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Wangbian Electric's grain-oriented silicon steel capacity utilization rate exceeds 100%

Wangbian Electric announced on June 20th through its interaction platform for investors that its capacity utilization rate of grain-oriented silicon steel exceeded 100% and it basically realized balance between production and marketing. As for grain-oriented silicon steel, the demand is strong both at home and abroad at the moment, but the domestic production capacity is limited. Boosted by the implementation of carbon peaking and carbon neutrality policies as well as the rapid development of new energy and new infrastructure projects, the grain-oriented silicon steel market is expected to be promising overall.