Ningbo Fastener Industry Twelfth Five-Folder not only bigger but also stronger

Last year, fastener sales in Ningbo reached 17.1 billion yuan, and the output was 1.6 million tons, accounting for 27% of the country. After a comprehensive assessment by experts in the assessment team, on April 15th, China National Machinery General Parts & Components Industrial Association officially awarded Ningbo City the title of "China Fastener Capital."

With years of development, Ningbo Fasteners has formed an industrial system with relatively complete categories, large scale, high grade products, and certain competitiveness. It is the most important fastener production and export base in China. There are 168 fastener enterprises above designated scale in Ningbo, 34 companies with sales revenue of 100 million yuan, more than 80 companies with sales of more than 50 million yuan, and about 30,000 employees. In 2010, sales reached more than RMB 17.1 billion, accounting for 27% of the country's total, ranking first in the country; foreign trade shipment value was US$610 million.

Fasteners are key components in the equipment manufacturing industry. Their level of development directly affects the revitalization of the entire equipment manufacturing industry. Ningbo City attaches great importance to the development of the fastener industry and is a traditional advantageous industry in Ningbo. Under the long-term care and support of the China Machinery General Components Industry Association, the fastener industry in Ningbo continues to develop rapidly and healthily. The comprehensive strength and core competitiveness of the industry have been significantly enhanced, and the degree of industrial scale and the awareness of regional brands have been continuously improved. Now it has become An important domestic fastener manufacturing base. The Ningbo area has gathered a number of fastener production enterprises with considerable scale and good overall quality. It is currently the most important fastener production and export base in China. It has a variety of specifications and a wide range of products for aerospace, weapons, and Machinery, transportation, construction engineering, metallurgy and mining, petrochemicals, electricity and energy, electronic communications, light industry and textiles and other equipment to provide support, and widely used in all aspects of social life.

After years of development, the fastener industry in Ningbo has formed an industrial system with complete categories, large scale, and certain competitiveness. It has maintained an average annual growth rate of more than 20% for many years. The technical level of fasteners produced in Ningbo is at a relatively high level of development. Fasteners can meet the needs of various customers at home and abroad.

The main products of fasteners in Ningbo include bolts, nuts, spring washers, tooth rods, high-strength connection vices, high-grade construction and decoration hardware, special-shaped parts, auto parts, etc. Some of these products have been used in high-efficiency clean power generation equipment, high-end cars, Heavy-duty trucks, rail transportation equipment, ships, construction machinery machinery, metallurgical mining equipment, electronic special equipment and emerging industries, high-end equipment manufacturing industry, Olympic "Bird's Nest" project, Hangzhou Bay Bridge, Zhoushan Bridge, Beijing-Shanghai High-speed railway Nanjing Yangtze River Bridge, railway trains with speeds over 300 kilometers per hour, and some key national projects such as the military industry, Ningbo fastener industry not only ranks in the forefront of the country, but also the ability to innovate. At present, Ningbo has 7 national high-tech enterprises and 2 state-level laboratories. It has 421 authorized patents, and one enterprise participates in the formulation of international standards. Five enterprises participate in the formulation of 23 national standards.

In recent years, the Ningbo Municipal Government has been making efforts to create a fastener capital, and has taken the fastener industry as the leading industry in Ningbo for its priority development and priority support. Through the research and formulation of the "Twelfth Five-Year Plan" industry development plan, the introduction of a series of policies such as policy orientation, tax incentives and promotion of independent innovation and other special incentives has created a good social environment for the sustained and healthy development of the fastener industry.

During the “Twelfth Five-Year Plan” period, the Ningbo fastener industry will rely on major equipment requirements and continue to develop high-strength fastener products. Further increase the degree of industrial concentration and innovation, and achieve a new leap in industry from big to strong.