Automotive fasteners usher in favorable new policies

In the past ten years, my country has introduced the corresponding steel for automobile fasteners while introducing automobile and motorcycle production lines, and has gradually realized localization. Among them, the domestic conversion rate of high-strength automotive fasteners is the highest, which promotes the development of my country's iron and steel materials and industry, and gradually reduces my country's industrial technology level and material application level. Automotive fasteners are truly localized and internationalized. Only then can we truly improve the competitiveness of my country's auto industry. It can be seen from the statistics that the world's automobile multinational companies, especially the fastener enterprises, have gradually shifted their R&D and production bases to my country, and paid more attention to developing the market in China, which has also cultivated a large number of high-quality talents for my country's fastener industry. Talents, and the comprehensive advantages brought by this talent advantage will sooner or later appear in the independent innovation of Chinese fastener companies.

At the same time, my country's fastener enterprises have advantages that developed countries cannot match in terms of labor costs, number of process technicians and production potential. Statistics show that the satisfaction rate of China's automotive fastener product varieties has reached more than 60%, the domestic market satisfaction rate has reached more than 70%, and the production capacity of general low-end products has greatly exceeded the market demand. As a labor-intensive and raw material-intensive automotive fasteners, my country is also increasing its technological research and development and equipment introduction in all aspects.

With the further favorable national policies, more and more demands will be released. The fastener industry will closely integrate the upstream and downstream resources of the industry, fully grasp the changes in user needs, and greatly enrich the application scenarios of the industry. Through the continuous optimization and upgrading of product and service quality, the explosive growth of fastener industry applications is promoted.