Machinery / Industrial Parts & Tools

In the past few days, the production workshop of Hebei Taiji Fasteners Group Co., Ltd. in Yongnian District, Handan City, Hebei Province is very busy. Yang Lei, general manager of the company, said that since this year, the company has signed high-strength Orders for the supply of fasteners such as bolts, screws, nuts, etc., which lasted until the end of this year, with a total value of more than US$500,000.

According to the Propaganda Department of the Yongnian District Party Committee, since this year, Yongnian District of Handan City, known as the "Fastener Capital of China", has seized the favorable opportunity when the global epidemic is basically under control and international trade is gradually recovering to encourage companies to explore overseas markets. Fastener exports ushered in a spurt of growth. From January to May, the direct export output value of fastener companies in the region exceeded 39.61 million U.S. dollars, an increase of 274.78% year-on-year.

Fasteners, also known as "industrial meters", include screws, rigging, special-shaped parts, construction accessories, etc., are basic mechanical parts and are widely used in many fields such as industry and construction engineering. As the largest fastener production and distribution base in China, the output of fasteners in Yongnian District reached 4.6 million tons last year, accounting for 55% of the national market share. The products have more than 50 categories and more than 10,000 specifications and models. "The most influential fastener industry cluster", "Hebei Province Regional Characteristic Industrial Base" and other titles.

In recent years, while consolidating and expanding the domestic market, Yongnian District has played a "combined punch" to help fastener companies expand overseas markets. Encourage enterprises to expand their export business by inviting experts to train foreign trade clerks and handle foreign trade filing and registration at the door. At present, there are 269 fastener companies with independent export rights in the zone, more than 50 export-oriented backbone companies, and 5 leading fastener companies have established overseas warehouses.

In order to support the development of enterprises, Yongnian District has built two comprehensive foreign trade platforms to provide all-round services for small and micro enterprises to reduce marketing costs; establish an import and export chamber of commerce to allow enterprises to "go out to sea" in groups to enhance their ability to resist risks. Last year, the export of fasteners in this area earned 56.42 million U.S. dollars, and the products were exported to more than 110 countries and regions.

Wang Hugang, director of the Yongnian District Bureau of Commerce, said that since the beginning of this year, Yongnian District has adopted a number of measures to attract buyers from more than 10 countries and regions including Pakistan, and invited international trading companies such as China-Africa TEDA and Yiwu Antet to visit Yongnian. Enterprises have obtained a large number of overseas orders from this.

While relying on traditional sales channels such as exhibitions, Yongnian Fasteners also opened up Internet e-commerce channels to negotiate business with overseas customers. Wang Hugang said that now in Yongnian District, most fastener companies have opened websites, online shops, and opened e-commerce to realize the integration of physical and network operations and successfully expand overseas markets.

Zhao Xianyong, director of the Standard Parts Industry Development Management Committee of Yongnian District, introduced that in order to cooperate with Yongnian Fasteners in the overseas market, the district also cooperated with Hebei University of Technology and other universities to set up a Fastener Industry Technology Research Institute to promote industrial transformation and upgrading. At present, 18 technologies have obtained national patents, and the proportion of high-end products in the fastener industry has increased from 40% to 70%.