At present, there are many enterprises engaged in mold production in China, but the scale is relatively small, basically all of them are small workshop models, and there is no scientific content. The products produced by small mold companies are basically imitated, resulting in more and more homogenized molds in the middle and low end. Mold companies are facing the problem of overcapacity and inventory backlog. In order to continuously increase sales, mold companies will lower the price of their products. Several mold companies have cut prices, which eventually led to the whole industry in trouble, and the profits of enterprises are getting less and less. When profits continue to shrink, companies have no extra funds for product development.

This has led to a vicious process, such a situation and the low level of science and technology in the entire industry, the continuous price war to make the domestic mold industry in the low-end status of the world mold industry. In order to develop, the mold industry must continuously increase R&D funds, increase scientific and technological content, and produce products with core competitiveness. Strengthening product research and development efforts can truly change the current competition model.

China's mold companies should carry out the technological content of products, from the current price war to the competition of technology. From now on, simply grab the market share and not profit, and become a common share market to make a profit. It is believed that after the transformation of the competition mode by Chinese enterprises, the production level of enterprises can be greatly improved, effectively violating vicious competition and bringing the mold industry to a higher level.