Foreign Mould Giants "Branch" China Market

The mould manufacturing plant invested and constructed by the international mold giant Belrose of Finland was officially put into use not long ago. The factory was built in full compliance with European and American standards, with an initial investment of 60 million yuan, mainly providing high-end mould products for the telecommunications, healthcare, electronics and automotive industries. , At the same time with test and verification capabilities.

A few days ago at the China Mould Base Industry Upgrading Forum held in Huangyan, Zhejiang Province, relevant experts reminded that the new round of battles for the foreign mold giants to accelerate their entry into the Chinese market have been launched, and the local mold industry has been exposed to the crisis due to “congenitally insufficient”. In the "close competition" with foreign molds, it is imperative for the local mold industry to accelerate the upgrading of technology brands.

Statistics from related departments show that since last year, the transfer of mold enterprises from developed countries to China has accelerated. In May of last year, Mitsui Fuji Automobile Mold Co., Ltd., which was established by Japan’s No. 3 auto mold maker Fujitsu Kogyo Co., Ltd. and Mitsui & Co., Ltd., formally signed a contract in Yantai, Shandong Province; a joint venture was established between Cole Asia and Dongfeng Auto Mould Co., Ltd. “Wuhan Dong Mould Standard Parts Co., Ltd.”, Kohl Asia Company accounted for 63% of the shares. Last July, Japan's ab company engaged in mold manufacturing for the first time and China's Taiwan region personal computer peripheral equipment manufacturers went to Shanghai to build factories, telephone mold products. Mold companies from the European Union, South Korea and Singapore have also organized groups to visit China and seek to enter the region and partners. "Mould manufacturing is the first of all manufacturing, and is known as the 'mother of industry'.

In electronics, automobiles, motors, electrical appliances, instruments, meters, home appliances, and communications products, 60 to 80 percent of parts are molded. An analysis by Dr. Wang Qin of the Institute of Industrial Economics of the Chinese Academy of Social Sciences during an exclusive interview with reporters said that the current manufacturing production base in the world has accelerated its transfer to China, and that China’s manufacturing industry is now entering the high-end upgrade development stage. The demand for high-quality precision molds will continue to increase. As the giants of the developed countries followed the investment molds of foreign investment in China in the mid-1990s, the purpose was to seize the opportunities and to make our country’s local mold industry face the “closest challenge” of advanced foreign technologies and high-quality products. Domestic production space will be squeezed.