Standing out in the Fierce Business World
--An exclusive interview on Mr. Jiang Guoqing-CEO of Ningbo EXACT Fastener Co., Ltd.
Author: Ella Views: Date:On 2008-4-25
Founded in 2005 and located in Yuyao, Zhejiang province, the most convenient costal area, Exact-CN CO. enjoys convenient transportation and covers an area of 12 thousand square meters with 1300 square meters’ show room. Catering for the international development, Exact adopts the most advanced supply-chain managing technology and supply all-round logistic business which is based on MRO hardware fasteners. It has more than 30 thousand products in stock (please go to www.EXACT-CN.com and find more new products). The main products are all kinds of A fasteners, such as stainless steel screws, S/S nut, S/S washers, Copper Screws, Copper nut and so on and all kinds of B fasteners, which are applied for electrical house applications, meters, autos, machines and so on. They mainly sell to China, Russia, Europe, America and so on.

After three years’ fast development, Exact achieve annual turnover of near 100 million Yuan. Together with manufacture and trading, EXACT has built up their brand advantage in the market very quickly.

Mr. Jiang, CEO of Ningbo EXACT Fastener Co., Ltd.
Why EXACT can stand out in such hard time: material price rising, EU antidumping, Export rebate declining, while larger number of fastener enterprises turn down? Mr. Jiang Guoqing unveils the secret to us.
There is only a laptop together with a pen and hard-open notebook on the deck. There are no files piled up on the desk. “I am long for simplicity so my office is in a simply style. As a short temper, I always try to handle all the things in hand immediately. I will write down all the things I need to handle and take along with me. Due to the above reason, spot transaction comes in our company. With city, all the orders played before 12:00am will be delivered within the same day, while the orders played after 12:00 am will be delivered on the next day; as to the deliver time for the orders form out of the city, it all depends on agreement with customers.” Mr. Jiang’s office is very simple-decorated.
It is not easy for common company to effect the delivery on the same day. However EXACT make it. We do remember the disaster in New Orleans in Aug 29, 2006: America importer MIDAS played an order to screw fastener manufacturer in all over the world in order to re-build the Electric power facilities in New Orleans. However the response from most manufacturers is that the delivery time is 45 days. That means New Orleans can’t not beginning electric power facility re-building after November. No manufacturers but gem-year can take the opportunity to get the business as gem-year can effect the delivery in October. All is contributed to enterprise’s competitiveness and scope. EXACT’s ability of spot transaction embodies EXACT’ strength and large business scale. “We have 12 product lines with more than 30 thousand inventory intended to increase to 50 thousand.”
“Based on full inventory, EXACR help customers cut down their purchasing cost through providing batch purchasing.” Mr. Jiang always put customers in the first. Catering for the international development, EXACT adopts the most advanced supply-chain managing technology and supply all-round logistic business which is based on MRO hardware fasteners. As a result, it helps to cut down the price of every product.
EXACT does not neglect product quality. Taking Product quality as the life of the company, EXACT tries best to improve product quality all the time. “Build up EXACT brand, make EXACT go all over the world” Mr. Jiang expresses his confidence. Bring our best wishes to EXACT.

