Intensify innovation in hardware tools and actively explore international markets
Release time:
2018-07-14
In recent years, the development of hardware tools in China has been relatively smooth. However, from the overall form of the domestic hardware tool industry, most enterprises are still in the stage of producing low-end products and OEM.

In recent years, the development of hardware tools in China has been relatively smooth. However, from the overall form of the domestic hardware tool industry, most enterprises are still in the stage of producing low-end products and OEM. The competitiveness of domestic hardware tool products on a global scale is still not apparent. In addition, the profit margin of hardware tools is constantly being compressed due to the influence of the raw material market. If hardware tool enterprises still rely solely on price competition, it will be difficult to improve their core competitiveness.
After more than 20 years of development, hardware tools have become one of the industries with rich heritage. In recent years, there has been a strong demand both domestically and internationally, and the industry has entered a golden sales period. Developed countries in Europe and America, due to high local labor costs, choose to transfer the production of low-end products to developing countries and only produce high value-added products themselves. China has great market potential, mainly distributed in Zhejiang, Jiangsu, Shanghai, Guangdong, and Shandong, among which Zhejiang and Guangdong are prominent.
Hardware tools belong to China's traditional industry, and traditional industries also need to undergo transformation. In the context of the new era, seeking new development. If we continue to operate according to the previous mode, it is obvious that we cannot keep up with the trend of the times. As a hardware tool enterprise, we should continuously innovate our products, cultivate a professional R&D team, and achieve the localization of high-end products as soon as possible. Develop industrial clusters, promote continuous optimization and upgrading of industries, and make the competitive advantages of industry groups more clear. While stabilizing the domestic market, hardware tool enterprises can also develop targeted products to expand into foreign markets.
So in order to meet the needs of the domestic and foreign hardware tool markets, it is necessary to accelerate the development of new products, improve product quality, increase variety, and increase production. It is understood that in recent years, the demand for hardware tools in the processing fields of machinery, gemstones, medical equipment, wood, fiberglass, stone handicrafts, ceramics, and composite non-metallic hard and brittle materials has been increasing year by year. Currently, these products still rely on imports domestically, so it is necessary to develop various high-quality series of hardware tools as soon as possible to replace imports.
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