The mechanical casting industry in China is in a good state of development. With the vigorous development of the automotive, aerospace, and medical industries, it has provided a broad development platform for the domestic machinery foundry industry. The mechanical foundry industry has progressed steadily in the traditional market while actively exploring new markets. At present, China's mechanical casting industry is moving in the direction of high product quality and lower manufacturing costs.

The demand for stainless steel hardware in China is increasing. With the continuous improvement of China’s economic status and the continuous development of China's hardware industry, China’s hardware products are also increasingly exported to other countries. The increase in overseas demand has directly driven the products of China’s domestic foundry companies. Increase in production. At present, China's hardware bearings have formed a large economic scale, but due to the promotion of development methods, industrial structures, independent innovations, and brand building, domestic demand has been boosted, and basic machinery casting industries such as precision bearings with strong radiating effects have been adopted as The key industries for the development of the "Twelfth Five-Year Plan" will strive to bring them up to or near the international advanced level.

It is expected that with the support of the policy, by 2015, the sales volume of the high-end bearing foundry industry will reach 222 billion yuan. The domestic high-end bearing casting industry is shouldering the challenge of the important mission of localization of high-end equipment in China, and considering the excellent R&D, casting, and innovation capabilities of Axis, we believe that in the future, it will be able to support the heavy responsibility of localization of major equipment in China.

Under the guidance of the Twelfth Five-Year Plan, China's high-end bearing foundry industry has formulated an industry development plan. Formulated guidelines for the development of the domestic mold industry with projects and exporting two carriages. Driven by various developments in rail transit, medical equipment, new energy, aerospace, automotive lightweighting, and rail transit, China's bearing casting industry has significantly improved its level. Bearing foundry industry in the traditional market stability while advancing actively to explore emerging markets, and even the marginal market has been neglected in the past have also been developed, these factors make the mold market to achieve significant results.

The shift of global manufacturing focus to China has provided a strong impetus for the development of China's bearing foundry industry. It has also raised higher and higher requirements for domestic high-end bearing manufacturers. At present, China's bearing casting industry must focus on improving product quality and reducing manufacturing costs, and realize a strategic shift from "big" to "strong."