On April 25, the 19th China International Machine Tool Exhibition kicked off, highlighting burgeoning demands for high-precision machine tool processing across various sectors including aerospace, new energy vehicles, semiconductor equipment, and humanoid robots. During the event, General Technology secured an intended contract value nearing RMB 500 million, while Rifa Precision Machinery inked a strategic cooperation agreement with Shandong Chaoyang Bearing, boasting an order value exceeding RMB 40 million. Notably, several leading manufacturers reported a surge in orders within niche markets during the first quarter of this year. Topstar CNC machine tools, for instance, recorded over 120 unit orders, marking an increase of more than 70% year-on-year. Additionally, some screw parts enterprises noted an explosion in orders attributed to the robust demand for domestic machine tools.
