By CFM| 2015-09-18 00:00:00
By CFM| 2015-07-13 00:00:00
By CFM| 2015-07-01 00:00:00
By CFM| 2015-06-27 00:00:00
By CFM ,2015-09-22 09:55:34
Shandong Province is the nearest province to Korea and the most active one to have economic exchanges with Korea. After the China-Korea Free Trade Agreement formally goes into effect, Shandong is allowed to further its cooperation with Korean FTA in the field of Finance, Investment, E-commerce and Economy, etc. “In total, the China-Korea FTA will further expand the import & export scale of Shandong. Over 4000 local enterprises are estimated to be benefited from this cooperation.” said Jia Jiqing, Section Chief of Asia Affair Office, a Department of Commerce of Shandong. “However, the opening of market will introduce advanced Korean products into Shandong market, which will bring a huge strike to the industries with relatively weak advantages in Shandong, such as middle- and high- end machines and equipments, chemical engineering, and auto parts, etc. Transformation process in these industries will undoubtedly be accelerated.” Based on the schedule of concessions in China-Korea FTA, parts of the tax items will gradually reduce to zero tariffs with the next 5 to 20 years, while within the next 10 years, most of the China-Korea zero-duty products will simply eliminate the duty. It was said that 71% of Chinese products will eliminate the tariff within 10 years, covering 66% of the gross import from Korea and 79% of Korean products will eliminate the duty in the next 10 years, taking 77% of the total import value from China. Parts of the tax items which were agreed to a tax reduction will basically reduce to the agreed tax level. And the products with tariff quota will have their tariff rate reduce to zero after the FTA goes into effect.
By CFM ,2015-09-16 10:14:50
Based on the statistics from China Customs, China imported over 25 thousand tons of iron or steel fasteners in July with a total value of over 251 million USD. But the accumulative total during the period from Jan. to July is not desirable. Following is the detailed table. Statistical Table of China’s Imports of Steel Fastener by July Unit: 1,000 USD Product Unit In July From Jan. to July Changes of July comparing with last year (%) Changes From Jan. to July comparing with last year (%) Steel Fasteners Ton Volume Value Volume Value Volume Value Volume Value 25,181 251,134 167,121 1,668,012 -6.5 -12.5 -6.2 -12
By CFM ,2015-09-15 10:54:21
It was reported that CRRC Corporation Limited officially initiated the construction of production base in Springfield City of Massachusetts, USA, which was considered as the beginning of technology export from China to USA and the localization of manufacturing of railway equipments in USA. The output mode of China’s railway equipment industry to the global top market is shifting from the single export of “products” to the comprehensive mode of “products + technology + capital + management + service”. It is predicted that the investment to the manufacturing plant in Springfield will reach to 60 million USD, taking 40 acres with 150 job opportunities. The first batch of railway products provided by this plant will be the Red Line and Orange Line of MBTASubway.
By CFM ,2015-09-02 11:00:09
Based on the supervision of Ministry of Commerce of People’s Republic of China, it was reported that the price of steel dropped by 0.9% during last week (August 24-30). Within the whole decrease, the prices of hot-rolled sheet and highspeed wire rod declined by 1.3% and 1.2% respectively. In last week, the global financial market had suffered from the Black Monday, which didn’t bring a huge impact on the steel market, due to the monetary adjustment and control policy by China Government. The declining amplitude of steel price showed a continuously narrowing tendency. In consideration of the sluggish demand of steel from downstream enterprises, the merchants should still quicken their shipment. It was estimated that in this week, the steel market will continue its weak consolidation on price with limited decreasing potential.
By Steel First ,2015-04-24 13:35:53
Global output of direct reduced iron (DRI) decreased by 1% year-on-year in March 2015 as production in Libya ground to a halt, according to data released by the World Steel Assn (Worldsteel) this week. World DRI output fell to 5.4 million tonnes year-on-year in March, with output in Libya down by 85% year-on-year to 15,000 tonnes. In the rest of the African region, DRI output in March decreased in Egypt by 15% year-on-year to 225,000 tonnes and increased in South Africa by 10% to 140,000 tonnes. Total DRI output in the Middle East decreased by 1.5% year-on-year in March to 2.2 million tonnes. Output in Iran, the world’s second-largest producer of DRI, decreased by 1% year-on-year to 1.3 million tonnes, while Saudi Arabian and Qatari outputs fell by 3% year-on-year to 460,000 tonnes and 232,000 tonnes, respectively. Meanwhile, production in the UAE increased significantly to 259,000 tonnes, up by 36% from March last year. The biggest DRI producing nation, India, saw its output increase by 4% year-on-year to 1.7 million tonnes. In the Americas, Venezuela showed a year-on-year increase in volume, more than doubling its DRI production to 190,000 tonnes from 79,000 tonnes, while Canada’s output grew by 12% to 138,000 tonnes. March DRI output fell by 23% year-on-year in Trinidad and Tobago, to 145,000 tonnes, and by 3% in Mexico, to 525,000 tonnes. The data in the report covers the 13 countries that accounted for about 89% of total world DRI production in 2013.
By CFM ,2015-04-22 15:22:36
In September and October 2013, President of People’s Republic of China, Mr. Xi Jinping presented the strategic conceptions of building “The New Silk Way Economic Belt” and “The 21st Century Maritime Silk Road” respectively. Later these two conceptions are referred as One Belt And One Road (OBAOR). It’s worth mentioning that the Belt connects China with Central Asia, Mid-East, Southeast Europe and Western Europe, while the Road connects countries in East Asia, Southeast Asia, South Asia Sub-continent, Arabian Peninsula, and North Africa, etc. In the aspect of High Speed Railway Construction: In the Executive Meeting of State Council which was chaired by Prime Minister Li Keqiang , it was decided that the railway construction should quicken its steps. Based on this instruction, China Railway Corporation has raised its construction goal this year, within which the fix-assets investment will raise from 700 Billion CNY to 720 Billion CNY. In 2015, there will be 12 high speed railways putting into construction. Total running mileage will reach to 8,887 miles in two years. The development of high speed rail construction will bring higher demand of railway fasteners. In the aspect of Wind Power Industry: In February this year, National Energy Bureau has released the monitoring results of Wind Power Industry in 2014. Based on the statistics, the newly increased capacity of the whole year has achieved 19.81 million KW, which hit a new record. It is estimated that the scale of wind power will grow dramatically in the areas of North China, Northeast China, and Northwest China after promoting wind power industry in Mid-east China and Southern China. The development of wind power industry also bring opportunity to fastener industry. In the aspect of Nuclear Power Industrial Chain: It is clearly pointed out in the Action Plan of Energy Development Strategy in 2014-2020 that by 2020, the total nuclear power capacity should reach 58 million KW, while there will be over 30 million KW nuclear power under construction. However, by 2014, the operating units and the units under construction are less than 50 million KW. Still there is a huge space for growth. With the plan of restarting nuclear power, there will be a peak time for input and output in nuclear power industry. With advantages of high technology and high cost-effective ratio, nuclear power has become the major driving force for China’s “Walking out” Strategy. A analyzer told that most of countries, whose nuclear power generating capacity takes less than 6% of the whole generating capacity are developing countries around One Belt and One Road. The export of nuclear power will welcome its spring day under this circumstance. OBAOR brings positive influence to the development of China’s western area and coastal area. Great changes can be seen in the field of Infrastructure Construction, Transportation Industry and Trade & Services. All these changes also lay profound foundation for the development of fastener Industry.
By PRNewswire ,2015-09-22 09:44:06
CNA recently presented a $15,000 donation to Nuts, Bolts & Thingamajigs (NBT), the educational foundation of the Fabricators & Manufacturers Association, International (FMA), in support of its summer manufacturing camps. This summer, 505 students attended one of the 34 camps held on community and technical college campuses across the country, where they learned specific manufacturing-related skills to help them understand and appreciate the value of a career-based on designing, planning and constructing tangible products. "CNA is a proud supporter of the work FMA and NBT are doing to help hundreds of students get their first exposure to career opportunities in manufacturing," said Franklin Maccotan, director and industry leader, Manufacturing, CNA. "NBT's mission to engage, nurture and excite individuals of all ages in the pursuit of careers within the manufacturing sector is helping to inspire the future leaders of this critical industry." "The generous donation from CNA allows FMA and NBT to continue hosting the annual series of manufacturing summer camps dedicated to introducing middle and high school-aged youth to practical applications of math, science and engineering principles in manufacturing," said Ed Youdell, president, FMA. Camps are multifaceted and offer instruction in CAD design, welding, robotics and a variety of other manufacturing technologies, as well as practical instruction in career development and ways to harness entrepreneurial initiative. Based in Rockford, IL, the FMA is a professional organization with more than 2,500 members working together to improve the metal forming and fabricating industry. For more information on NBT, visit www.nutsandboltsfoundation.org. For more than 25 years, CNA has been the endorsed business insurance carrier for FMA members. About CNA Serving businesses and professionals since 1897, CNA is the country's eighth largest commercial insurance writer and the 13th largest property and casualty company. CNA's insurance products include standard commercial lines, specialty lines, surety, marine and other property and casualty coverages. CNA's services include risk management, information services, underwriting, risk control and claims administration. For more information, please visit CNA at www.cna.com. "CNA" is a service mark registered by CNA Financial Corporation with the United States Patent and Trademark Office. Certain CNA Financial Corporation subsidiaries use the "CNA" service mark in connection with insurance underwriting and claims activities.
By www.cliffordchance.com ,2015-09-21 09:55:10
Clifford Chance advised Koninklijke Nedschroef Holding B.V. ("Nedschroef") on the acquisition of two plants from the insolvent automotive supplier Whitesell Germany GmbH & Co. KG ("Whitesell Germany") by way of an asset deal. The plants are located in Beckingen and Schrozberg. The sale and acquisition is still subject to merger clearance. In its four plants in Neuss (North Rhine-Westphalia), Neuwied (Rhineland-Palatinate), Beckingen (Saarland) and Schrozberg (Baden-Wuerttemberg), Whitesell Germany is producing high quality cold formed parts and CNC precision machined components for manufacturers and suppliers in the automotive industry. Whitesell Germany had approximately 1,300 employees in Germany when it filed for insolvency in January 2015. Nedschroef with its registered office in Helmond, The Netherlands, is one of the world's largest suppliers of complex connecting elements for use by the automotive industry and is currently operating 24 plants in 14 countries. The acquisition of the Whitesell plants in Beckingen and Schrozberg is Nedschroef's first acquisition after it was taken over by Shanghai Prime Machinery Company Limited from China in May 2014. The Clifford Chance team was led by partner Dr. Stefanie Tetz (Corporate, Munich) and comprised partner Dr. Stefan Sax, counsels Dr. Cristina Weidner and Dr. Martin Jawansky, associate Dr. Artur M. Swierczok (all Corporate/Restructuring, Frankfurt), counsel Anne Britta Haas and associate Dr. Andrea Köhler (both Corporate, Munich), partner Christian Trenkel und associate Agnieszka Pikul (both Real Estate, Munich), senior associate Amrei Fuder (Real Estate, Frankfurt), partner Marc Besen and associate Anne Filzmoser (both Corporate/Antitrust, Düsseldorf), partner Dr. Uwe Schimmelschmidt and senior associate Dr. Benjamin Büttner (both Tax, Frankfurt) and associate Karen Xu (Corporate, Shanghai).
By CFM ,2015-09-23 00:00:00
Held from September 17 to September 19 at Jakarta International Expo in Indonesia, the Indo Fastener 2015 closed with striking success, winning good responses from exhibitors and visitors. As a media partner of Indo Fastener, ChinaFastener Magazine (CFM) attended this grand fair to witness the onsite situation with all the exhibitors and visitors. Based on the official statistics, this edition of Indo Fastener attracted a total number of 101 exhibitors from local Indonesia and other Asian Countries, including Mainland China, Taiwan, Malaysia and Korea. The exhibitors from Mainland China totaled 53, taking over a half of all the exhibitors. The number of Taiwan fastener enterprises attending ranked in the second place, reaching to 38. There were only 2 and 1 fastener enterprises from Malaysia and Korea respectively. CFM received the responses from most of the Chinese fastener enterprises onsite regarding their purpose to attend the Indo Fastener 2015. Due to the anti-dumping against China’s certain iron or steel fasteners, the market share taking by Chinese fastener enterprises sharply declined from 26% to 0.5%, strikingly impelling the export-oriented fastener enterprises in China to expand their markets in other areas. And Indo Fastener 2015 provided these Chinese enterprises a chance to further enlarge their market shares in Southeast Asia. Following is the demonstration of these Chinese fastener enterprises. Foshan Sailuk BSC Ningbo Zhenhai Huazhi Suzhou XLing Jiaxing Xingxin Dongguan Dmscrew Handan Ruiqiang Shanghai Kingpluse Microgleit Boito Changde Yufeng Changzhou Wujin KPF Techfast Wuxi Anshida Dongguan Jucheng Feidao Haiyan High Strength Haiyan Jinniu Haiyan Junyi Haiyan Xinglong Haiyan Sima Hebei Hengcheng Hebei Xinli Jiangxi Kingwe & Yealy Ningbo Brightfast Ningbo Zhenhua Ruian Xintai Shandong Tengda Shanghai Jingyang Yongnian Hongda
By CFM ,2015-09-18 00:00:00
In the morning of September 17, 2015, the Indo Fastener 2015 declared open in the Jakarta International Expo, Kemayoran, Indonesia, concurrently held with another fair—Indonesia International Auto Parts, Accessories and Equip Exhibition. As a media partner of Indo Fastener, CFM attended this fair as a witness at the Booth B3-Q20. On site of Jakarta International Expo, it was calculated by the organizer-- PT Wahana Kemalaniaga Makmur (WAKENI) that there were over 100 exhibitors who were mainly from Asia Countries and Areas, such as China, Taiwan, Korea, and Indonesia. Based on the situation on the ground, fastener purchasers were mainly from Indonesia, Malaysia, Singapore and other Southeast Asian Countries, while a small part of them were from Europe, for example, UK. The purchasers from Indonesia inclined to purchase Bolts, such as Hex Head Bolts, High Strength Fasteners, and Furniture Screws. Due to the anti-dumping against China’s certain iron or steel fasteners, European purchasers can source a few kind of fasteners from China, which directly led to the decreasing orders to Chinese fastener enterprises from Europe and as well caused a strike to local European enterprises. The number of exhibitors from China multiplied over that of last year. Though being impact by the global economy, anti-dumping cases against China’s fasteners, and the transformation trend in fastener industry in China, China’s fastener enterprises positively seek to develop new overseas markets. How to achieve the market innovation and break-through is now the main problem putting in front of these fastener entrepreneurs. It was a great honor for CFM Journalist to witness the mien of fastener exhibitors onsite. The representatives of these premium fastener enterprises, mainly China fastener enterprises, included Foshan Sailuk, BSC, XLing, Zhenhai Huazhi, Jiaxing Xinxing, Handan Ruiqiang, Dongguan Dmscrew, Jiaxing Risen, Shanghai Kingpluse, Microgleit, Boito, KPF, Techfast, Changde Yufeng, Changzhou Wujin and Wuxi Anshida, etc. Foshan Sailuk BSC Suzhou XinLing Ningbo Zhenhai Huazhi Jiaxing Xingxin Handan Ruiqiang Dongguan Dmscrew Shanghai Kingpluse Microgleit Boito KPF Techfast Changde Yufeng Changzhou Wujin Wuxi Anshida
By Amit Panday ,2015-08-11 16:30:47
150-year-old family-owned French supplier of non-threaded fasteners is optimistic about smart growth in India. Now, its Indian arm is looking to increase the value of fasteners per car, says Amit Panday. ARaymond Fasteners India, the local arm of the French supplier of fastener solutions to the automotive industry ARaymond Group, is eyeing a year-on-year growth of 40 percent for the next three-four years. The company, which saw slow growth in 2013, witnessed a good business year in 2014 and a turnover close to Rs 75 crore. ARaymond in India is working towards its targets for 2018. While it has a massive manufacturing setup in Chakan (near Pune), Manish Padharia, managing director, ARaymond Fasteners India, told Autocar Professional that “it is tailor-made for Indian requirements and its current production capacity will suffice till 2018 considering the incoming demand for its products.” “In terms of current available production capacity of the machines installed, we are utilising close to 60-65 percent of the total production capacity,” he added. The plant, built on the company-owned land of 7.5 acres, however, has huge scope for future expansion as the current construction covers only two acres. ARaymond supplies its fastener solutions to OEMs across the industry, with 75 percent of the total sales coming from passenger car OEMs. Commercial vehicles and two-wheelers contribute close to 10 and 15 percent respectively of the total yearly business. The company sizes the market to understand the demand for its products by evaluating the value of fasteners used in a car. In Europe, as senior officials of ARaymond Fasteners understand, a car uses an average value of 50 euros (Rs 3,822) worth of fasteners. In India, this is substantially low. Talking exclusively to Autocar Professional, Jean-Yves Renoux, vice-president, ARaymond Network, said: “We evaluate the value of fasteners per car to be 50 euro at an average in Europe. This shows that you have a lot of fastener applications in the car. This is the way we size the worldwide market. In India, this obviously is very different. But we are following the growth of the market, and we hope we do better than the growth of the market." "By 2018, we want to increase the value of fasteners per car. We want to capture the value proposition as much as we can,” added Padharia. NANO BEGINNING ARaymond’s first Indian project was the Tata Nano. While the company saw its inception in India in November 2007 and later its humble two-moulding machine-facility was inaugurated in October 2008 in Pimpri, Pune, it had its team regularly flying from Europe to participate in the development process of the Nano project back in 2006. According to Renoux, “At each customer presentation, we proudly say that we are present in all the cars – from Tata Nano to Maserati. The Nano is an extremely well-designed car and has a lot of scope in the market.” Later as the company commissioned the Chakan facility in 2011, the plant was built within a year as the operations were moved from Pimpri to Chakan in end-2012. Other than the plant, it has sales and customer support offices in Gurgaon (Delhi) and Chennai. ARaymond’s current clientele includes all big OEMs such as Maruti Suzuki, Tata Motors, Mahindra & Mahindra, Hyundai Motor India, Bajaj Auto, Royal Enfield, Hero MotoCorp and others. WHAT FASTENERS? Explaining the business of fasteners, Padharia said, “There are two types of fasteners – threaded (conventional) and non-threaded fasteners. We make non-threaded fasteners, which are clipping fasteners. These are a completely different commodity. We try to replace the heavy fasteners, which are the nuts, bolts and screws. So threaded fasteners can be replaced by the clipping fasteners by removing the many conventional fastener components. Clipping fasteners can be used without tools and that can save time and costs along the assembly line. For example, on a shirt, you can use a button or a hook or a clip or even a tape.” While the clipping fasteners are pricier than conventional fasteners, cost stands as one major concern while drawing up viable solutions for the low-cost markets. Voicing his concern, Renoux states that “cost is a universal concern. However, it is a big stress here in India for sure. This is a booming low-cost market. Our customers expect very low pricing and stay competitive.” With increasingly shorter product development timelines, Renoux feels that it becomes difficult to create cost-optimised solutions. However, Padharia believes the company can bring a number of cost effective solutions to the table when it is involved early in a project. “I think when we are involved in a project from the very initial stages; we have the capabilities of bringing many cost- specific advantages with our customised solutions. While in other markets such as North America and Europe, the fastener companies are involved with the OEMs from the initial stages of project developments, in India this practice is now catching up. In those markets, we work as complete partners to the OEMs,” he highlighted. ENGINE OF GROWTH Bullish on India and appreciative of the Modi government, Renoux added that, “The government’s encouragement for manufacturing here is a very good step. It complements our growth plans. I come here two-three times every year and I can see the change. India in our network is a very important market. Our organisation has a very collaborative approach. Manish is a member of the executive committee of the whole group. So we meet every quarter. All the decisions are made by this executive committee and hence India is a part of the decision making for the worldwide operations.” Having invested close to Rs 85-90 crore in India so far and with production capacity to last a few years, the company management already has its expansion plans in the foresight. The vice-president added that “to support the market growth in the long run, we have to expand our operations in India, extend our footprints here and hire more people. We are also thinking about another manufacturing footprint in India. However, this will fall into consideration in the time to come. This plant (Chakan) is 60 percent occupied. And with the speed of growth, we may have to think differently to accommodate our customers’ orders.” Padharia, on the other hand, said the company has plans to increase its current headcount of close to 120 people to 250 by 2018. “We plan to develop an advanced engineering team in India for future projects catering to the local needs,” he concluded.
By Hilti ,2015-08-07 11:37:33
A total of six new Hilti products received honors in the Red Dot Award: Product Design 2015 competition. A Hilti rotating laser was also named “Best of the Best” in its category. This year some 4928 submissions from 56 countries were made to the Red Dot Award’s product design category. The international jury, consisting of 38 design professionals from 25 countries, handed out a total of 81 Red Dot: Best of the Best honors last night at the official awards ceremony in Essen, Germany. One of these awards was given to the Hilti PR 30-HVS rotating laser, which was the winner in the “Tools” category. The jury’s evaluations noted that: “The rotating laser impresses the user with a well-proportioned and compact design. It features an intuitive operating system and is very versatile. Perfectly developed details, such as the hard rubber handles and an exceptionally solid housing, protect the tool even under the harshest conditions.” Among other criteria, the jury evaluated the product in terms of degree of innovation, functionality, formal quality, ergonomics and ecological compatibility. The PR 30-HVS is the third Hilti product in three years to receive a Red Dot Award “Best of the Best” accolade. Hilti’s Chief Designer, Stephan Niehaus, is very pleased that the jury noted one of the tool’s innovative details. “The handles are a complex structure and include both hard and soft components that bend and buckle upon impact, ensuring that the tool’s highly sensitive measuring elements are protected even when subjected to significant impact. This helps minimize tool downtime or repairs and represents a true customer benefit.” Additional Red Dot Awards were given to a Hilti breaker, a cordless drill driver, a cordless impact wrench, a powder-actuated fastening tool and a setting tool that drills a hole and sets a metal anchor in a single step.
Based on the Customs Statistics of China Fastener Import & Export in February this year, the total import volume is 16,320,521 kg, whose total value reaches to 176,538,115 USD. Compared with the same period in last year, the total volume and total value decrease 19.7% and 17.8% respectively. In February 2014, the total import volume was 20,322,519 kg and the total value was 214,883,375 USD. The total export volume in February 2015 is 224,562,519 kg, 109% increased on the basis of that of last year. The total value reaches to 400,316,961 USD, increased 97%, compared with that of last year. It is easy to recognized that the total volume and value of export in February is higher than that of import in the same month. And the Additional Value of China Fasteners are much lower than that of overseas, while gap between the domestic and the abroad is widening.
What will happen in next five years? None can predict it. Perhaps Jack Ma will not rank first in the Top Searches and another Jack Ma will rise. No one knows. But it is undeniable that almost all walks of life are embracing the mobile internet nowadays, trying to grab chances for development. So does the fastener industry. Organized by www.chinafastener.com, the Second Global Fastener Industry CEO Summit will be held in Shanghai Hongta Hotel in the afternoon of June 26th, 2015,with the topic of “The Next Five Years”. Held every two years, the aim of Global Fastener Industry CEO Summit is to promote global fastener industry communication and development as it provides a highest platform for global fastener experts to share their successful experience and to enhance business relationship. “We will invite about 200 representatives from about 10 countries and areas who are leaders in fastener enterprises, fastener associations and relative fastener organizations. There will be about 5 honored guests invited to make a 15-minute to 20-minute speech respectively,” mentioned by Yang Junfeng, CEO of www.chinafastener.com. Agenda of Global Fastener Industry CEO Summit: Time Agenda Remarks 16:00-16:30 Sign in 16:30-18:45 Theme speech/ High-end dialogue Five experts from global fastener industry will make speeches or conduct face-to-face communication 18:45-19:00 Free Communication Discussing the development perspective of international fasteners industry 19:00-21:00 Welcome dinner of 2015 Global Fastener Industry CEO Summit Happy and relaxed moment, to recognize important distributors, industrial association, and the person in charge of fastener suppliers Attractions: A) Industrial leaders: CEO Summit invites honored guest speakers from global. There will be nearly 200 attendees from global famous fastener enterprises, magazines & industrial associations, and the famous industrial media will follow up to report； B) Distinct Theme: The honored guest speakers will make speeches on the topic of Next Five-Year for global fastener industry, sharing their wisdoms, from which you can learn more about how to find the development opportunities of fastener industry in the next five years； C) International scale: Invite oversea fastener experts, covering Asia, Europe, Africa, America, and Oceania; provide five-star hotels & first-class conference equipments; offer welcome dinner; supply simultaneous interpretation with multiple languages; make meeting materials & honored guest list； D) Valuable schedule: You can visit the largest fastener exhibition in Asia—Fastener Expo Shanghai (25-27, June, 2015) Any interest in attending CEO Summit, Please contact us at firstname.lastname@example.org or email@example.com. Tel: 86-20-66885155. For more information, please visit: http://ceo.chinafastener.com/nd2/index_en.html Source: www.chinafastener.com
On April 15th, the 117th session of China Import and Export Fair (Canton Fair) was declared open in Pazhou International Exhibition Center, Guangzhou. This fair offers 60,228 exhibition booths for totally 24,713 enterprises from home and abroad while the total exhibition space covers 1.18 million m2. Introduced by the organizers, it is predicted that the number of purchasers participating in this fair will decrease slightly and the volume of transaction will fluctuate between the normal range, due to the complicated foreign trade situation this year. And this fair is the first session of fair after the Guangdong Free Trade Zone was permitted by China Government, thus, there will be a special exhibition area to absorb foreign investment, for sake of supporting the Guangdong Free Trade Zone Conference. The Hardware & Tool Exhibition is arranged in the first phase of the fair, dated from April 15th to April 19th, mainly in the exhibition halls of No. 14.3, No.15.3 and No.16.3. It is reported by journalists from www.chinafastener.com (luosi.com) that the number of fastener enterprises participating this year is about 50, leveling off that of before. In this fair, regular participators all appear, such as Shanghai MinMetals, Ningbo Ningli High-Strength Fastener Co., Ltd., Ningbo Xingyi Fasteners Co., Ltd., Wuxi Anshida Hardware Co., Ltd., Zhejiang Sansega Industrial Co., Ltd., Handan Ruiqiang Fasteners Manufacturing Co., Ltd., Jiangsu Huasheng Fastener Manufacture Co., Ltd., Qifeng Precision Industry Sci-Tech Corp., and Dongtai City Huawei Standard Component Company Ltd.. Ningbo Ningli Company and Shanghai MinMetals use special large booths to attract foreign purchasers. Staff from other companies try to attract purchasers by taking the first step, hoping to get large orders this year too. During the interview, our journalists discovered that many participators held great interest in the 2015 Shanghai Fastener Expo organized by www.chinafastener.com (luosi.com). They as well spoke highly on the China Fastener Magazine and the Industrial Directory of Chinese Fastener. The recognition and support from clients motivate the whole team of www.chinafastener.com to do better.
Fastener Fair Stuttgart was grandly opened at 9:30 on Mar.3rd , 2015 in The Stuttgart International Exhibition Center. Editor Iris from ChinaFastener.com witnessed it at the exhibition and brought us the first-hand information of the fair. (CFM Stand: Hall8, S140) As the top fastener fair of the world, Fastener Fair Stuttgart successfully invited so many industrial experts and visitors to the big show to communicated, shared information and make a win-win corporation to each other. It is said by Iris that, there are 821 exhibitors from 42 countries and regions attended to the fair this year. Exhibiting area reached to 18,000Sqms, by the increase rate of 12%. 3/4 of the exhibitors are from other countries outside Germany, which are mainly from Italy, United Kingdom, Turkey, Netherlands, Spain, Poland, France, and most Asian countries and regions like Mainland China, Taiwan, India and South Korea. Most of the Chinese exhibitors are mainly in Hall 8. Many famous enterprises were busy at showing high quality product and enterprise culture in the fair. Wish all of them all the best. Special Rivets Corp.(SRC) Ningbo Xingyi Fasteners Saite Machinery Jiaxing Chinafar Standard Parts Wenzhou Kaixu Jiangsu Washen Jiaxing Port Lixin Shanghai Fast-Fix Rivet Corp. Ningbo ABC Hengfeng Rivet Ningbo Jingle Corp Shanghai Rivet Manufacture(RET) Jiashan Ziheng Factory Yuyao Mingfeng Qifeng Precision Industry Haiyan Hongmao Haiyan Fujian Fastener Haiyan Zhaofeng Fasteners Shanghai Jingyang Fastener Fair Stuttgart is such a meaningful exhibition that so many fastener industrial buyers, visitors and suppliers gathered to this show. Many Chinese exhibitors came to Fastener Fair Stuttgart because of its popularity. According to the series of interviews, Iris noticed that, by the influenced of European economy affection and the anti-dumping of European to China, most of the Chinese supplier said that, though the European market is obviously smaller than before, they can’t stop their steps to make development of Europe. What’s more, many European buyers hope the problem of anti-dumping will be solve as soon as possible, and so that to establish long-term corporative relations with Chinese fastener suppliers.
On the very first day of Fastener Expo Guangzhou 2014, www.luosi.com held a big celebration of its 10th anniversary on 24th Nov. with experts and leaders from more than 400 Chinese fastener companies and fastener associations. The fifth Chinese Fastener Summit was held at the same day. Many big names in industry attended the summit in the afternoon. The celebration was divided into three sections. In the afternoon of 24th Nov., a summit of fastener elites was held. The appreciation dinner came after in the evening. A special psychological lecture about wealth and restrictive concept was scheduled in the afternoon on 25th . The summit begun at 15:00 in the afternoon with the speech of Mr. Feng Jingyao, Chairman of China Fastener Industry Association on the topic of the current situation of China fastener industry. He emphasized that the older generation of entrepreneur should pay more attention on innovation rather than their rest glory since the relative trade advantage of China is becoming less and less distinct. Then an professional expert in internet industry, Mr. Xiong Youjun, shared his idea about the application of internet in the traditional industry. His ideas about how to utilize the new media and website for company promotion had enlightened many CEOs. Then, Mr. Chen Huayin, the CEO of Suzhou Fast Hardware Co,. Ltd, shared his experience on how to realize fastener e-business. As a professional fastener manufacturer, the online sales value of Suzhou Fast Hardware reaches about 100,000 million each year. Further on, a high-level fastener industry dialogue which was hosted by Mr. Yang Junfeng, the CEO of www.luosi.com. He invited four guests to debate on the topic of how should fastener companies make the most of internet and how to solve various kinds of problems in the Dinner started in a pleasant atmosphere at 18:00. An amazing sand artist performed sand animation to showcase the ten years’ development course of www.luosi.com, during which we also reviewed the foundation of ChinaFastener Magazine and www.chinafastener.com. It was founded in 2004. After ten years of devoted work , is now the official website of China Fastener Institute and the leading media in China’s fastener industry. www.luosi.com is the Chinese web and the international version is www.chinafastener.com. It also publish professional fastener guide books every year. Luosi Industry is the Chinese one and ChinaFastener Magazine is a Chinese-English bilingual one. Later, the enthusiastic dance performed by ten beautiful female staff of www.luosi.com stirred up the whole party. And the president of www.luosi.com, Wang Yanbo, together with three programmer and English editor of www.chinafastener.com, presented a inspiring song. What carried on was the link of lucky drawing and the evening ended in joyful mood. Most of the attendees expressed their appreciation towards the event by providing chance for them to communicate with each other. In the end, Mr. Feng Jingyao and the management unveiled a precious plaque which was given by a 98 year old eminent monk. It expressed the good wish that www.luosi.com to build century brand. Almost all the attended guests packed on the stage and had a big group photo. Happiness and satisfaction was so easily found on everybody’s face. process.
During 24-26 Nov., Fastener Expo Guangzhou was successfully held in Poly World Trade Expo Center. Foreign buyers came from 33 different countries, like Turkey, Italy, Poland, USA, Norway, Dubai etc. As was recorded by the organizers, the total number of visitors doubled than the last year on the second exhibition day. Overseas buyers consulting CFM’s customer service Big promotion painting of ChinaFastener Magazine Lots of CAS members (What is CAS members?) exhibited and told us that the show was a worth-going one, like Suzhou Xling, Shanghai Chengtai, Sailuk Rivet, Jiaxing Chinafar, S&D Fastener, Jiaxing Xinglin, Shanghai King Fastening, Jiangsu Washen, Yuyao Xintai , Cixi Jinggeng, Dongguan Demeng, Foshan Qingchang, Daqi Orient, Beijing Jinzhaobo etc. Jiaxing Chinafar Suzhou Xinling Sailuk Rivet Shanghai Chengtai Yuyao Xintai Cixi Jinggeng Foshan Qingchang S&D Fasteners Dongguan Demeng Shanghai King Fastening Though the scale of the show is not as big as Fastener Expo Shanghai, Fastener Expo Guangzhou was a great success not only to mention the large visitors flow, but also the great effect to promote business. And the organizers expressed their warm welcome and said that they will be expecting for more visitors to visit Fastener Expo Shanghai 2015 during 25-27 in the next year.