**Abstract**
Editor's Note: In the realm of traditional manufacturing, Wuhan has long been known for its impressive "Wuhan Made" products that have earned widespread admiration. Today, many Wuhan-based enterprises are at the forefront of high-tech manufacturing sectors such as precision instruments, biopharmaceuticals, and core equipment. A new wave of "New Wuhan-Made" is emerging, and this newspaper will launch a special series to explore these innovative companies that are shaping the future of manufacturing with their "Made in Wuhan" or "Created in Wuhan" solutions, showcasing the city’s growing strength in advanced industries.
The soft sound of a machine, accompanied by a blue light flashing, marks the operation of a large steel disc measuring 1.5 meters in diameter. This disc, embedded with diamond segments about 1 cm wide, is just one of thousands of models produced by Wuhan Wanbang Laser Diamond Tools Co., Ltd. — a company that is making waves in the global diamond tool industry.
According to statistics, China exports over 10 billion yuan worth of synthetic diamonds annually, but most of them are raw materials with low value. However, Wuhan Wanbang has managed to outperform even long-established American competitors within just three years, capturing significant market shares in Europe and the U.S. with its advanced technology.
A product that costs $80 to produce can be sold for $600 in the U.S. market, thanks to the high-tech innovation behind it. The company, though not widely known, is the only Chinese firm with its own international brand in this sector. Its brand, DTT (Diamond Tool Technology), represents a range of products including laser-welded diamond saw blades, stone cutting blades, diamond grinding wheels, and drill bits — all widely used in construction, decoration, and stone processing.
Currently, there are seven deep drilling projects in China, ranging from 5,000 to 10,000 meters, and four of them use diamond drill bits developed by Wuhan Wanbang. These tools are essential for scientific drilling operations and represent a major breakthrough in domestic engineering.
Ye Hongwei, a Ph.D. in powder metallurgy from Beijing University of Science and Technology, leads a technical team that has developed the “pregnancy†diamond tool — a product that generates a profit margin of up to 86% on certain models. In the production workshop, Ye Hongjun shared how a 0.76-meter-diameter diamond saw blade can generate substantial returns in the U.S. market.
Despite its success, the company maintains a minimal warehouse space of just 20 square meters, as 90% of its products are directly exported, keeping inventory almost nonexistent. This lean approach reflects its efficient supply chain and strong global demand.
In 2009, Wuhan Wanbang established a subsidiary in the U.S. to develop large-size, high-power diamond saw blades tailored for American markets. Each blade can cut through concrete for 7.6 kilometers, and after 12 years, this distance increases to 12 kilometers — doubling the efficiency of older U.S. products. Within three years of entering the U.S. market, Wuhan Wanbang captured 5% of the market share, becoming the first Asian company to break into the U.S. diamond tool industry.
Today, Wuhan Wanbang’s sales have expanded beyond Europe and North America to include the Middle East, Australia, South America, and Russia. By 2012, the company achieved annual sales of 400 million yuan, marking a significant milestone in its journey toward global recognition.
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