The advanced Bolt Nut and Washer is the foundation of high-end machinery manufacturing, and its role can be described as "four or two shifts." On the surface, the output value of Bolt Nut and Washer 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. Over the years, China’s Bolt Nut and Washer industry has experienced negative growth in 2012 after double-digit growth, with a year-on-year decrease of about 1.5%. The main reason is that the market demand is insufficient, especially the Bolt Nut and Washer has suffered internationally. After the anti-dumping, export sales showed a downward trend.
On Bolt Nut and Washer, mid-to-high-end Bolt Nut and Washer will accelerate the localization of quality research and development. The whole process from design, manufacturing, packaging, transportation, use to end-of-life disposal must consider the least waste, the lowest emissions, and the resources. High utilization rate and minimum environmental impact, so as to coordinate and optimize corporate and social benefits.
In terms of circulation, explore various value-added service models to bring value and benefits to customers. From providing a single set of Bolt Nut and Washer to providing mechanical fastening solutions, customized services, remote monitoring, etc., the proportion of services in the sales revenue of Bolt Nut and Washer manufacturing companies will gradually increase.
