On the morning of July 31, the opening ceremony of the first phase of the company's annual production of 3.6 million kilometers of cutting resin diamond line project was held in Henan Xinda New Material Co., Ltd. of Kaifeng Fine Chemical Industry Park. Sun Jigang, member of the Standing Committee of the Municipal Party Committee and deputy mayor, and Masahiko Ikei, President of Japan TKX Co., Ltd. attended the launching ceremony. Henan Xinda New Materials Co., Ltd. is one of the leading companies in the field of solar wafer wafer cutting materials in China. It is dedicated to the research and development of cutting materials and cutting new materials in the field of new energy and new materials. The newly-launched cutting resin diamond wire project introduces the leading technology of Japan TKX Co., Ltd., and exclusively develops new products for cutting resin diamond wire in China, and the project technology has reached the international advanced level. After the project with a total investment of 460 million yuan is completed and put into production, it can realize an annual sales income of 540 million yuan, a tax benefit of 240 million yuan, and an annual tax payment of 110 million yuan.
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