With the globalization of trade, Chinese enterprises not only face competition in the domestic market, but also face pressure from the global market. At present, low-end products have to meet the needs of the market, and fastener enterprises must upgrade and adjust. Product structure, expand sales channels to ensure the development of enterprises.

At present, China's agriculture, water conservancy and energy, transportation, information, construction, environmental protection and other industries are developing rapidly. For this reason, a large amount of mechanical equipment is needed to meet the needs of its development. As the level of industrialization and automation increases, these equipments require a large number of high-performance and highly reliable mechanical base components. According to Luo Baihui, secretary general of the International Model Association, the total demand for mechanical basic products such as seals and fasteners will increase substantially during the next “Twelfth Five-Year Plan” period, and will maintain double-digit growth every year. Most products During the "Twelfth Five-Year Plan" period, it will double, and some products will even exceed. In the next few years, the business opportunities of mechanical basic components represented by fasteners are unlimited.

In order to maintain the steady and steady development of the fastener industry, we put forward a new idea of ??“adjusting in development and upgrading in adjustment”, insisting on the adjustment of market structure and product structure, promoting corporate restructuring and industrial agglomeration, and promoting The transformation of the mode of economic growth in the industry. Through continuous efforts in the past, China's fastener industry has maintained steady growth, the pace of industrial adjustment has accelerated, and new breakthroughs have been made in restructuring and industrial concentration, which are mainly reflected in three aspects:

First, the industrial concentration has initially shown results

At present, the pace of adjustment of China's fastener industry is accelerating, from the one-sided pursuit of output value production, to the improvement of quality and brand effect, from one-sided pursuit of large and complete, to the special, refined and special direction, from production to production services. The transformation of the type of fasteners has clearly highlighted the concentration of the fastener industry. The three major fastener industry clusters in Chang Delta, Pearl River Delta and Bohai Bay have been formed, and several fastener industrial bases such as Jiaxing, Ningbo, Wenzhou, Dongguan, Hebei Xingtai and Yongnian have been built. These regional fastener companies accounted for more than 75% of the country, such as Zhejiang Jinyi Industrial Co., Ltd., Jiangsu Changshu Standard Parts Factory, Shanghai Standard Five High Strength Fasteners Co., Ltd. represented, sales revenue exceeded 1 billion yuan Leading enterprises and 200 key enterprises with annual sales exceeding 100 million yuan. The annual sales revenue of these enterprises is more than 35 billion yuan, accounting for more than 53% of the national sales revenue. There are more than 4,000 enterprises above the scale of the whole industry, accounting for 85% of the national fastener sales revenue. More than 40 companies have been established, accounting for more than 60% of the country's foreign exchange earnings.

Second, leading enterprises play a leading role

The development of leading enterprises has played an increasingly dominant role, and thus the industrial concentration has been greatly improved. Among them, leading enterprises and enterprises exceeding 100 million yuan accounted for 52%, enterprises above designated size accounted for 33%, and other enterprises accounted for 15%. Enterprises have also accelerated their pace in technological innovation, forming a group of sophisticated, special and specialized enterprises, of which high-strength special fasteners account for 15%, heat-treated products account for 60%, and other products account for 40%. Adhere to the road of innovation, improve the level of equipment and technology in the whole industry, not only to accelerate the integration of modern information technology and traditional industries, to learn advanced foreign technology and experience, but also to go abroad to the world.

With the further intensification of competition in the domestic and international markets, it is inevitable to promote the outward development of enterprises. Enterprises invest abroad separately. In addition to some traditional export trade markets, many companies have turned their eyes to emerging countries, Changshu Standard Parts Factory and Ningbo Jinding Fasteners. More than 10 companies have opened up markets in Hungary, Malaysia and Indonesia.

Third, there are new breakthroughs in corporate restructuring

China's fastener industry is facing a new round of "shuffle", the elimination will accelerate, only strong brand and technological innovation can escort the company's advance. Innovative fastener technology is the technical support for the development of fasteners. In the process of accelerating technological changes, the fastener industry can only maintain its vigorous development vitality by accelerating the pace of innovation, absorption and integration of new technologies. To this end, China's fastener companies must be based on the long-term, continuous innovation in management, systems, systems, and truly make a difference in the technical level, and constantly break through, master the core competitiveness, in order to become a real winner.

As companies in the industry invest abroad, they also promote corporate restructuring, such as Zhejiang Youli Fastener Co., Ltd. and Shanghai Hadiwei Trading Co., Ltd.; Zhejiang Ruian Standard Parts Co., Ltd. and Chongqing Second Company; Shanghai Jiyou Machinery Co., Ltd. The company and Shanghai High Strength Bolt Factory Shanghai Institute of Fasteners and Welding Materials Technology; Shenzhen Aviation Standard Parts Co., Ltd. and Shanghai Excellence Automotive Parts Co., Ltd. This combination of advantages, enterprise restructuring can quickly gather the development advantages of the two enterprises to form a new synergy, promote the rapid development of enterprises, while at the same time can enhance industrial concentration. For the current reality that the fastener industry is facing an intensification of overcapacity, corporate restructuring can maximize the allocation of production factors and resources, and achieve the goal of vertical integration of the industrial chain.