Enterprise restructuring is a trend, and strategic alliances seek development. The current low industrial concentration of China's Bolt Nut and Washer enterprises has severely restricted the improvement of China's Bolt Nut and Washer competitiveness. The market opening over the years has not brought core technology. In view of the above situation, restructuring and strategic alliances between enterprises are a general trend. China's Bolt Nut and Washer industry must follow this trend and trend, strengthen strategic cooperation between enterprises, and improve the overall competitiveness of China's Bolt Nut and Washer. China's growth in the core technology of Bolt Nut and Washer lacks breakthroughs. At the same time, the living space of low-end Bolt Nut and Washer has been squeezed smaller and smaller. Foreign-funded enterprises through localization also have considerable cost advantages. Coupled with the advantages of technological brands, they have begun to expand into the market space of original independent brands. March.
China’s Bolt Nut and Washer industry is still a developing industry. It is “big but not strong”, “fat but not strong”. It has a large gap with the United States, Japan, South Korea and Taiwan, and lacks technical services to solving machinery. Fastening solutions to realize the digitization of Bolt Nut and Washer, design, manufacturing and management, and the greening of Bolt Nut and Washer and manufacturing process. It is understood that the development of China's Bolt Nut and Washer is under increasing pressure from resources and the environment. An important way to alleviate resource constraints is to develop green manufacturing. The development of Bolt Nut and Washer will continue to be actively promoted in the direction of brand management for a period of time to promote the all-round development of the Bolt Nut and Washer project
