NEWS

Policy Description:

Recently, the Ministry of Industry and Information Technology, the National Development and Reform Commission, and the Ministry of Ecology and Environment jointly issued the "Guiding Opinions on Promoting the High-Quality Development of the Casting and Forging Industry".

The Opinions propose that by 2025, advanced casting and forging technologies such as integrated die casting, moldless casting, and lightweight high-strength alloy lightweighting will be industrialized; by 2035, the overall level of the industry will enter the international advanced ranks, and a cluster of advanced manufacturing industries with international competitiveness will be cultivated. At the same time, in terms of improving the industry's innovation capabilities, the Opinions propose to focus on developing advanced forging processes and equipment such as high-speed stamping of precision structural parts and deep drawing of ultra-high-strength sheet metal; in terms of accelerating the green development of the industry, it proposes to promote the application of casting waste sand regeneration treatment technology, and the recycling and utilization of waste metal.

This guiding opinion covers a wide range, including advanced basic processes and equipment, and key basic materials in the casting and forging industry chain, and many companies are expected to benefit.

▍ The policy actively promotes the high-quality development of the casting industry, and the acceleration of integrated die casting is expected.

The Opinions propose the development of advanced casting processes and equipment, covering a wide range, and companies related to the casting industry chain are expected to benefit. Specifically, the Opinions emphasize the industrial application of advanced technologies such as integrated die casting by 2025. We believe that integrated die casting has significant advantages in cost reduction and efficiency improvement. For the first time, it has received national-level policy guidance and promotion as a specific technology, which is of great significance. The industry trend and application goals are further clarified, and the slope of penetration rate is expected to become steeper. The Opinions also propose to accelerate the green development of the industry, promote the application of casting waste sand regeneration treatment technology, and the recycling and utilization of waste metals, which will benefit companies in the recycled metal sector.

▍ Advanced forging processes and equipment are also a development focus, and the corresponding core enterprises are expected to benefit and lead the industry development.

The Opinions propose that improving the industry's innovation capabilities and supporting the development of high-quality enterprises are key tasks. Among them, the focus is on developing advanced forging processes and equipment such as high-speed stamping of precision structural parts and deep drawing of ultra-high-strength sheet metal, which will help to promote the improvement of precision structural part stamping processes and equipment upgrades, improve the industry's overall quality and core competitiveness. At the same time, the task goal of cultivating a group of leading manufacturing enterprises with core competitiveness in fields such as automobiles, internal combustion engines, and energy power equipment will help leading enterprises in the industry to continuously improve their core competitiveness and operating scale, and fully play the leading and backbone role of core enterprises in the industry chain.

▍ Risk Factors:

Policy support is less than expected; industry development is less than expected.

▍ Investment Strategy:

The policy actively promotes the high-quality development of the casting and forging industry, and core enterprises are expected to benefit.