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Shandong's hardware industry has a unique 'leading effect'

by:Fortuna     2021-04-24
Shandong Province is an important manufacturing base and sales center of metal stamping products in my country. It has a long history, large-scale industry and strong strength. Since the reform and opening up, Shandong hardware stamping products industry has maintained a rapid and steady growth momentum. Especially in the new century, it has maintained a rapid development momentum. By 2008, it has basically maintained a high-speed growth of nearly 30% annually. After 2008, due to the impact of the financial turmoil, the industry growth rate has slowed down. Achieved an increase of about 15%. At present, there are more than 4,500 enterprises in the hardware industry in Shandong, and the overall scale of the industry has reached about 100 billion yuan, accounting for about 10% of the national total. At the same time, the development of Shandong hardware industry has distinct characteristics. The leading role is obvious. Haier in the kitchen appliance industry, Wendeng Weili in the tool industry, Yantai Sanhuan in the lock industry, Jinan Meide in the malleable pipe fitting industry, Guoqiang in the door and window hardware accessories industry, Sakura in the steel nail industry, Dongjin in the stainless steel tableware industry, etc. It is a leading enterprise in Shandong and the national hardware sub-industry, and it also occupies a pivotal position in the international market. Therefore, the development of Shandong's hardware industry is of great significance to the development of the national hardware industry. So, why are industry leaders concentrated in Shandong? The answers obtained through various channels are quite similar, that is, Shandong people's simple character and daring way of doing things. Several company executives said that the hardware stamping enterprises in Shandong are more willing to invest in production after making money, rather than engage in other investment and real estate projects. A large amount of capital investment has ensured that the plant, equipment, and personnel of the company have been moving to a higher level, and the scale of the company has been rapidly expanded. The seemingly simple and simple answer just reflects the true essence of Shandong Hardware's vigorous development: Focusing on the hardware stamping industry as the core, focusing all energy on the production and operation of the enterprise, relying on continuous investment in plant, equipment, technology and talents The joint force training mechanism of Shandong has finally achieved its unique status as a major modern hardware manufacturing province in Shandong.
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