Precision casting has long ranked among the forefront of the global foundry industry and serves as a typical representative of high‑tech sectors. Enterprises engaged in precision‑casting are supposed to set exemplary benchmarks for the whole industry. Naturally, self‑improvement is a prerequisite for delivering such influence, hence priority shall be given to the advancement of precision casting. Its three major future‑development goals are listed below:
First, establish well‑structured, high‑level research‑and‑development as well as training bases integrating industry, academia and research. These bases shall supply skilled professionals to manufacturers on a regular basis and develop new high‑grade casting materials to satisfy the mounting market demand. Meanwhile, efforts for technology export will be gradually scaled‑up.
Second, accomplish the transformation of growth patterns: shifting from labour‑ and resource‑intensive modes toward technology‑ and capital‑intensive operation, and evolving from extensive pollution‑oriented production to eco‑friendly intensive manufacturing. The proportion of premium‑grade materials shall rise rapidly. Both productivity and economic returns of all precision‑casting plants will multiply. Environmental pollution shall be effectively controlled, and an environment‑friendly industrial system for China’s casting materials will take initial shape.
Third, optimise the industrial structure. Phase out small‑scale precision‑casting manufacturers characterised by backward techniques, inferior‑quality products, severe pollution and poor economic benefits. Foster concentrated clusters of specialised "small‑giant enterprises" and "star‑rated enterprises" to realise specialised and large‑scale production. In particular, one or two world‑competitive leading corporations are expected to emerge. Such enterprises shall own advanced technologies, sophisticated process equipment, abundant capital and sophisticated management systems. They can consistently deliver premium casting products and secure substantial market shares.
Should the precision‑casting industry advance in line with the above‑mentioned objectives, it will achieve sustained expansion and growth. In the years ahead, precision‑casting will undoubtedly act as the model and pioneer within the foundry sector.