Global general machinery, automotive, energy, medical, rail transportation, molds and machine tools and other industries are inseparable from the tooling equipment. From the future development trend, the global tool market in the next five years is expected to annual growth of 3% to 5%, according to such a growth rate, we are still firmly in the world's first chair. From the point of view of the domestic supply of cutting tools, domestic cutting tools occupy the mainstream position, up to 65%. These years we have also achieved like Zhu drill such excellent enterprises, plus the original four major tool factory, there are about 10 backbone enterprises, are from the traditional tool into the modern tool industry, and the development of a year better than a year, they have entered a period of rapid growth. This is a very good performance.

Data shows that in 2010, China's domestic tool production totaled 29 billion yuan, in addition to supplying the domestic market, the export of tools 7 billion yuan. In the same year, China's total sales of imported and domestically produced cutting tools reached 33 billion yuan, ranking first in the world. The Chinese cutting tools in 2010 grew by 40%, the first three quarters of growth are more than 50%, 2010 foreign tool companies in the domestic sales growth is also very good, no market demand what development cannot be talked about, with the market demand, which is our biggest advantage.