Adjustment of fastener market structure

Adjustment of fastener market structure After many years of layout and market adjustment, the fastener industry has initially formed fastener industry clusters such as Haiyan, Ningbo, Wenzhou, Yongnian, and Foshan in 2010; the gear segment industry is forming Chongqing as a gear industrial agglomeration area, with Xi’an , Hangzhou, Nanjing, and Dalian are the “one zone and four bases” of the gear industry base; the chain transmission industry is forming an interactive zone for upgrading and developing the chain product structure focusing on Jiangsu and Zhejiang provinces. The industrial chain in these areas is relatively complete, and the development effect of industrial agglomeration is very obvious. Their total sales also account for more than 60% of the total value of the industry, promote the overall level of professional development, and effectively increase the degree of industrial concentration.

In addition, many companies in the industry also focus on their own product layout adjustments. For example, with the support of the Shanghai Municipal Government, China Spring Manufacturing Company has taken scientific and technological innovation as the guide and built a factory site with advanced level in Luojing District, adding new impetus to the development of the company. Chongqing Gearbox Co., Ltd. established a new zone in the Deqin Industrial Park in Jiangjin, Chongqing, based on the purpose of developing high-end new products.

Qianjiang Spring Co., Ltd. is aiming at supporting high-end spring products for automotive OEMs in Beijing. In accordance with the requirements of “low-carbon industry” and “energy saving and emission reduction”, Qianjiang Spring Beijing Co., Ltd. was established in Shunyi, Beijing.

Zhejiang Xupu Industrial Co., Ltd. is aiming at the direction of high-end fasteners, and has newly built a new plant, which mainly consists of foreign advanced cold heading machines and other production equipment, and optimized the product layout and structure of the company.

Xingtai Iron & Steel Co., Ltd., based on improving the quality of wire products, positioned to develop high-end fasteners. In January 2010, it wholly acquired the shares of Ningbo Fastener Co., Ltd. of Xingtai City, forming a set of fastener raw materials, processing and manufacturing. With the help of the agglomeration effect of Ningbo, the industrial chain optimizes the development model.

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