Advanced Bolts is the foundation of high-end machinery manufacturing. On the surface, the bolt output value only accounts for a few percent of the machinery industry. In essence, the added value it brings to key components and equipment is much higher. For many years, China's bolts industry has experienced negative growth in 2012, down 1.5% year-on-year after continuous double-digit growth. This is mainly due to insufficient market demand, especially after bolts suffered international anti-dumping, export sales declined. situation.

The bolt market is fiercely competitive and is moving towards brand management. In the past 10 years, China's bolts have attracted the attention of the world at the speed of development, which has surprised developed countries but also allowed them to discover a new type of large market where multinational companies have entered the file. When domestic bolt companies suddenly felt that it was so difficult to survive in the market, powerful competitors have blossomed everywhere. In the current Chinese bolt market, some small and medium-sized bolt companies manufacture a large number of ordinary standard parts, which have not really brought the core competitiveness of the company but are subject to changes in raw materials, labor costs, and other conditions. From 4.8 to 6.8 low-strength bolts, or 8.8 to 12.9 high-strength bolts, the production technology level of Chinese bolts will be basically close to the world's advanced level, mainly for ordinary standard parts and low- and medium-grade special and special-shaped bolts. Cheap. It can be summarized as low-grade products flooding the dominant market, and a small part of high-grade, high-precision, high-strength bolts still need to be imported, and the difference between the unit price of the product and the bid price is about 6 times. It can be seen that China’s bolt industry is still a developing industry. It is “big but not strong” and “fat but not strong”. It has a large gap with the United States, Japan, South Korea, and Taiwan, and lacks technical services to solve mechanical problems. Solid solutions to realize the digitization of products, design, manufacturing, and management, and the greening of products and manufacturing processes. It is understood that the development of China's Bolts Manufacturers is under increasing pressure from resources and the environment. An important way to alleviate resource constraints is to develop green manufacturing. The development of bolts will continue to be actively promoted in the direction of brand management for a period of time to promote the full range of bolt project development.