Sarine has teamed up with the National Jewellery Inspection Group (NGTC) to launch a diamond brilliance grading service

2022-07-11 14:22 0

/ Zhaomuntong / 07/11/2022 -- The co-branded radiance certificate will set a new industry standard for the Chinese market

Singapore's main board and Tel AviV-listed Israeli company Sarine Technologies Ltd.(SGX: U77, SARN; Sarine (hereinafter referred to as "Sarine") is pleased to announce the launch of a co-branded Brilliance grading certificate and service in China with NGTC (hereinafter referred to as "NGTC") for more professional and comprehensive testing of diamonds.

Shortly after Sarine and NGTC signed the strategic cooperation agreement in 2019, the COVID-19 outbreak also affected the cooperation process to some extent. However, thanks to the strong support from various jewelry companies and the use of Sarine DiaMension® HD cut scale instrument and Sarine Light™ photometer, NGTC Shenzhen technicians have conducted a large number of experimental tests on diamonds of various cut quality, collected and analyzed data, and actively communicated with Sarine. After careful research and continuous improvement of relevant processes and testing methods, the NGTC enterprise standard "Diamond Brilliance Classification" was finally formulated. At the same time, the two sides have signed a cooperation agreement on diamond brilliance grading service.

Grading diamond visual beauty according to Brilliance, Fire, Sparkle and Light Symmetry based on a new Sarine Light™ photometer standard, Expanding the boundaries of the traditional 4C rating of diamonds, while bringing the accuracy and consistency of diamond grading standards to a higher level. With the NGTC and Sarine co-branded Diamond Brilliance Grading Certificate, consumers will be able to obtain accurate data on the unique beauty of a diamond, see firsthand whether a diamond is "beautiful enough" or "shiny enough", and benefit from higher industry standards. "Despite frequent delays due to COVID-19, NGTC and Sarine have worked together over the past two and a half years to bring a new dimension to the appreciation of finished diamonds to Chinese consumers," said David Block, CEO of Sarine. We value NGTC's commitment to excellence and its drive to stay at the forefront of innovation. "Our alliance will create new experiences for diamond retailers and consumers, bring greater transparency, create a stronger diamond consumer market and jointly promote the development of the jewelry industry in China."

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Ye Zhibin, Chairman of NGTC: "We are pleased to see that after nearly 3 years of unremitting efforts, NGTC and Sarine have made joint efforts to use their respective technical advantages to jointly develop the diamond Brilliance Grading standard for the Chinese market, and launched the diamond brilliance grading service, which makes more accurate grading of the beauty of diamonds and provides more professional and comprehensive evaluation services for the diamond trade. It brings better product experience for consumers. NGTC hopes to work with Sarine in the future to continue to contribute to technological innovation in the diamond industry, lead the industry change through more technological innovation, boost the confidence of diamond consumption, and promote the high-quality development of the diamond industry in the world."

Source: Corporate press release
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