Yuan Shi New Materials Shenzhen Stock Exchange submitted a prospectus

The diamond wire saw produced by Yuanshi New Materials, referred to as diamond wire, is widely used in the photovoltaic industry. It is a high-strength cutting steel wire with a layer of diamond abrasive particles consolidated on the surface. It is used for cutting single crystal/polycrystalline silicon, sapphire, gallium arsenide, Hard and brittle materials such as magnetic materials and crystals have the advantages of high-speed cutting, environmentally friendly production, and low cost. Compared with similar foreign products, they have an absolute cost-effective advantage, forming an obvious barrier to competition. Today, Yuan Shi Xincai submitted the prospectus to the Shenzhen Stock Exchange.

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