The high-end atmosphere of automotive molds is the only way for mold companies to develop.

According to the statistics of the media, China's key backbone mold enterprises have reached nearly 110, of which stamping dies account for about 37%. These data have effectively proved that China has become a big country in auto mold manufacturing.

The development of China's auto molds is not so ideal. The high-end auto mold companies' technical standards are not up to standard, the technological innovation ability is low, and the new type molds lack of R&D capabilities all restrict the development of China's auto mold industry. Automotive mold companies cannot produce molds that match the high-end market. Molds needed for high-end automobile manufacturing must also rely on imports. However, domestic high-end mold companies occasionally have to change their initial market position to seize medium and low-end markets because of insufficient production load.

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Multi-position progressive die and precision die represent the development direction of the stamping die, with high precision requirements and long life requirements, mainly for the electronic information industry, automobiles, instrumentation, electrical appliances and other supporting facilities. The country already has a fairly basic foundation and has introduced foreign technology and equipment. The products produced by individual companies have reached the world level, but most of them still have a large gap, and their total supply is also in short supply and imports.

The high-end line of China's auto molds is the only way for mold companies to develop. The market demand and development have also prompted the development of large-scale multi-position progressive molds for other large and medium-sized stamping parts.

According to the "Analysis of Production and Sales Demand Forecast and Transformation and Upgrading Report of China's Auto Mould Industry 2013-2017" released by the Forward Industry Research Institute, the output value of China's mold industry exceeds 100 billion yuan, and the automotive industry is one of the major downstream applications of the mold industry. One-third of mold products serve the automotive industry, and the proportion of future mold services to the automotive industry will continue to increase.