During the period of the 11th Five-Year Plan period, no substantive progress was made in transforming the mode of economic development. Faced with the new industrialization process under the background of the modern industrial system formulated in the Twelfth Five-Year Plan, the development of the fastener industry has actually been at a bottleneck. At present, the production scale of many manufacturers is basically stable, and few new fastener factories are put into operation. Is the development of the industry reaching the saturation stage? It's not always true.
There are only a few 70-80 manufacturers in the manufacturing of automobile standard parts. Over the years, in addition to more than 40 auto parts suppliers through the quality management system certification, access to a small number of foreign brands of automotive fastener manufacturing, most companies still do not enter the scale of automotive fasteners In the field of production, some can only rely on OEM production. The reason is that the production of automotive fasteners has the irreplaceability of core technology, production capacity, and product quality. Automotive fasteners are technology-intensive high-value-added products, and some industrial platforms do not reach this height. .
In the past 30 years, with the strong development of China's manufacturing industry, the fastener industry has also made considerable progress as an indispensable part of the manufacturing chain. According to statistics, there are nearly 20,000 fastener manufacturers in the country, and their contribution to economic development is obvious to all. Undoubtedly, the global economic turmoil triggered by the financial crisis in 2008 caused the entire fastener industry's production and operation status to be affected. In particular, those export-oriented production enterprises have experienced a sharp decline in their business volume. Some manufacturers' daily production is only 30% to 40% of their daily averages. Some manufacturers with insufficient ability to resist risks have even closed their doors to avoid danger.
After all, the main reason is that at present, China's fastener companies produce mostly low-end products. Production tends to be saturated, but there is still much room for growth in the production of higher-end products. For example, many engine bolts and chassis tire bolts for mid-to-high end passenger cars must be imported at 60%-65%. The key is the technical level of the industry, and the technical equipment and industrial capabilities have not yet reached the corresponding requirements.
With the impact of the financial turmoil, the production strength of the national fastener industry has generally recovered since the end of 2009. Since 2010, the production situation of many fastener companies has been quite gratifying, basically reaching the level of the same period in 2008, and some companies even have new growth in output value.
A benign development of a fastener company must establish the company’s core competitiveness and cultivate the internal driving force of the industry. However, at present, most fastener companies in China lack of innovation ability, lack of advanced technology lacking intellectual property rights, and lack of technical talent. The production team is not stable. The front-line employees are not sufficiently trained and have large liquidity. The daily production of enterprises is poor at coping with complicated low-end or lower-end products, passive production modes and unstable market environment. It is undeniable that the existence of endogenous defects, such as scarcity of human resources, lack of core technologies, and lack of market expansion, will certainly have a negative impact on the development of the industry.
Until now, the advantage of the fastener industry in changing market speeds and exchanging capital for costs has weakened. In the past development process, the main advantage of cost and lack of core competitive advantage was a low-cost, low-tech extension. Expansion model; only the ability to create price differences, but lack the ability to create product differentiation. This situation determines the manufacturing attributes of the fastener industry, rather than creating attributes. Large but not strong lack of core competitiveness of production methods In the increasingly fierce market competition and response to the economic development of the transformation of the situation, many companies are unsustainable, fastener companies have entered the bottleneck period of development, facing new challenges.
There are only a few 70-80 manufacturers in the manufacturing of automobile standard parts. Over the years, in addition to more than 40 auto parts suppliers through the quality management system certification, access to a small number of foreign brands of automotive fastener manufacturing, most companies still do not enter the scale of automotive fasteners In the field of production, some can only rely on OEM production. The reason is that the production of automotive fasteners has the irreplaceability of core technology, production capacity, and product quality. Automotive fasteners are technology-intensive high-value-added products, and some industrial platforms do not reach this height. .
In the past 30 years, with the strong development of China's manufacturing industry, the fastener industry has also made considerable progress as an indispensable part of the manufacturing chain. According to statistics, there are nearly 20,000 fastener manufacturers in the country, and their contribution to economic development is obvious to all. Undoubtedly, the global economic turmoil triggered by the financial crisis in 2008 caused the entire fastener industry's production and operation status to be affected. In particular, those export-oriented production enterprises have experienced a sharp decline in their business volume. Some manufacturers' daily production is only 30% to 40% of their daily averages. Some manufacturers with insufficient ability to resist risks have even closed their doors to avoid danger.
After all, the main reason is that at present, China's fastener companies produce mostly low-end products. Production tends to be saturated, but there is still much room for growth in the production of higher-end products. For example, many engine bolts and chassis tire bolts for mid-to-high end passenger cars must be imported at 60%-65%. The key is the technical level of the industry, and the technical equipment and industrial capabilities have not yet reached the corresponding requirements.
With the impact of the financial turmoil, the production strength of the national fastener industry has generally recovered since the end of 2009. Since 2010, the production situation of many fastener companies has been quite gratifying, basically reaching the level of the same period in 2008, and some companies even have new growth in output value.
A benign development of a fastener company must establish the company’s core competitiveness and cultivate the internal driving force of the industry. However, at present, most fastener companies in China lack of innovation ability, lack of advanced technology lacking intellectual property rights, and lack of technical talent. The production team is not stable. The front-line employees are not sufficiently trained and have large liquidity. The daily production of enterprises is poor at coping with complicated low-end or lower-end products, passive production modes and unstable market environment. It is undeniable that the existence of endogenous defects, such as scarcity of human resources, lack of core technologies, and lack of market expansion, will certainly have a negative impact on the development of the industry.
Until now, the advantage of the fastener industry in changing market speeds and exchanging capital for costs has weakened. In the past development process, the main advantage of cost and lack of core competitive advantage was a low-cost, low-tech extension. Expansion model; only the ability to create price differences, but lack the ability to create product differentiation. This situation determines the manufacturing attributes of the fastener industry, rather than creating attributes. Large but not strong lack of core competitiveness of production methods In the increasingly fierce market competition and response to the economic development of the transformation of the situation, many companies are unsustainable, fastener companies have entered the bottleneck period of development, facing new challenges.
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