On October 21, 2024, as a leader in China’s investment casting industry, Dawang Metals participated in the 17th Precision Casting Industry Forum, organized by the China Foundry Association. The forum was successfully held in Huizhou, Guangdong, attracting 127 organizations and 216 representatives nationwide, including investment casting companies, research institutions, and buyers. This event served as a platform to explore new industry trends and exchange innovative practices.
This year’s forum focused on the broad prospects of the investment casting industry, particularly in the fields of automotive parts and stainless steel applications. A key emphasis was placed on addressing the growing demand for high-value-added products in the industry. Attendees also engaged in in-depth discussions on achieving green, low-carbon smart production through technological innovation, aiming to propel the casting industry toward higher-quality development. Industry experts noted that the steady growth of China’s automotive sector provides significant support for the demand for precision casting components, while the extensive application of stainless steel materials presents tremendous opportunities for the development of general-purpose components.
During the forum, Mr. Kaibao Wang, General Manager of Dawang Metals, was invited to participate in a panel discussion on “Core Competitive Advantages of Investment Casting Enterprises.” He highlighted that the current export environment demands investment casting companies to enhance production efficiency and reduce costs while maintaining product quality. He emphasized the importance of process upgrades and refined management for the long-term development of companies. Additionally, Mr. Wang shared Dawang’s practices in cost reduction and efficiency improvement, noting that through optimizing raw material procurement and adopting advanced equipment, the company has not only improved production efficiency but also strengthened its market competitiveness.
This forum provided a valuable platform for participating companies to learn from one another, exchange insights, and collaborate, helping all parties gain a deeper understanding of the potential in investment casting regarding technological upgrades, talent development, and market adaptation. Dawang Metals will continue to contribute to the industry’s growth, adhering to a spirit of innovation, constantly pursuing high-quality development, and enhancing the global competitiveness of China’s investment casting industry.
