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Metal stamping parts have become a future business opportunity for the hardware market. From the recent actions of individual companies, the author has led to the following thinking.
With the intensified competition pressure in the automatic lathe parts market, most hardware factories are in production, and their profit margins at all stages of the industrial chain are shrinking, and the room for price reductions is decreasing.
After the increase in electricity prices, the production costs of hardware factories have increased. They have to rely on their own digestion, and it is difficult to pass them downstream. The profit margins of hardware factories are further squeezed.
The vicious circle of industrial chain development has led many hardware factories to realize that if they want to develop in the long term and do a good job in the market, they must choose a new battlefield.
At the same time, price competition alone cannot establish core competitiveness, which is not the direction of long-term development, so we strive to explore new development paths. At the same time, strengthen the technological innovation and quality improvement of the company's own products, and establish a new main line of business policy to ensure the realization of the sustainable development of the company.
At the same time, a considerable number of cities, as land-sale markets, are not only large in number and low-grade, but are mostly integrated, without professional characteristics and dislocation management. As a result, competition is intensified and development is restricted. Reshuffle is inevitable.
We are very optimistic about the few professional markets that have a small production area, a national type, and an international market. This is the most active and vital cell for the local market to integrate into the global market. These professional markets not only have a large market space, but also have a good combination with local industries. The support of local governments is much greater than other types of professional markets.
In addition to its industrial clusters, the hardware stamping parts industry is developing in other regions. We can see that the current development of first-tier cities is still mature, and there will be a corresponding scale of operation no matter which generation of the market is.
But relatively speaking, the development of second- and third-tier cities still lacks.
In the next three to five years, with the deepening of urban planning, I believe it will also drive the development of hardware channels in second and third tier cities.
If an enterprise wants to develop an agent, it may learn from Startech tools and establish its own store as soon as possible, which may be a good way to make a fortune.
Contact Person: Steven Yan
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One-stop manufacturer for all kind of stamping products and CNC lathed products.