From 2010, Ruishi Group began to research and develop fused corundum composite using industrial solid waste. The products are developed successfully in 2012. The products are manufactured by new refractories smelting technology, and are featured with low cost, no pollution, high resources comprehensive utilization rate, and broad market foreground.

In 2012, ¡°Sapphire LED Backing Materials Project with Annual Capacity of 5 Million Pieces¡± of Ruishi Group was registered in Luoyang Development and Reform Commission. The trial workshop of sapphire will be put into production in Oct. 2012. It is forecast that the annual production value will reach about CNY 1 billion.

Future Prospect

In the future, Ruishi Group will focus on the short of mineral resources and power crisis, invest green, environmental-friendly, energy-saving and high efficiency innovation fields, research and develop new materials and powers, cut resources consumption and environment pollution, and promote the rapid development of local economy and refractories industry.