The future development trend of fastener companies

In the past 30 years, China’s fasteners have relied on the market economy system to achieve high-speed development. However, due to the deformed development of fasteners and the severe deterioration of economic structure, despite many years of demands for adjustment and transformation and development, the production value-oriented development model It has not been changed.

Over time, the negative effect of this policy of relying on policies to support the expansion of exports has gradually increased, and various negative consequences have become increasingly prominent. Due to the low value-added and profitability of export products, China’s fastener export enterprises can only “strengthen by quantity” and rely on increasing export volume to maintain development. Therefore, such a situation has emerged, and China has consumed a large amount of non-renewable resources. Pollution of the environment bears the notoriety of “dumping,” but the bulk of profits is not in their own hands.

Intensified or refined growth means that technological advances and improved management efficiency play a dominant role in overall growth. The result is an increase in added value and an increase in profits. Because, if you rely on investment, although the output increases, but the cost also increases, which is not sustainable. The current problem is that the entrepreneurial environment and the government’s management of science and technology education have considerable deficiencies.

Fasteners As long as we can build a system and policy environment conducive to innovation and entrepreneurship through reforms, we will be able to make a significant improvement in the technical level and added value of China's fasteners in a relatively short period of time. At present, the world's advanced fasteners are faced with large or small technological breakthroughs. If China’s fasteners can seize this great opportunity and exert their own advantages, they will develop some competitive products with international competitiveness. It is entirely possible.

In the absence of major macroeconomic fluctuations at home and abroad, the growth rate of production and sales of fasteners in 2013 will bid farewell to the negative growth in 2012. Low-speed growth will become the norm, and the growth rate of production and sales will remain between 3% and 6%. In 2013 and even in the next 3 to 5 years, fastener companies should focus on “dominant forces” and focus on “three major battles”:

First, lay a good market to expand the defense. China's fastener companies should focus on the international and domestic markets, fully mobilize both domestic and international resources, do everything possible to expand the market and seize more market share. In the domestic market, the products are made to be free from people, from people to others, and to provide new economic growth points for the development of the company. We will vigorously develop overseas markets and have the conditions and capabilities to play steadily, actively “go global” and vigorously expand the international market.

Second, fight for the improvement of independent innovation ability. The key is to strengthen capacity building. Firms of fasteners should closely follow international and industry development trends and increase investment in the improvement of independent technological innovation capabilities, covering the entire process of product development, including design, testing instruments, processing equipment and test equipment. It is at the leading level in the industry, and at the same time that it is increasing the investment in technological innovation, it must also strengthen intellectual property management.

Third, lay a good management to promote protracted war. If the company wants to achieve lasting development, it will not be able to continue without management support. The brand needs to be stronger and stronger, with no basis for management, like a castle in the air. To reduce costs from the "cost project project", from the "lean production management project" to improve efficiency, promote "excellent engineering", and create "excellent" in order to have vitality and competitiveness in the international and domestic markets.