Sinostar MACH casting has formed a more complete industrial chain, casting products such as automotive parts, moving parts and so on.

1、Overview of Casting

Casting is an indispensable and important part of the development of equipment manufacturing industry, in machine tools, automobiles, instruments, shipbuilding and aerospace and other fields have a wide range of applications. Casting is through the melting of the metal liquid poured into the casting, by cooling and solidification to obtain the required shape and properties of the parts of the production process.

Casting is a commonly used manufacturing method, low manufacturing costs, process flexibility, can obtain complex shapes and large castings, a large proportion of mechanical manufacturing.

2、The Development Background

Castings for oil and gas exploration, wind power generation, mechanical equipment and other areas of equipment production of important raw materials, belonging to the national economy, the basic components industry, is the state to encourage and vigorously support the industry.

“Fourteen-Five” is China's basic industrialization, into the ranks of manufacturing powerhouse at an important stage, China's castings and automotive industry, aerospace industry, rail transportation, equipment manufacturing, energy industry and other coordinated development for the development of the domestic manufacturing industry to play an important supporting role. In recent years, the state issued “on the promotion of casting and forging industry high-quality development of the guiding opinions” “on accelerating the promotion of the development of manufacturing industry green guidance” and a series of policies to encourage enterprises to carry out core technology research and development, improve, the development of advanced casting technology and equipment, enhance the industry's innovation capacity; to promote the optimization of the industrial structure, standardize the supervision and management of the industry to accelerate the industry to the green and low-carbon transformation, driven by industry High-speed development.

3、The Industrial Chain

1, The upper reaches of the industry chain

Foundry industry upstream raw materials are mainly steel, copper, aluminum and other metal raw materials. Iron and steel material price changes have a greater impact on the industry's overall gross margin level. From the downstream application point of view, with the development of social and economic and industrial manufacturing level of innovation, precision casting industry downstream applications continue to expand, has been widely used in instruments and meters, shipbuilding, automotive industry, engineering machinery, oil and gas resources, aerospace and other fields.

2, Industry Chain Downstream

From the industry chain downstream applications, automotive 14.75 million tons, internal combustion engines and agricultural machinery 5.15 million tons, 4.8 million tons of construction machinery, mining and metallurgy 5.2 million tons of heavy machinery, casting pipes and fittings 8.3 million tons, machine tools 2.45 million tons, 2.1 million tons of rail transit, power generation equipment and electricity 2.15 million tons, 350,000 tons of ships, other 6.45 million tons.

 Automotive industry is still the largest demand for users, accounting for 28.5% in 2022, analyze the demand for automotive castings, both passenger cars, commercial vehicles and new energy vehicles, changes in the structure of the car, pay attention to the international market demand for automotive castings.

4、The Casting Industry Development Status

1, The Global Casting Production

Casting is an important and indispensable part of the development of the equipment manufacturing industry, machine tools, automobiles, instruments and meters, engineering machinery, shipbuilding, aerospace and other high-end manufacturing fields have a wide range of applications. The current casting industry development is more mature, the future development trend tends to be stable, from the casting production point of view, the global casting production in the past ten years are maintained at 110 million tons or so. 2019-2020 by the impact of the global new crown epidemic, the casting production appeared to be a significant decline, with the weakening of the impact of the epidemic as well as the gradual recovery of the downstream demand side, the global casting production in 2022 will reach 110 million tons.

2, The Global Casting Production

Sub-regional point of view, in recent years, with the international industrial division of labor and industrial transfer, the global industrial chain is constantly reconstructed, emerging economies to undertake the international industrial transfer, casting industry development is rapid, China, India, Brazil and other emerging economies of the casting production capacity has been among the world's top ten, in particular China's casting production for 22 consecutive years has ranked first in the world. 2022 China to 51.705 million tons of castings. In 2022, China ranked first in the world with 51.705 million tons of castings, accounting for about 50.87% of the global castings production. At the same time, China's castings export amount is huge, is one of the world's largest casting exporters.

3, China's Total Output of Castings

China's foundry industry has formed a more complete industrial chain, casting production perennial top. According to the China Foundry Association released the “2022 China Foundry Industry Data”, China's total output of all types of castings in 2022 was 51.7 million tons, a year-on-year decline of 4.3%. Influenced by the fluctuation of the downstream host industry and the trade friction between China and the United States, the new crown epidemic and other factors, the growth of casting production continued to slow down, but in the context of the continued investment in the country's new infrastructure, China's casting production as a whole has maintained a stable development.

4, China Gray Iron Castings Production

Gray iron castings by virtue of its good casting performance, vibration damping, wear resistance, cutting performance and low gap sensitivity, has always occupied an important position in China's casting market.Since 2015, China's gray iron casting production showed a shock trend, generally maintained at more than 20 million tons, and accounted for the proportion of the national casting total output has always been maintained at more than 40%.2022, the national gray cast iron Castings production of 21.2 million tons.

5、Casting Industry Development Trend

1, Industry concentration, towards scale, intensive direction of development

At present, although the number of enterprises in China's foundry industry is still relatively large, but with the domestic casting market stabilized in recent years, coupled with the increasing strength of national environmental protection supervision, a considerable number of poor production equipment, inefficient and high emissions of small-scale foundry enterprises gradually lost the space for survival, the current number of enterprises compared to the “thirteen-five” at the beginning of the has been significantly reduced. Decrease, the average size of enterprises has improved. According to the China Foundry Association released the “foundry industry,” the 14th Five-Year “Development Plan”, the annual casting output of more than 10,000 tons of enterprises more than a thousand, more than 50,000 tons of nearly 200 enterprises, the trend of industrial concentration is obvious, the entire foundry industry is moving towards scale, intensive direction.

2, Industrial transformation and upgrading, towards intelligent, digital direction of development

With the current artificial intelligence technology and the continuous updating and iteration of digitalization level, a new generation of information technology and industry, the deep integration of manufacturing has become a development trend. Through the combination of advanced technology and modern machinery and equipment, digital and production management, such as 3D printing intelligent equipment, digital production workshop, etc., can effectively reduce labor costs, improve product quality, reduce energy and material consumption, improve production efficiency, improve the labor environment, and ultimately promote the upgrading of industry.

3, “Green Casting” concept has become an industry consensus

With China's economy from high-speed development to high-quality development, the production of environmental protection work has higher requirements. In order to adapt to the industry's energy saving and sustainable development needs, the state has promulgated a series of laws, regulations and pollutant emission standards, especially the ecological environment of the key areas of the more stringent requirements. Over the past few years, China's corporate environmental management investment has increased significantly, the overall level of environmental management has improved significantly, part of the casting enterprise environmental management level has been in the forefront of the world counterparts, “green casting” has become one of the important goals of the industry enterprises to pursue. At the same time, the industry to improve the level of environmental governance can also eliminate a considerable number of backward production capacity can not meet the requirements of environmental governance, so as to further optimize the industrial structure.