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With the deepening of reform and opening up, the competition in the flange nut market in China has become increasingly fierce. Many foreign companies continue to enter the Chinese market and take root in our country. We use our cheap labor to produce our branded products. High profits.
Under such pressure, how can we make our products not be suppressed, and the development of better and better has become a big problem for many companies to think about. The lack of big brands in China is also a problem that enterprises need to deal with. So many enterprises are flooding into the Chinese market from foreign countries. This means that more flange nut companies need to continuously break through and make their own development gradually become an international one. Market-oriented companies. This kind of pressure is very helpful for the development of our flange nuts.
It can be seen that many of our flange nuts are mainly compared with these foreign-funded enterprises. The major ones are the big brands. This makes us less competitive in the market of flanged nuts. Therefore, our country adopted a familiar price war. Because it is in the fastener market in China. Therefore, the price war has not had much advantage for our country's enterprises. Therefore, the best method in China is to create a high-strength screw brand, have their own ideas, and be able to meet the international flange nuts, so that competition in the market will be It seems more powerful.
Intensified or refined growth means that technological advances and improved management efficiency play a dominant role in overall growth. The result is an increase in added value and an increase in profits. Because, if you rely on investment, although the output increases, but the cost also increases, which is not sustainable. The current problem is that the entrepreneurial environment and the government’s management of science and technology education have considerable deficiencies.
As long as we can build a system and policy environment conducive to innovation and entrepreneurship through reforms, we will be able to make a significant improvement in the technical level and added value of China's fasteners in a relatively short period of time. At present, the world's advanced fasteners are faced with large or small technological breakthroughs. If China’s fasteners can seize this great opportunity and exert their own advantages, they will develop some competitive products with international competitiveness. It is entirely possible.
In recent years, the development of fasteners in our country has been increasingly pressured by resources and the environment. In the product, from the design, manufacture, packaging, transportation, use to end-of-life disposal process, we must consider the least waste, the lowest emissions, the highest resource utilization rate and the least environmental impact, so that the corporate benefits and social benefits can be coordinated and optimized; In terms of circulation, it explores various value-added service models 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, and remote monitoring, the proportion of services in the sales revenue of fastener manufacturers will gradually increase.