Diamond wire "cuts" out a market worth billions

       In fact, diamond wire's application in cutting sapphire and monocrystalline silicon slices is not its only "capability". Driving technological innovation in the cutting field for such hard and brittle materials is the significant mission that this "slender body" of diamond wire shoulders.

       According to PMSI's consulting analysis, apart from its primary application in cutting sapphire and crystalline silicon wafers, diamond wire has seen an expansion in both the types and scope of its cutting applications in recent years, driven by continuous innovation in downstream new material applications.

       Analysis indicates that zirconia ceramics have begun to be applied on a large scale to fingerprint recognition module patches and smartphone backplanes in the field of consumer electronics. The supplementation and even substitution of zirconia ceramic backplanes for metal backplanes have created new market opportunities for the large-scale application of diamond wires in ceramic cutting.

       Analysts from iResearch also pointed out that diamond wire will be the mainstream cutting tool in the field of hard and brittle material cutting in the future, and the industry market has huge potential.

       Facing the vast potential of the future industry market, the company, as disclosed in its prospectus, aims to maintain its leading market position domestically in the sapphire and solar photovoltaic sub-markets within three years. It also aspires to establish a high-end customer base and achieve internationalization of its national brand.

       In addition, it has expressed its intention to further replace imported similar products in the domestic market for professional tools for cutting hard and brittle materials and related fields, thereby becoming a leading comprehensive service provider of consumables for processing hard and brittle materials.

        "Looking ahead, Daili's product line will extend to supporting and upstream and downstream industries, forming multiple flagship products around the industrial chain. The phased goal is to be listed on the capital market, ultimately realizing the vision of becoming a 'world-class integrated service provider for hard and brittle material processing consumables'," he said in an interview with the media in June.

        Looking back now, the "phased goal" of listing in the capital market has been achieved, and its ultimate vision is also eagerly anticipated.

        According to media reports, industry insiders who have long been tracking the diamond tool sector have analyzed that the listing of [company name] will have profound strategic significance for the expansion and improvement of its existing business. "On the one hand, the company's existing production capacity and technological research and development capabilities will be greatly enhanced; on the other hand, the implementation of the fund-raising projects will help enhance the company's core competitiveness, improve profitability, and achieve its development strategic goals."