong diamond processing industry. Especially since 2006, China under the general trade of rough diamonds import tariffs to zero, bare drilling value-added tax from 17% down to 4%, providing favorable conditions for Guangdong diamond processing trade development. In 2006, processing and trade of China’s total import and export of diamonds will reach 3720000000 yuan, compared with the last century in the early 90 an increase of nearly 20 times, China has become second only to the world’s second largest diamond processing industry base in India.

Diamond processing at the current level China has been widely recognized and praised the international counterparts. There will be a distinctive feature of the international industry China diamond machining process called "Chinese industry"."Chinese Engineering" has become synonymous with "good work" and "Seiko", iswith the "Belgium", "Israel" comparable to the one of world outstanding cut.

Bao Yuanchang is a typical "Chinese represent one of the industry". Bao Yuanchang not only own diamond cutting factory, also from the jewelry equipmentIsrael to introduce a variety of advanced measurement, marking, grading instrument, there are nearly a hundred professional technician is responsible forcutting and polishing rough diamonds. Cutting process of first-class equipment,first-class, ensure the quality of the diamond Bao Yuanchang. The diamond shaped, large particles carat diamond and diamond cutting areas, Bao Yuan Changhas more advantages, the princess square, heart-shaped, olive, pear shaped,emerald type diamond cutting down in the industry reputation, these features diamond for diamond customized market booming, provide a good foundation for the development.

In addition, provides the high quality diamond service commitments to customersbased on, Po Yuanchang strictly in accordance with the classification standard ofnational diamond inspection, for the production of diamond products activelyinspection, certificate of inspection and strict standards.

 

Strive to become the DTC business seeing money

International diamond industry pundits believe that the mainland, Chinese diamondgrinding by diamond processing industry has been the development of smallparticles is large size diamond processing internationally recognized in the industry seiko. More and more foreign diamond manufacturers optimistic about the Chinaquality diamond processing technology, is seeking to develop processing tradecooperation and China. DTC also began to pay attention to this trend, not long ago, the Shanghai Diamond Exchange vice president Yuan Wenyao also visited theBao Yuanchang diamond processing plant, actively promote and support the development of Bao Yuanchang.

So far, Chinese mainland has not a DTC business seeing money, while India’s DTCbusiness seeing money have dozens, account for DTC of all business seeing money into more than six. India counterparts not only a substantial increase in thenumber and distribution, and most stockist also have good growth, distributionvolume doubled. A considerable part of stockist in early years ago has been involved in jewelry manufacturing and sales, the space of survival and developmentis more and more widely, especially in the USA jewelry market has occupied a great share.

Zhu Yuanyong said, China urgently needed to produce more DTC business seeing money, such ability in the global diamond cutting field have the initiative. The Shanghai Diamond Exchange since 2000, set up in October to do a lot of work, with the Shanghai diamond exchange efforts, development Chinese diamond industry tax policy would be more reasonable. The Shanghai diamond exchange not onlymeet the domestic jewelry retail market demand for diamonds, also attractedincluding DTC, international diamond giant’s attention, becoming one of theplatform for international trade in diamonds. Bao Yuanchang as the ShanghaiDiamond Exchange members, also hope that through this platform, through continuous hard work, become DTC Chinese business seeing money target.

In Zhu Yuanyong’s view, the policy adjustment, the Shanghai Diamond Exchange asthe main diamond trading center and several other world, become internationalization of rough diamonds, diamond trading center, will also become the diamond processing technology research and development center, to promote the rapid development of China and even in the world of the diamond industry.

 

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