$MetechIntl(V3M.SI)

 

Was working with India' s companies. And now working with China' s companies. Getting involved with 2 of the biggest economy in the world. Amazing.

 

Snippets of the Press Release today.

 

Strategic Collaboration with National Testing Centre for Gold and Silver Jewellery (Tianjin)

&bull AET has the technological capabilities to produce the highest grade of lab-grown diamonds that are used for jewellery

&bull National Testing Centre for Gold and Silver Jewellry (Tianjin) provides professional and independent assessment and certification of precious metals, jewellery and gemstones

&bull China&rsquo s jewellery market was valued at $100 billion in 2020 however China is a distant second in terms of the global retail lab-grown diamond market

 

Strategic Collaboration Agreement with Guangzhou Diamond Exchange to Further Develop and Promote the Lab-Grown Diamond Market in China

&bull Guangzhou Diamond Exchange is the only diamond trading platform approved by the People&rsquo s Government of Guangdong Province and it is one of only two diamond exchanges in China that is recognised as an affiliated member of the World Federation of Diamond Bourses(1)

&bull In the first half of 2021, Guangzhou recorded RMB 7.6 billion of diamond processing imports, an increase of 130% year-on-year, with RMB 9.95 billion of jewellery exports, up 95.2% from the previous year, according to data released by Guangzhou Municipal Commerce Bureau in July 2021(2)

&bull The price-value relationship and sustainability features of lab-grown diamonds are attracting new consumers as they make more informed and conscious decisions on jewellery purchases