Investment in Automotive Molds

Jun 17, 2023

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It is understood that China's current mold service for the automobile has accounted for about one-third of the total mold production. In this accounting for one-third of the total number of molds, stamping molds account for about half, which shows the important position of automotive stamping molds in the mold industry and the automotive industry. Automobile mold is also Huangyan mold, with the continuous development of mold industry, automobile mold in the domestic mold industry has a pivotal position.
Ten years ago, China's auto mold (Huangyan mold) is mainly based on FAW, Second automobile, Tianqi, Nanqi, Chengfei and Taiwan's mold team as the industry's iconic enterprises, today's auto mold investment is thriving, auto mold enterprises have developed to dozens, and a group of rapidly rising private enterprises have a considerable scale. Both in terms of technology and production capacity, these enterprises have greatly exceeded the iconic enterprises of the year. The development of Huangyan mould in automobile mould in recent years has shown a good trend.
At present, China's auto industry development trend is good, China's auto sales are growing at 26% per year, and the scale of auto parts than the vehicle is larger, 90% of these parts rely on mold production, which is advantageous to promote the development of China's auto mold industry. According to statistics, in recent years, China's mold factory expansion shows a growth trend, the annual new investment of about 700 billion yuan, of which the auto mold factory accounts for about 40%, indicating that the auto mold investment has become one of the main forces of China's mold industry investment.
In 1953, FAW Tools factory began to establish a die workshop, when the design capacity of 320,000 hours per year, mainly responsible for small and medium-sized die manufacturing and large covering die maintenance tasks. In the 21st century, China's automobile mold industry has developed greatly. The design and manufacture of car cover die has the characteristics of high difficulty, high quality and high precision, which is the best embodiment of the level of automobile die.

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