Technological and industrial history of China

China is labeled as “The World’s Factory”. The trends make more and more “World companies” producing in China, sourcing in China. According to data published by the United Nations Statistics Division, China accounted for 28 percent of global manufacturing output in 2018. The advantage of lower cost on labors helps, more important the integral Business Ecosystem plays a big part. Industrial production does not take place in isolation, but rather relies on networks of suppliers, component manufacturers, distributors, government agencies, and customers who are all involved in the process of production through competition and cooperation. The business ecosystem in China has evolved quite a lot in the last 30 years.

Shenzhen, the city bordering Hong Kong in the southeast, has evolved as a hub for the mechanical & electronics industries. It has cultivated an ecosystem to support the manufacturing supply chain, including component manufacturers, fully trained workers, a technical workforce, assembly suppliers, and customers.

■ Tooling industries in China

In 1992, with the implementation of the reform and opening policy more and more international groups set up their manufacturing plant in China. As a supporting industry, tooling industries was moved to China. Guangdong Province has extremely favorable advantage. Guangdong is adjacent to Hong Kong, with many ports and well-developed transportation. It quickly attracted mold companies and talents. Factories from Hong Kong, Taiwan, and Japan have landed in Guangdong. Such a group of companies have brought advanced mold technology and trained a large number of mold talents.

■ You can make a profit

American companies like Apple Inc. (AAPL) take advantage of China’s supply chain efficiencies to keep costs low and margins high. Foxconn Technology Group (a Taiwan-based manufacturer of electronics) has multiple suppliers and manufacturers of components that are at nearby locations. For many companies, it’s economically unfeasible to take the components to their headquarter. to assemble the final product.

■ Our History
FIT PRECISION MOLD CO., LTD was found in 2004, a professional supplier of plastic injection mold and plastic injection products, including the molds for auto parts, medical equipment, tooling for household appliances, electronic & industrial products and consumer products, etc. We focus on contract manufacturing, such as OEM and ODM, providing following services with capabilities of different material application and processing which including tooling (mold) making, plastic injection molding, die casting, metal stamping, CNC machining, etc. We provide an integrated service to our clients, from prototyping, tooling making , products manufacturing, surface treatment, PCB fabraction, products assembling and packing.

■ Our Factory

FIT PRECISION MOLD CO., LTD currently employs 215 people of which 50 are qualified and experienced tooling, molding engineers. Our company integrates CAD/CAE/CAM to augment its efficiency and quality largely. With this, the engineering experts can provide our clients best solution though reasonable design and right process in order to save time & cost for clients.

■ Our Product
Product development assisting & consulting, prototype, injection tool / mold making, die casting tool / mold making, stamping die making. Plastic injection molding, die casting molding, metal stamping, CNC machining and OEM making.

■ Product Application
Automotive parts, electronics, medical parts, household appliances, industrial products, consumer products and mobile products, etc.

■ Our Certificate
ISO 9001: 2008.

■ Production Equipment
Equipment List.

■ Production Market
Our molds and products are mainly exported to North America, Europe and Australia. The medical, automotive and electronic products we produced occupy a certain market in this area. And we have established a good cooperation relationship with some giants in medical, automotive and electronic products, such as Erba, BMW, Toyota, GE, Philips and so on.

■ Our Service
Working Flow.