Technical cost advantage leads the industry tire mold industry development prospects

Industry trends make heroes
The development prospects of the tire mold industry are clear. Luo Baihui, head of the International Association of Mould & Hardware Plastics Industry Suppliers, believes that the increase in the meridian rate of China's tires will greatly increase the demand for radial tire molds. The shift of tire manufacturing capacity to China will drive China's tire mold market to maintain rapid growth. The tire inventory demand and renewal demand brought by the development have provided a huge market space for the development of the industry.
According to Luo Baihui, secretary general of the International Model Association, in 1997, China's first CNC mold EDM machine tool for tire molds was born in Haomai. Since then, the company has developed a special CNC engraving machine for tire molds, CNC lathes, electrode milling machines and related Software, etc., marks that China's tire mold manufacturing industry has entered the era of CNC mechanized production.
After 15 years of steady development, Haomai Technology has formed an industrial system serving the tire industry, including: high-end tire molds, giant tire vulcanizers, molding drums, tire mold special manufacturing equipment and natural rubber equipment.
The largest tire mold manufacturer in China
In 2002, the company took full advantage of its significant advantages in the tire mold machinery manufacturing industry and entered the tire mold manufacturing industry, becoming the world's largest tire mold manufacturer in just eight years. Steel and aluminum molds can be manufactured by EDM, precision-casting aluminum and engraving. The tire molds produced by the company have won high praise from customers at home and abroad for their high precision and short construction period. Sitong, Michelin of France, Goodyear, Continental, and Itochu, Japan, have cooperated with five Fortune 500 companies.
In 2010, Haomai Technology's tire mold production capacity reached 4,500 sets, with a market share of about 27%. It is a professional tire mold manufacturer with complete product range and largest scale in the industry. After the fundraising project is put into production, the company's production capacity and revenue will doubled, which will further stabilize the leading position in the industry and become the leading domestic tire mold leader.
Technology leadership plus cost leadership strategy leading the industry
In 2004, the company established Shanghai Haomai Mould Co., Ltd. in Shanghai to provide close-range, all-weather mold repair services for tire manufacturers south of the Yangtze River.
In 2006, the company successfully developed a car tire stagnation system, which can effectively prevent the car from suddenly turning when the car tire suddenly bursts, avoiding major traffic accidents, and has great social and economic value.
In 2007, the company successfully developed a giant tire hydraulic vulcanizing machine, which filled the domestic gap and the technology reached the international advanced level.
In June 2008, the company was changed to Shandong Haomai Machinery Technology Co., Ltd. The listing work has been carried out since then and is currently in the stage of approval.
At the end of 2009, based on the introduction of Japan's advanced precision casting aluminum mold technology and equipment, the company has innovated and upgraded and successfully developed precision-cast aluminum molds. The product performance indicators have reached the international advanced level and have been highly recognized by internationally renowned tire manufacturers.
Since 2008, the company has ranked first in the “China Rubber Industry Association Mould Branch Sales Revenue List” and was elected as the chairman unit of the Mould Branch by the China Rubber Industry Association on March 15, 2010. It ranked Forbes in early 2010. Ranked 10th in China's Most Promising Enterprise List, and won the following honorary titles: national high-tech enterprises, China's tire mold key enterprises, Shandong radial tire mold engineering laboratory, Shandong Province certified enterprise technology center, Shandong Province outstanding Private technology enterprises, Shandong patent star companies.
The company's original special EDM machine for tire molds has filled the domestic gap and led the domestic tire mold industry from manual operation to the era of automation and numerical control. The company has achieved significant advantages in terms of lowering the cost and making the gross profit margin higher than that of its peers.

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