The development of fasteners in China is under increasing pressure from resources and the environment. An important way to ease resource constraints is to develop green manufacturing. The development of fasteners will continue to be actively promoted in the direction of brand management for a period of time to promote the all-round development of fastener projects. In terms of products, mid-to-high-end products will accelerate the localization of quality R & D. The entire process from design, manufacturing, packaging, transportation, use to waste disposal must consider the least waste, the lowest emissions, the highest resource utilization, and the smallest environmental impact. In order to coordinate and optimize corporate benefits and social benefits; in the aspect of circulation, explore various modes of value-added services to bring value and benefits to customers. From the provision of a single set of fasteners to the provision of mechanical fastening solutions, customized services, remote monitoring, etc., the proportion of services in the sales revenue of fastener manufacturing enterprises will gradually increase.
With the comprehensive deepening of reform and opening up, competition in China's expansion screw market has become increasingly fierce. Many foreign companies have continued to enter our market and have taken root in China. Using our cheap labor to produce their branded products, they have achieved even higher levels. Profit.
Under such pressure, how to keep their products from being suppressed and develop better and better has become a big problem for many companies to think about. The lack of large Chinese brands is also a problem that companies need to deal with. So many companies have poured into the Chinese market from abroad, which means that more expansion screw companies need to continue to break through and make their development gradually become an international market. Conforming businesses. This kind of pressure will be of great help to the development of our expansion screws.
It can be seen that compared with these foreign-funded enterprises, many expansion screws in China are mainly lacking in big brands. This makes us less competitive in the expansion screw market. Therefore, China has adopted a familiar price war, but because it is Fastener market in China. Therefore, the price war does not have many advantages for Chinese enterprises now, then the best way for our country is to create a large brand of high-strength screws, have their own ideas, and be able to connect with international expansion screws, so that competition in the market will Seems more powerful.
The intensive or refined growth mode is to allow technological progress and management efficiency to play a leading role in the overall growth, and the performance in the results is an increase in added value and an increase in profits. Because if it depends on investment, although the output increases, the cost also increases, which is unsustainable. The current problem is that the entrepreneurial environment and the government's management of science and technology education have considerable shortcomings.
As long as we can build a system and policy environment conducive to innovation and entrepreneurship through reform, we will be able to significantly improve the level of technology and added value of Chinese fasteners in a not too long period of time. At present, the world's advanced-level fasteners are facing major or minor technological breakthroughs. If Chinese fasteners can seize this great opportunity, give play to their advantages, and develop some internationally competitive fist products, It is entirely possible.