

Minshen shares selected for the 2023 Suzhou City preliminary project list for frontier technology research and technological achievements transformation
Recently, the Suzhou Municipal Bureau of Science and Technology announced the "List of Proposed Projects for 2023 Suzhou Frontier Technology Research and Technological Achievement Transformation (Digital Innovation, Equipment Manufacturing, Advanced Materials)", and Minsin's project, "Research and Development of High-Precision Waterproof Pressure Sensors Suitable for High-Altitude and Deep-Water Pressure Detection", was included in the list.
As an important component in MEMS sensors, pressure sensors are widely used in automobiles, consumer electronics, wearables, the Internet of Things, medical devices, and aerospace. According to the latest report from Yole Développement, the MEMS pressure sensor market is growing at a rate of 3.8% per year, and the market size will reach 14 billion RMB in 2023.
Currently, the waterproof pressure sensor market is still dominated by several large foreign companies. Domestic startups started late and have limited survival space. However, with the rapid development of the domestic Internet of Things and smart wearable markets, local manufacturers are striving to break the foreign monopoly.
Through years of MEMS technology accumulation and innovation, Minsin's waterproof pressure sensor products have filled the gap in related domestic fields. In particular, high-range and high-precision sensor products can directly compete with international first-class products, and even achieve higher accuracy.
For many years, Minsin has always focused on innovative research and development, continuously deepening the autonomy, stability, and sustainability of its full industrial chain development. Through a comprehensive innovation strategy encompassing technological innovation, product innovation, service innovation, and process innovation, Minsin continuously explores brand value and connotation. It maintains a high level of R&D intensity, empowering the company's independent innovation, achieving deep cultivation in technology, industry, and market, and continuously promoting the transformation of scientific and technological achievements.

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