NewswireToday - /newswire/ -
Beijing, China, 2011/08/10 - ResearchInChina, the vertical portal for Chinese business intelligence, announces the release of a new report – China Mould and Die Industry Report, 2010-2011.
In 2010, the mould & die output of China saw slight increase to 9.82 million sets comparing to the 9.7 million ones in 2009, with the export value totaling USD2.196 billion, up 19.15% over the preceding year, realizing trade surplus for the first time. However, China is much dependent on imported high-end mould & die products because of the restriction in technology.
Regarded as the “mother of industry”, mould/die is widely applied in automotive, instrument and meter, home appliance, aerospace and petrochemical industries. In China, it is largely applied in auto and IT markets. Auto moulds & dies consist of body panel and tire moulds & dies. The boom of auto industry is the driving force of the fast-growing development of China’s auto mould & die industry. Chinese heavyweights in the industry include Sichuan ChengFei Integration Technology Corp. Ltd., Tianjin Motor Dies Co., Ltd., Guangdong Greatoo Molds Inc., etc.
IT moulds & dies are composed of consumer electronics, OA equipment and semiconductor moulds & dies. IT mould & die industry has become the second largest mould & die sector of China exceeding home appliance mould & die sector in the wake of robust advance of IT industry. Chinese heavyweights in the industry include Shenzhen Changhong Mold Technology Co., Ltd., MITAC Precision Technology (Kunshan) Ltd., etc.
The report conducts a brief introduction about China’s mould & die industry, market segments, highlights the regional development concerning the industry. In the end, it attaches great importance to top 15 mould & die manufacturers of China.
Tianjin Motor Dies Co., Ltd. is the only domestic auto body panel mould & die manufacturer that realizes large-scale export. In late 2010, the company launched a 1,000-standard-set top-grade sedan body panel mould & die digital manufacturing project, which, upon its full production in 2013, will increase the company’s auto body panel mould & die capacity to 3,100 standard sets.
Guangdong Greatoo Molds Inc. boasts the largest auto meridian tire mould & die producer in China. In 2010, its revenue hit RMB371 million, accounting for 65.43% of the operating income with the market occupancy surpassing 25%.
Shenzhen Changhong Mold Technology Co., Ltd. is mainly involved in businesses of precision plastic mould for OA equipment and plastic injection for medical devices. In 2010, the operating income of the company realized RMB286 million, up 55.25% year-on-year. In 2010, it raised RMB245.7 million for the technology upgrading and capacity expansion of OA products and medical products.