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The Upgrade Path of the Development of the Export Trade of Metal Stamping Products

Upgrade approach to promote the development of my country's hardware stamping products export trade (1) Develop smart hardware stamping products and expand international market share. Since domestic foreign trade enterprises of metal stamping products basically manufacture products according to the needs of customers, although this method is targeted, it has led to the lack of creativity in metal stamping products foreign trade factories and it is difficult to obtain qualitative improvement. The development of leading products is conducive to the expansion of international market share in the foreign trade of metal stamping products. Related factories should actively innovate and develop smart metal stamping products, such as smart locks, smart cabinets, and smart mirrors. At the same time, my country should establish a specialized technology research and development base for the metal stamping parts industry, and increase the investment in testing funds, so as to promote the intelligent metal stamping products produced in my country to take the lead in the world and promote the increase in export volume. (2) Make full use of Internet technology to build a professional foreign trade platform for metal stamping products. At present, my country's metal stamping products industry should make full use of Internet technology to build a professional metal stamping products foreign trade platform. The construction of the platform should be organized by the person in charge of the industry association, and all companies should actively participate. The platform should include functions such as real-time transaction price trends, chat and order transactions, and the platform should also build a professional logistics system. Specialized organizations are selected by industry associations to unify management of related businesses. At the same time, third-party payment, international data dedicated lines and other transaction needs should be introduced to provide convenience for both parties to the transaction. In addition, an experience exchange column should be set up on the platform, and relevant factories can exchange experience with each other. Therefore, with the rapid development of advanced Internet information technology, metal stamping products production companies should continue to promote the construction of export trading platforms to promote export facilitation. (3) Increase the down payment ratio for foreign trade products of metal stamping parts to effectively avoid exchange rate risks. At present, in order to reduce the risk caused by exchange rate fluctuations and prevent exchange losses, when my country's metal stamping parts production factories are engaged in foreign trade products, the down payment ratio of foreign trade product contracts should be increased. For example, increase the down payment rate for signing contracts from 5%-20% to 30%-40%. The appreciation limit can be agreed with the other party in the contract. If the delivery time exceeds the limit value, our factories have the right to adjust the foreign trade price of metal stamping products to deal with the risk of exchange rate fluctuations. In addition, the factory can try to switch loans, repay the RMB loan in advance before the repayment period, and then switch to the U.S. dollar loan. In this way, financial instruments can be used to effectively avoid exchange rate risks and control forward transaction losses. (4) Trade associations formulate standards for foreign trade groups to seize the right to speak on quality. The Hardware Stamping Products Association should work with relevant household hardware stamping parts associations to formulate targeted foreign trade group standards based on the actual situation of foreign trade in recent years. When formulating group standards, industry associations with legal personality take the lead, market-oriented, and encourage industry leading factories to share their own outstanding technical indicators, and in this way, develop the most advanced indicators in the industry. After the implementation of the group standard, the quality of foreign trade products is effectively guaranteed, and the hardware stamping parts industry can seize the right to speak in the quality of the industry, thereby driving the foreign trade of my country's hardware stamping products. In addition, the system of foreign trade organization standards can avoid blind and vicious competition among foreign trade companies, and trade associations can handle market competition in a standardized and orderly manner. (5) Promote the adjustment of product structure and factory structure to promote industry optimization. my country's hardware stamping parts foreign trade factories should promote the adjustment of product structure and factory structure to promote industry optimization. At present, the industry cluster of my country's metal stamping products industry has a considerable scale, and there are currently 39 industry clusters. my country should actively guide these industry clusters to transform and upgrade, take the road of intensive development, vigorously carry out independent innovation activities, transform scientific and technological achievements into productivity, and promote industry optimization. In addition, it is necessary to give full play to the group competitive advantages of the industry cluster itself, and each factory adopts mutual cooperation and specialized division of labor strategies, while continuing the advantages of the traditional metal stamping parts industry, it must also move into high-tech and new fields to promote the industry upgrade. In addition, my country should intensify efforts to cultivate and develop industry clusters, adjust industry structure, improve marketing and service systems, formulate long-term development strategies for factories, and clarify their development positioning. Previous post: Analysis of the main reasons for the decline in foreign trade of metal stamping products

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Dongguan Fortuna was established in 2003. It has a factory area of 16,000 square meters and 260 employees. It is a production enterprise specializing in precision metal stamping parts, precision CNC processing, injection molding and product assembly.
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