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China Die Casting Factory'S Profit

Update:24 Feb 2021

The die-casting industry in our country started late, so everything needed to rely on foreign countries at the beginning. At present, my country's die casting molds are self-sufficient, with China die casting factory and die casting association as the main organization, organizing production, collaboration, and technical services, and actively developing specialized production of die casting molds. At present, only a few large precision die-casting molds are imported together with the die-casting equipment.

Because die castings have the characteristics of multiple product types and customization, the company's profit level is affected by factors such as product structure, downstream customer demand, and process manufacturing level. Generally speaking, companies with lower technical levels and smaller production scales are more competitive, and their bargaining power is relatively weak compared to upstream and downstream. When major raw material suppliers raise prices, these die-casting companies generally cannot The cost of raw material price increases are passed on to downstream customers. Enterprises with technological advantages and production scale advantages have a stronger ability to pass on costs and maintain a relatively high-profit margin.

So in general, the prospects of China's die casting industry are still good, and the sales of common die castings like aluminum die casting are generally good.

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