Major listed companies in the diamond wire industry:Sanchao New Materials (300554), Dale New Materials (300700), Yellow River Whirlwind (600172), Stellar Technology (002132), Yicheng New Energy (300080), Meichang (300861), Tony Electronics (603595), Yujing (002943), Gaoce (688556), etc.
Analysis of the current situation of the development of the industry
2023 Post Sprint Competition
- Shipments
In 2020, the shipments of China's main diamond wire merchants will be about 70 million kilometers. With the growth of China's photovoltaic silicon wafer production, diamond wire shipments have also maintained growth, with the shipments of major leading manufacturers approaching 90 million kilometers in 2021. According to preliminary statistics, shipments in 2022 will be 1More than 700 million km.
Note: The above-mentioned diamond wire shipments only count the shipments of 7 companies: Sanchao New Materials, Dale New Materials, Stellar Technology, Meichang Shares, Gaoce Shares, Jiangsu Jucheng and Yuanshi.
-- Demand
In 2021 and 2022, China's PV wafer production reached 227 and 357GW, respectively. Combined with the data of the international energy network for single GW line consumption in 2021 and 2022, the demand for diamond wire for photovoltaic in China will reach 0 in 2021 and 2022 respectively7.7 billion km and 17.9 billion km.
Note: According to data from the International Energy Network, the unit consumption of diamond wire in 2021 will be 340,000 km GW, and preliminary statistics will be 500,000 km GW in 2022.
Analysis of the market competition pattern
- Competitive echelon
From the perspective of the competition echelon of the diamond wire industry, Yicheng New Energy, Yellow River Whirlwind, and Stellar Technology have a registered capital of more than 1 billion yuan, which is in the top positionThe registered capital of Meichang shares and Gaoce shares is between 3-1 billion yuan, which is in the first echelon;The registered capital of Dale New Materials, Sanchao New Materials and Tony Electronics is between 100 million and 300 million yuan, which is in the second echelon.
- Regional heat map
From the perspective of regional distribution, China's diamond wire production enterprises are mainly distributed in Henan, Shaanxi, Jiangsu, Shandong and other provinces, among which there are more diamond wire listed companies in Henan, mainly the Yellow River Whirlwind, Stellar Technology, and Yicheng New Energy.
Industry development prospects**
- Demand**
Diamond wire cutting has low loss, which reduces the cost of photovoltaic silicon wafer manufacturers and has become an indispensable production tool in the photovoltaic industry. China's photovoltaic industry has great potential for future development, and the output of photovoltaic silicon wafers is expected to grow rapidly, and the average line consumption per chip of diamond wire is increased by larger and thinner silicon wafers, which promotes the demand growth of diamond wire. By 2028, the demand for diamond wire for photovoltaic in China is expected to exceed 4700 million km.
For more research and analysis of this industry, please refer to the Prospective Industry Research InstituteAnalysis report on market prospect and investment strategic planning of China's diamond wire industry》。At the same time, the Prospective Industry Research Institute also provides solutions such as industrial big data, industrial research reports, industrial planning, park planning, industrial investment, industrial map, smart investment promotion system, industry status certification, IPO consulting, fundraising and investment feasibility study, and IPO working paper consulting. To quote the content of this article in any public information disclosure such as prospectus and annual report, formal authorization from Qianzhan Industry Research Institute is required.