To improve the energy dissipation capacity and construction benefit of prefabricated shear walls， a new type of prefabricated shear wall structure with the function of friction shear resistance and energy dissipation was proposed， and the seismic performance tests were carried out. To make up for the insufficient quantity of specimens and accurately determine the design requirements of the optimal slip load， based on the seismic performance test results of the proposed structure， this paper discussed the establishment method of the corresponding high-precision finite element model. The multi-parameter analysis of structural seismic performance was carried on. At last， based on the finite element analysis results and the working principle of the new prefabricated shear wall， the optimal slip load was determined. The results show that the proposed new prefabricated shear wall has good hysteretic energy dissipation capacity. Bolt preload， steel friction coefficient and total bolt distance have significant effect on the seismic performance of the structure， and they can be used as the main design parameters of the structure. Vertical load， steel plate thickness and steel elastic modulus have little effects and can be ignored. When the slip load is set as the yield load of the wall， the energy dissipation value of the structure model reaches the peak， and the energy dissipation coefficient begins to decrease significantly. Therefore， the yield load of the wall can be determined as the optimal slip load of the structure.