According to a research report released by CICC on March 15, automotive molds, as the mother of automotive technology and benefit amplifier, have seen steady growth in the industry. Molds refer to tools that force metal or non-metal molding through processes such as injection molding, blow molding, extrusion, die casting or forging, smelting, and stamping in industrial production. According to the process, stamping molds are one of the main types. According to the application, the automotive manufacturing industry is the main application field. Stamping molds and the automotive industry are closely related to each other. Passenger cars are accelerating their replacement under the trend of new energy, supporting the growth in demand for automotive stamping molds; mold companies are upgrading their technology and integrating services. The company conservatively estimates that the value of stamping molds per vehicle will remain basically stable; the company estimates that the domestic passenger car stamping mold market will be 47.5 billion yuan in 2022 and is expected to reach 81.8 billion yuan in 2027, with a five-year CAGR of 11.5%.