There are many enterprises engaged in mold production in China

Why is the domestic mold industry always playing a price war? There are many enterprises engaged in mold production in China, but the scale is relatively small, basically all of them are small workshop models, and the technology content is very low. The injection mold speed products produced by small mold companies are basically imitated, resulting in more and more homogenized molds in the middle and low end. Mold companies are facing the problem of overcapacity and inventory backlog.

In order to continuously increase sales, mold companies will lower the price of their products. Several mold companies have cut prices, which eventually led to the entire industry in trouble, and the company's profits are getting less and less. When profits continue to shrink, companies have no extra funds for product development. Long-term price wars within the industry will affect the entire industry. China's mold companies should increase the technological content of their products, from the current price war to the competition of technology.

From now on, simply grab the market share and not profit, and become a common share market to make a profit. It is believed that after the transformation of the competition mode by Chinese enterprises, the production level of enterprises can be greatly improved, effectively violating vicious competition and bringing the mold industry to a higher level.