Accelerate fastener product optimization and promote healthy development of the industry

In 2012, the development of the fastener industry in the theme of “maintaining growth, attracting people's livelihood, and promoting employment” will continue to show the situation of “first low, then high, and then new high”. From the fourth quarter of 2011 to the first half of 2012, the development of the fastener industry may slow down due to the impact of the objective environment, but from the third quarter of 2012, with the policy in place, the 18th Congress will be held, and A series of development policies to be launched soon will promote the further development of the industry. And we must insist on innovation and adjustment and transformation. We must continue to closely rely on key industries such as automobiles, new energy, aerospace, shipbuilding, urban transportation, IT, electronic appliances, and construction to accelerate the optimization and upgrading of fastener products and promote fasteners. The whole industry is developing healthily and steadily.

According to the relevant personage forecast of the fasteners association, the total fastener production in 2012 is expected to reach around 6.8 million tons. However, there is a process in which fastener manufacturers should plan for consideration from now on. Instead of investing funds in the repeated production of middle- and low-end products, they should use funds for innovation and technical innovation to improve the level of enterprise equipment intelligence and improve Online detection level. At the same time, the fastener industry should also base itself on the domestic market, promote dislocation competition, standardize the market order, and oppose and stop low-price dumping.

In addition, the speed of capital repatriation must be accelerated, and the scale of loans and investments should be strictly controlled, with more emphasis on controlling cash flow. We must pay attention to the changes in the European and American markets, actively respond to various trade protection measures, and stabilize the export market. In 2012, the export situation was even more severe. Therefore, fastener companies must have a clear understanding of the export area, and develop more potential markets such as South America, North America, Asia, and Southeast Asia.