By | 2007-11-13 00:00:00
Since the very beginning of 2007, Chinese fastener industry has been in an unstable situation. Changes coursed by competition bring a new situation, while domestic fastener manufacturers will meet new challenge. Multinational magnates come to China to set their factories one after another---more than 200 factories so far. For advantages, it can help to improve strength of the whole Chinese fastener industry, for disadvantages, it will bring more challenge to domestic manufacturers since there are certain difference between domestic companies and foreign companies. For example, Adolf Würth GmbH&Co.KG has built up a fastener manufacturing factory in Shenyang, mainly producing high quality bolts, selling products only in domestic market.
By | 2007-11-06 00:00:00
Prosperous Fastener Industry, Bright Screw Career ---An exclusive interview of Mr. He Ganhui, president of Dongguan Ronghui Screw Co., Ltd Company Profile Dongguan Ronghui Screw Co., Ltd., established in 1991, locates in the famous manufacture town-Shijie town on the bank of Dongjiang River. It is called “Dongjiang Pearl”. The company has developed into a civil enterprise with 10,000 square meters standard manufacturing workshops. There are four plants drawbench plant, screw-producing plant, hardware plant and packing plant. The company has abundant technology force and adopts advanced screw production equipment and Taiwan mould. It is strict with production from drawbench working procedure to finished products. It is specialized in manufacturing various Metric/Imperial Standard screw, tapping screw, fibre screw, rapid tooth iron plate screw, furniture screw and hardware fittings including decoration, toys, electronics, cloth hook and so on.The company has adhered to the principle of “people essential, customer uppermost, survive by quality, develop with credit” for over ten years. With customers’ support and reliability, the company has greatly developed. Its products are well sold at home and abroad. We will continuously cooperate with customers and wholesalers to create bright future. Mr. He Ganhui received an interview from the editor in Luosi.com. It was really a tough question for Mr. He to introduce and share his near twenty-year experience within one or two hours. However, he did make it in a unique way. After ups and downs in his work, Mr. He has found the leverage for successful career at last: Quality + Credibility = Development. The Way to Success—My First Future Speaking of his first future, Mr. He said:” It is really very hard to get it” It was 1991 when Dongguan was still at theearly stage of industry development. At that time, Mr. He realized Dongguan geographical advantage and the regional advantages and then established Dongguan Ronghui Screw Co., Ltd. Although the factory was set up, what Romghui had to face were a pile of difficulties—market, products, clients, service…..They met all the difficulties as other enterprises in the same line would encounter. Mr. He stuck to the philosophy of “survive with quality, develop with credibility” resolutely. He kept encouraging himself “Only with high quality can enterprises establish business with customers”. Dependent on high quality and well-known credibility, Ronghui got some stable customers step by step. “These stable customers are my fist fortune” Mr. He said. Development strategies (Ⅰ)--pursue advanced facilities and technology With fund support, Ronghui stepped on the way of expansion. At that time, the fastener industry was developing very well and the competition was getting more and more fierce. How could Ronghui stand out in such fierce competition? Mr. He fell down to deep thinking. Mr. He always analyzes competitors’ mode of production with a cool mind and believes that quality comes first in the fierce competition. “Our way of thinking is the most valuable. Only with a good mind can we make an achievement.” Mr. He commented. Quality control is mainly dependent on facilities, technology and staff. Therefore, Ronghui started to introduce in advanced producing facilities and Taiwan’s moulds. Mr. He commented that fasteners were the comprehensive combination of a lot of advanced technology. For example, we should strictly stick to the measures starting from material selection if we want to make the products meet the standard; meanwhile, in order to improve work efficiency, precise modified facilities are needed; while advanced technology is the foundation for above-mentioned items. Ronghui is not only seeking for perfection in manufacture, but also have advantage in technology. Ronghui adopts advanced technology throughout the whole process making operation simpler. Development Strategies (Ⅱ)-- Pay Attention to What the Customers Care As what Mr. He said, customers are the focus of Ronghui. Ronghui can supply different fasteners according to customers’ request. Paying attention to what customers care, Ronghui will provide advanced technology, facilities and excellent service. In the same time, Ronghui pay much attention to credibility.” Running an enterprise is just like being a man; credibility is the face of a man and the company image.” Mr. He thought. Strictly control product quality, effect the shipment on time, pay attention to what customers care and supply excellent pre-sales and after-sales service. Mr. He thinks that enterprises should follow these rules to maintain company credibility. Ronghui endeavors to convey their spirits to customers and make them think of quality and credibility when they come to Ronghui. Development Strategies (Ⅲ)--Work + Study = Life Mr. He runs his business in four aspects. First, build up product concept in the market. Keep on researching the market, pay attention to the marker and the need of customers. According to the feedback from the market, manufacturing high-strength, high added-value products will become the main stream in fastener industry in the near future. Therefore, Ronghui will adjust product mix to meet the standard of high added-value products. Secondly, adopt operation values. All the staff in Ronghui are cultivated to hold this value” Work + Study = Life”. Meanwhile, the company conveys the spirit of forever pursuit for credibility to its staff. Although they can not self-exam all the time, Ronghui people will ask themselves every day: Did I work hard today? Thirdly, serve customers. Mr. He said:” There will be infinite work for enterprises if customers are treated as the God faithfully by the enterprises.” So Ronghui keeps making great efforts to provide excellent and comprehensive service for the customers. Fourthly, seek sustainable development. Facing a lot of variables in the market, Ronghui makes a comprehensive plan to maintain the stable developing momentum. Afterwards “There is a long way in front of Ronghui”. Mr. He, as the guide of Ronghui, will surely meet a lot of difficulties. However, Mr. He believes that everything will get better and better if he can take everything easy and keep working hard. We also believe deeply that Ronghui together with his guide will have a bright future.
By | 2007-09-04 00:00:00
What the demand of Russia to bolts, nuts, screws and other fasteners is what the ordinary people's demand of food, which is on the rise constantly. Nowadays, in particular, Russia sees its golden time of construction, resulting in increasing demand of fasteners at growth rate of over 15% annually. The output of Russian domestic fasteners, however, is declining by 10%-- 15% year on year, which leaves the sparing market share under the thumb of Chinese fastener companies. Russian demand for fastener arises According to some hardware experts, Russian demand for fasteners, in the coming three years, is about to increase by 7% annually, among which the construction section sees the fastest growth¡ª15% year on year. Despite of the total annual demand being around 160,000 tons (25 million dollars), only 25% of the construction fasteners is from Russian domestic companies, with the rest imported from other countries. Chinese fasteners dominate Russian market Russian market saw the total demand of fasteners reaching about 250,000 million tons, among which the imported volume accounted for over 50%. Based on some statistics, 75% of the fasteners used in Russian construction section are imported, mainly from China, Southeastern Asia and Ukraine, reflecting that Russian domestic fastener companies have been losing their marker share constantly. Currently, since Russian domestic fasteners can¡¯t meet customers'demand, there are some customers still buying low-end fasteners, but the number is on the decline. In the international market, the bolts and screws made in China are put into use in so many ways, and what¡¯s more, they are in favor with customers due to their good quality and reasonable price. Why Chinese fasteners can be of such strong competitiveness? That's because the price and quality of fasteners form China can meet the demand of customers, which lead China to be the major fasteners producer in the world. Compared with China, Russian domestic fastener companies have no such thing of competitiveness at the current moment. www.Chinafastener.com
By | 2007-04-18 00:00:00
Wenzhou Entry-exit Inspection and Quarantine Bureau: nine fastener manufacturers have been prevented from export, which is the first time Wenzhou city has stopped fastener manufacturers from export. There are more than 60 standard fastener manufacturers in Wenzhou, mainly spreading in Longwan, Leqing and Rui'an. Their products are exported to Mid-east, Russia and Africa, etc. Wenzhou Entry-exit Inspection and Quarantine Bureau began to test the products of these manufacturers from this May, nine manufacturers failed in the test. The major problems were unconfirmed materials, errors in the size and tolerance quality. They were stopped from export according to some relative rules, two had been permitted to export again till yesterday after remedial measures. Standard fasteners are widely used in furniture, construction and machinery, etc. therefore, high demands are placed on them. Staff of Wenzhou Entry-exit Inspection and Quarantine Bureau suggest all the fastener manufacturers should strictly check the materials, size and tolerance quality, to avoid any inconvenience caused by the quality of products in export. www.Chinafastener.com
By | 2007-04-17 00:00:00
China will encourage foreign investment while protecting the rights and interests of Chinese businesses in disputes over foreign mergers and acquisitions, said Ministry of Commerce spokesman Wang Xinpei on Wednesday. Wang was commenting on the soured relationship between domesticbeverage company Wahaha and its business partner, French food giant Danone. On Tuesday officials claiming to represent 20,000 Wahaha employees sent a statement supporting the Hongzhou-based beverage group in its fight against a possible four billion yuan takeover of Wahaha's businesses which it set up outside the existing joint ventures. In response, Emmanuel Faber, president of Danone for Asia-Pacific, said Wednesday in Shanghai that the company would take legal action. He gave Zong Qinghou, founder of the Wahaha Group, a deadline of 30 days to end the feud otherwise Wahaha's businesses that wereestablished outside the joint ventures would be sued. Citing terms of the companies' joint venture contract inked 10 years ago, Faber stressed that the Wahaha brand name belonged to the joint venture only. Zong, however, insists that the terms wereunfair to the Wahaha Group. "Danone has pumped over 170 million U.S. dollars into the jointventures over the past decade, and has been able to take out 380 million U.S. dollars in profit sharing," said Zong. "The value of the joint ventures has risen by 51 percent in that time." Wahaha, which started off as a factory in a small school, has grown into a conglomerate that produces more than a dozen productsincluding bottled mineral water, dairy products, and juice packs. Wang Xinpei said that the Ministry would handle foreign acquisition disputes "strictly by rules".
By | 2007-04-12 00:00:00
China's securities regulator said Wednesday it has joined an international securities investigative agreement that will help it solve cross-border regulatory problemsand achieve a higher level of market regulation. The China Securities Regulatory Commission said it received approval to be a signatory member of the International Organization of Securities Commission (IOSCO) at the ongoing IOSCO's 32rd annual conference in Mumbai, India. A total of 41 securities regulators have been approved, the commission said in a press release. It said the signatories will help the IOSCO to boost securitiessupervision and launch more effective crackdowns on securities-related crimes. It noted the accord will enable it to get assistance from foreign signatory members when investigating insider dealings, stock price manipulations, and other types of cheating on domesticstock markets. The signatory will also help China play a more active role in formulating international securities regulations, the commission added. IOSCO was founded in 1983 in Madrid of Spain with the aim of providing effective surveillance of international securities transactions to maintain just, efficient and sound stock markets.
By | 2007-03-25 00:00:00
The Chinese Hardware Product Association date front outside announced that, at present, world developed country markets and so on US, Europe to the nail class product year demand 10,000,000 tons about, the Chinese nail class product pass through approximately these year development, presented the strong competitive power in the international market, the volume of exports has occupied the global market about 25%. The system nail industry belongs to the labor-intensive form industry, Western industry developed countries and so on US because of the resources and the labor force restriction, the production enterprise faced with the production suspension, produces a different product the condition, needs the product main dependence from the developing nation import. Our country relies on the rich resources and the labor force superiority, has become the world developed country hardware product main supply country. In the last few years, along with the developed country from the Chinese purchase nail class product quantity unceasing enlarge, the quality requirement unceasing enhancement, our country nail class product production enterprise in order to meet the international market need, introduces the overseas advanced equipment and the technology unceasingly, enabled the product quality to achieve the world advanced level, and had the excellent aspect which fell short of demand. At present, our country nail class product production mainly concentrates in places such as Shandong, Shanxi, Jiangsu, Hebei.In 2005, the entire profession first six enterprises sew a kind of product the sales income to achieve more than 20 hundred million Yuan, the market share about 20%, they also is the domestically produced nail class product exportation main army.
By | 2007-03-13 00:00:00
Passes through for several years to grow with steady steps, the Chinese hardware manufacturing industry already became the world output first great nation, at present the annual production amounts to 250,000,000,000 Yuan. According to News learned from China's Hardware Product Association that, took rises rapidly the profession, the Chinese hardware product year import and export volume, in 2004 achieved 31,220,000,000 US dollars, among, the export amount achieved 24,132,200,000 US dollars, produces along with the product can the expansion with the Chinese economy strong growth, in the future 3 years, the Chinese hardware import and export will still maintain 30% high rate of increment. This kind of strong development situation causes the Chinese five gold brokerages at the international standing unprecedented enhancement. Chinese Hardware Product Association already officially obtained in 2006 the 49th session of world hardware congress the sponsorship, Chinese and Cologne, Germany, the exhibition company jointly held the Chinese International Hardware Show (CIHS) also already to become the world hardware profession to unfold the meeting influential, regardless of were participation business or displays the area, leapt to second in the world. Chinese Hardware Product Association Director Zhang Dongli indicated that, in this year October the Chinese Hardware Show (CIHS) has gathered the Chinese 90% hardware shareholding system and makes the base, converges the hardware tool, the hardware, the kitchen health product and so on four big kind of high-quality goods, has represented the Chinese hardware profession strongest battle formation and the maximum level, becomes the overseas buyer purchase ¡°Made in China¡± important platform. At present will come from Germany, US, Italy, Switzerland, Holland, Mexico, Singapore, India, South Korea, Japan and so on more than 100 overseas participation business already registers the participation, the global four large hardware building materials transnational retail merchant - - Home Depot, Lowe's, B&Q, OBI leads to buy wholesale the hand meeting purchase greatly, the Kingfisher, Leroy Merlin, Carrefour, Wal-Mark, Metro and so on 40 transnational chain-like enterprises expressed the alliance unfolded can advance in China's several hundred million purchase plan.
By | 2007-03-05 00:00:00
A train designed to run at a speed of 200 km per hour left east China's Shanghai for Suzhou early Wednesday morning, ushering in a high-speed era for the world's fastest growing economy. Nationwide, 140 pairs of high-speed trains with a speed of 200 km per hour or a faster speed will begin to hit the railways on Wednesday. The number will increase to 257 by the end of this year. Numbered D460, the train left Shanghai at 5:38 a.m. and is expected to arrive in Suzhou 39 minutes later. Wednesday marks the the beginning of the sixth "speed boost" of Chinese railways, which has been hard-pressed to cope with the country's hunger for bigger transport capacity. Chinese railway officials said last year, China fulfilled a quarter of the world's total railway transport volume on railways accounting for only 6 percent of the world's total length. "The sixth speed lift will boost passenger capacity and cargo capacity by over 18 percent and over 12 percent respectively," said Hu Yadong, vice-minister of railways. Jiang Bilin (R1), chief train attendant of D460, gives instructions to the sanitory workers before the train leaves Shanghai for Suzhou in east China's Jiangsu Province early Wednesday morning, April 18, 2007. The train marks the beginning of the sixth "speed boost" of Chinese railways, which has been hard-pressed to cope with the country's hunger for bigger transport capacity. An elderly couple walk along the platform to board D460, the first high-speed train to hit the rail, in Shanghai early Wednesday morning, April 18, 2007. The train marks the beginning of the sixth "speed boost" of Chinese railways, which has been hard-pressed to cope with the country's hunger for bigger transport capacity.
By | 2007-02-27 00:00:00
Fastener industry is a pillar industry full of features. To enlarge and strengthen this industry, HaiYan County has took Daqiao Area as the core area to develop standard industry.It also extends to WuYuan Town , YuCheng Town ,and QinShan Town Industrial Function Area. It all developing with the characteristics of fixing each position, displaying each advantage and propelling the development of fastener industry. As parts of the core area, DaQiao Area mainly located the development in high-strength fastener, on the plan to attract strong businesses. At present, There are 12 items of fastener industry projects have been signed in DaQiao Area, 937 million yuan of total investment. As an extension of the core areas, Yucheng Town Huangqiao Hardware Industrial takes transportation advantages, specially built a factory in accordance with the fastener enterprises standard, plans to attract more investments. Now, there are 19 enterprises and industries have signed the investing agreements, with the total investment over 25 million yuan. There are 40 fastener enterprises in Wuyuan Function Area which had made the annual volume of 30 million yuan last year. And there are more than 30 fastener enterprises in Qinshan Town.
