The invention provides an automatic ejection device with a delay function and a mold having the same, comprising a base, an upper cover, a pressing block, a dial, a locking block and an ejecting piece, the upper cover is fixedly arranged on the base, and the base is arranged There is a placement slot, the dial block is set in the placement groove, the upper cover is provided with a press block installation hole, the dial block is provided with a press block guide hole and a lock block guide hole, the lower end of the press block is arranged through the press block guide hole, and the upper end of the press block is provided with The installation hole of the pressure block is arranged, the lock block is arranged in the guide hole of the lock block, the guide hole of the pressure block and the guide hole of the lock block are communicated with each other, the lock block is arranged in contact with the pressure block, and one end of the ejection piece is installed on the dial block, and also It includes an elastic piece, the elastic piece is arranged in the guide hole of the lock block, one end of the elastic piece is arranged in the dial block, and the other end of the elastic piece is connected with the lock block. It can reduce the overall size of the mold, remove the ejector plate, oil cylinder, push plate and other devices that rely on external force to release the mold, reduce production costs, shorten research and processing time, easy assembly and replacement, and no hidden danger of mold collision.