the development trend and market prospects of China's injection mold industry.

As global industrial production continues to surge, China's injection mold industry is experiencing rapid growth. According to data from the China Mold Industry Association, the industry's output value reached RMB 80 billion in the first quarter of 2021, a YoY increase of 8.5%. With China's economy gradually recovering, it's expected that the injection mold industry will continue to see robust growth in the coming years, injecting more vitality into the global injection mold market.