Benlang New Materials closed up 4.01% today: one of the leading companies in China's superhard material products industry

2026-02-26 11:32:37

Abstract generation in progress

On February 24, Beijiao Listed Company Benlang New Materials (920807) rose, closing at 15.55 yuan per share, up 4.01%.

According to Tongbi Finance, the company is a high-tech enterprise focused on the research, production, and sales of superhard materials products. It is one of the leading companies in China’s superhard materials industry and ranks among the top in the global ceramic processing diamond tool segment.

Both the company and its subsidiary, Xinxing Benlang, are high-tech enterprises. Xinxing Benlang has been recognized as a “Specialized, Refined, Peculiar, and Innovative” small and medium-sized enterprise in Guangdong Province. The company is one of the few in China’s superhard materials industry with capabilities in diamond and binder material research, formulation design, product structure design, production process innovation, and product application expansion.

As a core growth driver in the global superhard materials market, the domestic market relies on a large manufacturing industry base, emerging industry demands, and technological upgrades to fuel growth. The market demand for superhard materials products continues to expand, driving the overall industry scale upward. In 2024, the total output value of China’s superhard materials industry reached 58.63 billion yuan, a 9.7% increase year-on-year, with superhard materials products occupying a core share, including tools, abrasives, functional components, and other categories. The global market size for superhard materials and products is projected to reach 64.272 billion yuan in 2024 and is expected to grow to 88.268 billion yuan by 2030, maintaining steady growth.

Industry growth is driven by the continuous expansion of downstream emerging industries, technological innovation, application scenario expansion, overseas market development, and high-end product transformation. In the coming years, China’s superhard materials market is expected to maintain rapid growth, with segments such as semiconductor heat dissinks, high-end cutting tools, and cultivated diamonds growing at rates far exceeding the industry average, becoming the core engines of industry growth.

In terms of performance, according to the company’s disclosed Q3 2025 report, it achieved operating revenue of 444.7 million yuan, a year-on-year increase of 5.51%, and net profit of 30.11 million yuan, up 14.94% year-on-year.

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