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China's mold industry accounts for about one-third of the global output and consumption.

China's mold industry accounts for about one-third of the global output and consumption.

Information released at the 19th China International Mold Manufacturing Technology and Equipment Exhibition and the 2019 Shanghai International Auto Mold and Forming Equipment Exhibition, which opened in Shanghai on June 11: China's mold consumption reached 255.5 billion yuan in 2018, accounting for about one-third of the world's mold consumption, and its mold output also accounts for more than one-third of the world's total mold output.

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Current Status and Development Trend of China's Die and Mold Industry

Current Status and Development Trend of China's Die and Mold Industry

As the foundation of modern industry, mold technology has been widely used in automobiles, energy, machinery, and other fields. In electronic products, automobiles, televisions, electrical appliances, instruments, meters, home appliances, and communications, 60%-80% of the parts rely on mold forming. The high precision, high complexity, high consistency, high productivity, and low energy consumption of using molds to produce parts are unmatched by other processing and manufacturing methods. The mold industry is also a "profit amplifier" for the manufacturing industry. The value of the final products produced using molds is often dozens or even hundreds of times higher than the value of the molds themselves.

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There are 25,000 mold manufacturing enterprises in China, with sales exceeding 170 billion yuan.

There are 25,000 mold manufacturing enterprises in China, with sales exceeding 170 billion yuan.

Xinhua News Agency, Guangzhou, August 16 (Reporter Zhou Ke) Wu Bing Shu, executive vice president of the China Die & Mould Industry Association, said in Chang'an Town, Dongguan City, Guangdong Province on the 16th that China has 25,000 die and mold manufacturing enterprises, with more than one million employees and sales exceeding 170 billion yuan.

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When selling a pair of glasses only earns two yuan, offline glasses stores begin to look for new business

When selling a pair of glasses only earns two yuan, offline glasses stores begin to look for new business

The success rate of opening traditional eyewear retail stores is getting lower and lower. "Opening stores in high-traffic areas doesn't increase customer numbers." "Participating in online group buying for online traffic generation only earns 2 yuan per pair of glasses." Recently, many regional eyewear retailers have complained about the current state of the industry at an optometry forum, and this is also a common pain point for many offline eyewear stores during their transformation period.

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2022

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Domestic consumer-grade AR glasses sold over 20,000 units during Double 11, officially ushering in the era of spatial computing

Domestic consumer-grade AR glasses sold over 20,000 units during Double 11, officially ushering in the era of spatial computing

In recent years, there has been less and less eye-catching news during the Double 11 shopping festival. The reasons are mainly that platform growth has reached its peak, single-product bestsellers are hard to come by, and people are tired of live-stream shopping. However, during Double 11 in 2023, there was a truly explosive piece of news in the consumer electronics field: Rokid announced that it had received a record-breaking 20,000 orders for its AR product.

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AR glasses, parcel analysis systems... "black technology" speeds up Double Eleven delivery

AR glasses, parcel analysis systems... "black technology" speeds up Double Eleven delivery

This year's lively "Double Eleven" shopping festival has come to a close. During major e-commerce shopping festivals, the logistics industry is even busier than the merchants themselves. Data monitored by the State Post Bureau shows that from November 1 to 11, 2023, postal and express delivery companies across the country handled a total of 5.264 billion parcels, a year-on-year increase of 23.22%, with an average daily volume 1.4 times that of usual days. On November 11 alone, 639 million parcels were handled, 1.87 times the usual daily volume, and a year-on-year increase of 15.76%.

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