China's hardware foundry industry is booming

At present, China's mold industry has formed a number of unique mold industry cluster production base, provides a platform for the scientific development of mold enterprises, the company's ability to innovate has also been continuously improved, with a number of independent intellectual property rights, China's mold enterprises will have in the future Stronger competitiveness. China is a major manufacturing country in the hardware casting mold industry. After years of development, China's hardware casting mold market has thrived, but the high-end products on the market still have large defects, including quality, roughness, precision, structure, etc., and international high-end products. Small gap.

China's mold manufacturing industry has experienced many years of development. The production cycle of the mold industry is higher than the international level, but the product level is relatively low. Luo Baihui, general manager believes that this is mainly due to the accuracy of the casting mold, cavity surface roughness, life and structure. At present, the proportion of technical personnel in China's foundry mold enterprises is low, the level is also low, and does not attach importance to product development, and is often in a passive position in the market.

As China's economy continues to grow, the foundry industry will maintain high growth and drive the development of the foundry mold manufacturing industry. The mold market is extremely active. Due to the low cost of mold production in China, the mold manufacturing technology improves and the quality of molds improves. Not only can the import of molds be reduced, but also it is possible to gradually open foreign markets, and mold exports will have great development.

Under the policy of reform, opening up, and invigoration, private enterprises of small and medium casting molds in China have mushroomed. With the spring breeze of reform and opening up, China's small and medium-sized foundry mold enterprises have been fully developed, and the stage of private enterprises has grown bigger and bigger.

With the development of small and medium-sized private enterprises in China, the contribution of small and medium-sized enterprises to society has become increasingly prominent. In terms of profits and taxes, the taxes paid by SMEs nationwide have become the backbone of local finance. China's foundry mold enterprises are also an important member of these SMEs and have contributed a lot of profits and taxes to our country.

In terms of the number of employed people, small and medium-sized foundry mold companies have obvious advantages over large companies in job creation because of their low investment, flexible operation, low cost, and low skill requirements for workers. These small enterprises have small scale, high efficiency and considerable economic benefits, and have made outstanding contributions to China's economic construction.