At the beginning of 2026, the most eye-catching star in the non-ferrous metals market was not gold, but tungsten, known as the "industrial teeth". By the end of February, the price of black tungsten concentrate had broken through 730,000 yuan per standard ton, rising by more than 50% compared to the beginning of the year; ammonium paratungstate (APT) reached a record high of 1.1 million yuan per ton, with an increase of over 400% compared to the beginning of last year. This epic price surge is deeply penetrating the entire industrial chain, exerting distinct impacts on practitioners at different links and driving the structural transformation of the entire industry with unprecedented force.

From "World Factory" to "World Capital of Drones", Shenzhen is once again taking the lead in the new race of low-altitude economy. Data shows that Shenzhen has gathered over 1,900 enterprises in the low-altitude economy industrial chain, with consumer drones accounting for 70% of the global market. The annual output value of the low-altitude economy in 2024 is expected to exceed 90 billion yuan. Shenzhen's confidence in aiming for the title of "the world's leading city in low-altitude economy" stems from its systematic construction in four dimensions: policy, industry, innovation, and infrastructure.

2026 is the starting year of the "15th Five-Year Plan", and it is also a crucial year for China's economy to move towards a new stage of high-quality development after undergoing a deep adjustment. As the core companion of "industrial mother machines", the development trend of the metal cutting tool industry directly reflects the temperature and vitality of the manufacturing sector. Against the backdrop of complex and volatile macro environments both at home and abroad, the domestic metal cutting tool market is standing at a crossroads of structural adjustment and technological leap.

Tax incentives are directly and promptly accessible, industry-specific support is precise and targeted, and technological innovation platforms are empowering... At the beginning of 2026, Dongguan's advanced manufacturing industry has received a series of policy packages. Dongguan has officially established the new strategic goal of "Smart and Innovative Products, Harmonious and Livable City" for urban development, outlining a clear blueprint for the next five years.

Against the backdrop of tungsten carbide prices surging for nearly a year, the cutting tool industry is undergoing a dual transformation of price hikes and supply-side reshuffling. Leading enterprises are locking in profits by leveraging their inventory advantages and scale effects, while small and medium-sized enterprises are trapped in a "no raw materials to work with" predicament. The industry's pattern of the strong getting stronger is becoming increasingly evident.

As the "industrial mother machine" and "machine-making machine" of the manufacturing industry, the technological level of the machine tool industry is directly related to national security strategies and the core competitiveness of the manufacturing sector. China, as the world's largest producer and consumer of industrial mother machines, has maintained the top position in terms of industrial scale for 13 consecutive years. The next 10 years will be a critical period for the development of intelligent CNC machine tools, a typical piece of new-generation intelligent manufacturing equipment.