Articles

When our country's high-strength standard parts develop to a certain extent, we can use our technological advantages to confront foreign-funded enterprises. Only by making continuous progress, can our country's high-strength standard parts maintain high-intensity competition and high-intensity development.

Looking back on the overall situation of hardware fasteners work in the past year, the unstable economic environment, macroeconomic regulation and control, tight money and silver; market demand has not been significantly increased; coupled with the global economic downturn, and other countries'serious trade protection policies and other issues, the whole hardware fasteners work began to suffer. However, inspired by the spirit of the Eighteenth National Congress, we have worked together to speed up innovation and structural adjustment, make steady progress in the whole work, and insist on small additions.

The major fastener markets in Asia, North America, and Europe have the highest demand for high-strength fasteners, to which we primarily supply. While global growth is slowing due to economic issues, focusing on these markets and expanding globally, alongside innovation and structural improvements, will drive the stable and rapid development of China's high-strength fastener industry.