From a global perspective, the die casting industry is fully competitive. Die-casting companies in developed countries have a long operating history, and individual companies are larger in scale and highly specialized. They have strong advantages in technology and customer resources, but their growth is average. However, China lead die casting succeeds in occupying its place by the technology and quality of its products.
The gross profit margin of domestic aluminum alloy die-casting enterprises is generally higher than that of foreign counterparts, due to the following factors: 1) The rise of new energy vehicles has led to the reconstruction of the corresponding supplier system. The Chinese market is the world's largest new energy vehicle market, accounting for half of the global production and sales of new energy vehicles. 2) China is the main source of raw materials, and the procurement cost is low. China's Yangtze River Delta and Pearl River Delta regions are the regions with the most mature raw materials and supporting facilities for auto parts; 3) Engineer dividends. Thanks to the bonus of engineers, the labor cost of aluminum alloy die-casting enterprises is lower than that of developed countries such as Europe and North America, and the efficiency is higher than that of developing countries such as Latin America and Southeast Asia.
In any case, the quality of products produced by the China zinc die casting manufacturer has strict requirements, so it is guaranteed. chinaweilong.cn