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Do you all have a better understanding of knowledge related to molds? The use of molds is extremely important in our production processes, so it is essential that we acquire more knowledge about molds in order to bring more benefits to the development of our industry. Molds are the fundamental process equipment in industrial production, and are known as the “mother of industry”. Currently, in our country, 75% of industrial products that require rough machining and 50% of those that require fine machining are shaped using molds, and the vast majority of plastic products are also formed with the help of molds. As a fundamental industry of the national economy, molds are used in various sectors such as machinery, automobiles, light industry, electronics, chemicals, metallurgy, and building materials, covering a very wide range of applications. The time required for mold design and production in Europe is about 44% faster and 61% faster respectively than in China, yet the cost of mold design and production in China is only 91% of that in Europe. Currently, the international mold industry is highly competitive; over the past two years, the overall price of molds in Germany has dropped by about 1/4. Globalmente, 58% of molds are produced in Western Europe countries such as Germany, while Asian countries such as China account for only a very small proportion. However, at present there is a significant increase in mold production in Eastern Europe, and the production scale in Asia is also set to rise to about 1/5. China’s mold industry has also entered a period of rapid development, but there are still many problems. The development of China’s mold industry shows uneven geographical distribution, with the southeastern coastal areas progressing faster than the central and western regions. The South is developing faster than the North. The areas with the highest concentration of mold production are the Pearl River Delta and the Yangtze River Delta, where the value of mold production accounts for more than two-thirds of the country’s total. Guangdong is currently China’s most important mold market, and it is also the largest province in China for mold exports and imports. The automobile industry is one of the five key industries in China’s national economy. The focus of this industry is on the development of auto parts, economy cars, and heavy-duty vehicles. Auto molds, as a key area for development, have been recognized in the industry policies related to the automobile sector. As our **productivity levels continue to improve, we need to gain a deeper understanding of the knowledge related to products. We believe that as our technical skills advance, our productivity will also see further improvements. Shenzhen Aidely has been specializing in mechanical processing services for 15 years; it handles the processing of mechanical components, precision parts, CNC parts, as well as custom-made mechanical parts (Phone for mechanical processing: 13923703536). Website: http://www.aidely.com