Ningbo Fastener Private Enterprises "Block" Implementing Industrial Upgrade

It is understood that Xingtai Ningbo Fastener Co., Ltd. has a total investment of 1 billion yuan in production projects and is a key project in Hebei Province. The project covers an area of ​​1,000 acres and is planned to be constructed in two phases. After completion, it will become the largest fastener production base in the north. After being put into production, it can realize an annual sales income of 3 billion yuan, annual production of various types of standard parts and automotive fasteners 300,000 tons, annual profits and taxes up to 450 million yuan, providing more than 3,000 jobs. The first phase of the project, which has just been put into operation, has an investment of 250 million yuan, and will produce 120,000 tons of intermediate and high-grade fasteners annually.

In Ningbo, there are many industries that resemble fasteners. Due to various factors, "going out" has become a necessity for many Ningbo companies. Compared with the previous ones that went out of business alone, more and more companies now realize that Baotuan may be the best way to go out. For small and medium-sized enterprises, Baotuan can not only solve the problems of the upstream and downstream industry chains, but also can obtain the greatest policy support from the local government with greater capital and strength. It can also rely on industrial clusters and rely on strong, forward-leaning alliances. , Reduce various costs and risks, improve competitiveness, and establish a relatively high level of industry average profit.

This project, which uses Ningbo's collective strength to create the largest producer of fasteners in the north, has been referred to by the China Fastener Association as the "Fastener Industry Transfer Model Project."

The group's form can be diverse. Upstream and downstream companies in the industry chain have embraced the company, such as the Ningbo fastener industry in Xingtai. There are also different companies that share the largest policy resources, such as the Wuhu Ningbo Private Park in Anhui and Jiangsu Huaian Ningbo Industrial Park.

In addition to the industrial Baotuan, Ningbo’s most prominent group is capital cooperation. Financing difficulties are a major problem that plagues SMEs. When the storm hits the global economy, SMEs face greater pressure, and banks reluctantly lend more credit to the issue. In such an extraordinary period, some small and medium-sized enterprises relied on the strength of their teams to collaborate with each other to collaborate and guarantee each other, reduce risks, and effectively solve financing problems. In Ningbo, nine chambers of commerce of the Cixi Jidong Chamber of Commerce “Wanji” and “Hualian Electronics” jointly invested 10 million yuan to form a fund transfer guarantee group and set up a special bank account for repayment and repayment. When a member company is temporarily short of funds When it is necessary to adjust the guarantee funds, it can apply; Ninghai Yuelong Street Chamber of Commerce has established a mutual fund for corporate development and has provided working capital for member enterprises with a total amount of more than 80 million yuan.

"Bao Tu" needs to work together with one another. The Ningbo Private Entrepreneurs Association is currently actively cultivating higher-level cohesion. At the meeting of the presidents of the Association held recently, the formation of a joint venture of private enterprises in Ningbo has become the consensus of many companies.

Ningbo is the most important fastener production base in China. Ningbo fastener industry sales account for more than 25% of the national total, ranking first in the country. However, due to factors such as labor shortage and tight water supply, Ningbo fastener industry has to implement industrial transfer. The collective action of the seven Ningbo colleagues once again demonstrated the urgency of Ningbo’s industrial upgrading and began a new way of trying to unite and cooperate.

Ningbo Fastener Industry Association has become the forerunner of Baotuan cooperation. As early as four years ago, Ningbo Xingtai Ningbo Fastener Co., Ltd., jointly invested by 7 members of the Ningbo Fastener Association and Hebei Xingtai Iron and Steel Co., Ltd., jointly invested RMB 1 billion, officially commenced operations. The joint investment of seven companies is a rare collective action by Ningbo enterprises.