The CNC machine tool industry is rapidly developing

Since the beginning of this year, driven by emerging industries such as humanoid robots and new energy vehicles, orders for industrial mother machines have surged, with particularly strong demand for mid-to-high-end CNC machine tools. With the support of national policies for large-scale equipment upgrades and the replacement of old consumer goods, the domestic CNC machine tool industry has ushered in rapid development. The latest data shows that in 2024, China's metal processing machine tool production value will reach 205 billion yuan, a year-on-year increase of 5.1%. In 2024, new orders and orders on hand for metal processing machine tools will increase by 5.5% and 10.8% year-on-year, respectively