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In recent years, China's mold industry has accelerated the pace of institutional reforms and mechanism changes, and the industrial structure has become increasingly reasonable. This is mainly manifested in two aspects.
The first is that more and more foreign-funded enterprises see the ever-growing Chinese mold market entering the Chinese mold market one after another. Many internationally-known auto mold companies and injection mold companies have also entered China one after another, and they have entered the Chinese market very rapidly. The speed is very fast. For example, Japan Toyota set up a factory in Tianjin. It takes less than one year to plan, build, and produce. US SEKELY is a large stamping die factory in North America, and built a factory in Shanghai in 2006. The second phase of the project is mainly stamping dies. Magna of North America has built a certain scale of stamping factories in the airport of Tianjin in 2006. In the areas of Guangdong and Shenzhen in South China, Hong Kong capital, Taiwanese capital, and foreign-funded enterprises abound. The total sales volume of molds has become China's largest area. Foreign companies entering the Chinese market not only bring funds to the Chinese market, but also bring advanced technology, equipment and factory management.
In addition, the rise of private mold companies is also a major adjustment in the structure of the entire Chinese mold industry, and private mold companies have dominated the entire mold market. According to general information, in the past few years, people mentioned that auto mold enterprises may think of companies such as FAW, Tianqi, Dongfeng, etc. However, this pattern has now been broken, and more and more private auto mold enterprises have begun to enter. At the front end of the industry, they stepped on the pace of the times and followed the footsteps of the advanced level of international mold development, setting off another wave of boom in the Chinese mold market. Many emerging private mold companies are good at summing up the development process of the entire Chinese mold industry, drawing valuable lessons from them and digesting them into the company's design plans and development strategies. Private-owned mold companies are more free in terms of fund use, prompting them to go faster than state-owned companies in the market. Many private mold companies also attach great importance to the company's brand building, focusing on the enterprise's information construction, focusing on the development of the company's international market, and the realization of the mold of professional production.
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December 21, 2023