Automotive Mould Companies

Automotive mould companies are enterprises that provide automotive tooling design, manufacturing, and engineering services to vehicle manufacturers (OEMs) and component suppliers. Often hailed as the "Mother of Industry", automotive tooling serves as the foundational manufacturing equipment for automotive parts production. A single passenger vehicle requires over 2,000 sets of various moulds throughout its manufacturing lifecycle, covering the forming and fabrication of core components such as body panels (skin panels), interior and exterior trims, powertrains, and chassis structural parts. In the automotive supply chain, tooling manufacturers occupy a pivotal technological position—mould precision, durability, and operational stability directly dictate component quality consistency, vehicle assembly tolerances, and production takt time, serving as the crucial link connecting automotive styling design with mass production.

Main Classifications

By product category, automotive moulds are primarily segmented into stamping dies (for stamping and forming body panels and structural parts), injection moulds (for moulding interior and exterior plastic components), die-casting moulds (for integrated high-pressure die-casting of aluminium alloy components), and hot forming dies (for hot stamping of ultra-high-strength steel). Among these, stamping dies account for the largest share of total vehicle tooling, with exterior body skin panel dies commanding the most stringent technical requirements.

By supply tier, they are divided into OEM-direct tooling suppliers (supplying complete mould assemblies directly to vehicle manufacturers for new model development) and component-tier tooling suppliers (supplying Tier-1 parts manufacturers with specialised forming dies).

Global Competitive Landscape

The global automotive tooling market is characterised by low market concentration and distinct regional clustering. Global automotive mould market sales reached RM278,600,000,000 in 2025 and are projected to hit RM375,000,000,000 by 2032. China accounts for a 27% share of global market consumption. Key global players include Toyota, Yanfeng Visteon, Simoldes, Yifeng Group, Himile, and TQM. While general mould manufacturing technologies have matured, resulting in a fragmented market landscape, high-end, large-scale precision tooling continues to pose significant technical and entry barriers.

Major Chinese Enterprises

Rayhoo Motor Dies (002997.SZ) has consistently ranked among China's top three automotive tooling enterprises for five consecutive years, posting group revenue of RM2,400,000,000 in 2024. The company specialises in automotive stamping dies, checking fixtures, and automated body-in-white (BIW) welding lines. Its clientele spans luxury marques such as Rolls-Royce, Porsche, Mercedes-Benz, and Audi, alongside EV brands including Xiaomi, NIO, and Li Auto, with exports reaching over 20 countries globally.

Tianjin Motor Dies (002510.SZ) is China's premier manufacturer of automotive outer panel dies, offering comprehensive tooling solutions spanning dies, checking fixtures, and clamping jigs across nine manufacturing bases in Tianjin, Beijing, Hebei, Hubei, and other regions. The company operates the industry’s sole postdoctoral research workstation and runs a dedicated automotive tooling industry cloud platform.

Chaoda Equipment (301186.SZ) is a foremost domestic supplier of automotive interior and exterior trim tooling, leading the market in soft-trim and polyurethane foam moulding tools. Offering end-to-end capabilities from R&D design and casting to mould trials, the company recorded RM566,000,000 in revenue for the first three quarters of 2025, with exports contributing 43.46%. Its tooling is widely utilised in mainstream new energy vehicle (NEV) models from Tesla, NIO, and XPeng.

Ningbo Zhenzhi Mould has evolved from a small workshop established in 1999 into a national leader in die-casting tooling. Specialising in large-scale integrated die-casting moulds, the firm engineered the world's largest integrated die-casting mould in 2024 (weighing over 250 tonnes) and supplies over 50% of XPeng's integrated die-cast structural parts.

Xunlong (01930.HK) focuses on automotive hot-stamping dies, hydroforming moulds, and injection moulds, generating RM93,310,000 from automotive tooling in the first half of 2025, which accounted for 79% of its total revenue.

Dongguan Fengyi Precision is a wholly foreign-owned enterprise specialising in automotive and motorcycle moulds and fixtures, serving international marques including Ford, GM, Volkswagen, Mercedes-Benz, Toyota, and Honda.

Dongguan Changdong Mould specialises in sheet metal stamping die design and fabrication, with strong expertise in progressive and transfer dies under 4 metres. Over 80% of its output is exported directly to Europe and the US, supplying Tier-1 giants like Magna and Marelli.

Guangdong Denaite Precision Mould produces automotive component moulds and headlamp tooling, exporting to international markets including Germany, Spain, Poland, and Italy.

Foshan Chengyang Zhengda Mould focuses on medium-to-large automotive metal stamping dies and alloy wheel rim moulds, supplying carmakers such as Honda, Toyota, and Dongfeng Nissan.

Industry Transformation Trends

The automotive tooling industry is undergoing a structural shift driven by the twin engines of lightweighting and intelligent manufacturing. Surging demand for lightweight construction in new energy vehicles (NEVs) has accelerated the adoption of large-scale gigacasting and integrated die-casting tooling, with mould weights leaping from 50 and 80 tonnes to 150, 200, and over 250 tonnes. Concurrently, vehicle development cycles have drastically shortened from around 60 months in the traditional internal combustion engine (ICE) era to just 18–24 months, demanding heightened rapid-response and simultaneous engineering capabilities from tooling suppliers. Chinese mould makers are pivoting from a purely cost-driven model to a "technology + service" proposition, accelerating their global expansion with leading players now deriving over 40% of their revenue from overseas markets.