Core Viewpoint - The demand growth in high-end manufacturing sectors such as aerospace, deep-sea equipment, and new energy is driving the global market expansion of multi-directional forging, with sales expected to increase from $1.205 billion in 2024 to $1.576 billion by 2031, reflecting a CAGR of 3.9% [1] Group 1: Industry Insights - The rapid technological development of domestic multi-directional forging positions it as a global leader [1] - The domestically developed 350MN multi-directional forging hydraulic press has horizontal force ≥130MN and vertical force ≥220MN, surpassing the international leader Wyman-Gordon's 300MN multi-directional forging machine [1] - The advancements in forging technology significantly enhance the quality of forged parts, meeting the demands of downstream applications in aerospace, high-end oil and gas, and new energy sectors [1]