Fastener industry entered the era of micro growth

In the past 10 years, the fastener industry has undergone tremendous changes. Up to now, more than 95% of the fastener enterprises have been restructured into joint-stock or private enterprises. The industry's vitality has increased, and the number of companies has greatly increased. It has become one of the largest manufacturers of fasteners in the world. The status on the market has clearly improved.

Since 2012, the development of fasteners in China has entered the “era of micro growth”. It is undeniable that the advent of the “micro-growth era” will put tremendous pressure on the development of fasteners in China in the near future. At the same time, the era of micro growth is conducive to the elimination of backwardness, increasing industrial concentration, promoting the promotion of technology, helping to improve the relationship between fastener manufacturing and the environment and resources, helping to optimize the development model, making enterprises pay more attention, and fostering independent innovation. Ability, core competitiveness. The "micro growth era" has the following three distinctive features. 1 micro growth. The development of fasteners in China still has rare opportunities and favorable conditions. At the same time, it faces many risks and challenges. Although the growth rate has slowed down, maintaining stable growth is still the mainstream of fastener development in China. In the medium and long term, the demand for fasteners in China is still in a period of rapid growth. The Fastener Institute's 2012 report pointed out that although China's fastener industry experienced a slowdown in growth in 2012, the production and sales of fasteners are expected to reach 7.2-7.5 million tons by 2013. 2 micro transformation. Domestic or international fastener market is developing in a more diversified direction whether it is in variety, type, or consumer object. The connotation and conditions of the fasteners in China have changed, and they are changing from expanding opportunities to upgrading opportunities. As a result, fasteners will enter an important stage of development. The development history of developed countries shows that the use of high-strength fasteners will increase rapidly after the full-scale development phase of advanced manufacturing. Fastener companies to improve product technology level, we must start from the equipment improvement, technology improvement, the domestic host companies will not go far for imports, this is a favorable trend for fastener companies in the current situation. 3 micro profits. As raw materials, human resources, material resources and other aspects continue to increase prices; at the same time the supply of fasteners exceeds demand, leading to the decline in the price of fasteners. As profits continue to shrink, companies must live wisely.

Fastener companies should pay attention to and rely on the state’s support policies for the industry under the conditions of the modern socialist market economy, and grasp the direction of the industry; make use of the three platforms of the association’s communication, government communication, and trade exhibitions, and the future fastener industry. We will face complex, severe and uncertain situations for a long period of time. We must make good use of external and internal conditions to open up both international and domestic markets. Fastener companies must learn to think about, fully understand the country’s industrial policy and guidance, and seize opportunities to carry out technological transformation.

At present, the fastener industry is faced with reshuffling. The stronger the stronger, the weaker are eliminated. This is Heaven, continuing overcapacity and fasteners sales decline, and some companies are not far from this year's severe winter. Therefore, first, we must lay a good market to expand our defense, and second, we must improve management and promote protracted warfare. To take out a good product and win the user is the king.

Recently, Feng Jinbiao, chairman of the Fasteners Branch of the China Machinery General Components Industry Association, said at the 25th National Fastener Economic Trade and Technology Symposium: “To promote the fundamental change in the economic growth mode of the whole industry, we must pursue the production value from the partial surface. Change in production to improve quality and brand effect; Pursue large-scale, omni-directional, special, and special shifts from the partial face; From the production type to the production and service type, the industry will maintain a steady and healthy development, and make China tight. The firmware industry has always maintained a moderate growth and will remain standing in the world of forests.