Foundry manufacturers take you to understand

China Business Information Network news: Since 2000, more than the United States, become the global foundry producer, China has maintained a stable position in the world, in 2015, due to changes in the national macroeconomic environment, the total production of castings for the first time negative growth, down 1.30% year-on-year,2016 and 2017, Under the stimulation of downstream demand for automobiles, rail transit, mining and metallurgical equipment, construction machinery, etc., the total production of casting parts in China experienced negative growth for the first time, down 1.30% year-on-year. In 2020, the national production of castings will reach 48.75 million tons.

Foundry manufacturers Source: China Foundry Association, Zhongshang Industrial Research Institute collated.

Casting industry development dilemma.

(1) Limited financing channels restrict the potential for subsequent development.

The foundry industry is a capital-intensive industry, but most of the capital of the foundry enterprises mainly comes from the rolling investment of retained earnings and indirect bank financing, and the financing channel is single, which can not well support the continuous expansion of the enterprise scale, making the implementation of better investment projects difficult for enterprises, and the subsequent development potential is limited.

(2) Lack of scale advantage and industrial chain synergy.

Most small and medium-sized foundry enterprises in China have weak anti-risk ability due to small production scale, backward equipment, low level of process technology, no scale effect, and fierce competition environment. Production and research and development aspects such as casting control and precision machining can form synergies with downstream application industries, which is not conducive to the improvement of the overall competitiveness of the industry.