**Abstract**
Stock Code: 300179
Securities Abbreviation: Sifangda
Announcement No.: 2013-032
Henan Sifangda Superhard Materials Co., Ltd. announces the receipt of a utility model patent certificate from the State Intellectual Property Office. The company and its Board of Directors confirm that all information provided in this announcement is accurate, complete, and free from any false statements, misleading information, or material omissions.
The patent, titled "Polycrystalline Diamond Composite Pick," is registered under Patent No. ZL201220735269.0, and the patentee is Henan Sifangda Superhard Materials Co., Ltd. This utility model was authorized and announced on June 12, 2013.
The innovation involves a unique method for fixing the tooth head and tooth tip of the polycrystalline diamond composite pick. Instead of traditional methods, the design uses a protrusion and matching groove to secure the components before welding. This approach significantly increases the contact area between the tooth head and tip, enhancing the welding strength and reducing the risk of the tip breaking off during drilling operations. As a result, the service life of the pick is extended, contributing to improved performance and efficiency in hard rock excavation.
The acquisition of this patent is an important milestone for the company. While it may not have a direct impact on current production and operations, it plays a crucial role in protecting the company’s intellectual property, fostering continuous innovation, and strengthening its competitive edge in the market.
This announcement is made in accordance with applicable regulations and aims to provide transparency to shareholders and stakeholders regarding the company's ongoing technological advancements.
**Board of Directors**
Henan Sifangda Superhard Materials Co., Ltd.
June 23, 2013
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