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Prince Fastener:Zhejiang Haiyan’s second fastener company landed on the China Beijing Equity Exchange

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Prince Fastener:Zhejiang Haiyan’s second fastener company landed on the China Beijing Equity Exchange

Rongyi Precision is a national high-tech enterprise and a “little giant” enterprise specialized in the Ministry of Industry and Information Technology. Its main business is the research and development, manufacturing and sales of precision metal parts such as precision fasteners, connectors, and structural parts.

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After sorting out the Zhejiang companies listed on the China Beijing Equity Exchange, the reporter found that Rongyi Precision will be the fifth company listed on the China Beijing Equity Exchange in Zhejiang Province and the second company in Jiaxing City.

On April 15, Qifeng Seiko, also from Haiyan County, Jiaxing City, Zhejiang Province, was successfully listed on the China Beijing Equity Exchange. Qifeng Precision is a high-tech enterprise specializing in the research and development, production and sales of mid-to-high-end fasteners.

Qifeng Precision and Rongyi Precision are from the same county in northern Zhejiang, and both come from the fastener industry. After careful sorting, the reporter also found that on May 11, just in the past, Yuxing Fasteners (Jiaxing) Co., Ltd. (referred to as “Yuxing Shares”) completed its listing in the National Small and Medium Enterprises Share Transfer System.

We can’t help but ask: What is the charm of this local industry that can be so favored by the capital market?

“In a market segment industry like fasteners, companies can land in the capital market one after another, and they come from the same place, indicating that the industry has formed a certain industrial cluster in the local area.” Liu Jing, chief researcher of Shenwan Hongyuan New Third Board, analyzed this way. .

For Liu Jing’s analysis, the reporter found the answer in Haiyan County. Fasteners are an “old brand” traditional industry of sea salt, so sea salt is also called “iron sea salt”. According to statistics, in 2020, the annual output value of the fastener industry in Haiyan County will reach more than 13 billion RMB, and the upstream and downstream enterprises in the industrial chain will realize the main business income of more than 17 billion RMB, accounting for one-fourth of the total in Zhejiang Province and 70% of the national total. one tenth.

The data also shows that Haiyan has become a leading fastener base in the country with outstanding industrial scale advantages. There are more than 600 fastener manufacturer in the county, including more than 150 enterprises above the designated size and more than 20 enterprises with 100 million RMB.

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From the perspective of product types and specifications, at present, Haiyan County has built four fastener industry clusters, namely Development Zone, Qinshan, Yucheng and Lanpu, and a characteristic small and micro park, attracting nearly 300 fastener companies to the park. , which involves more than 120 auto parts manufacturers, and more than 10 manufacturers of wind power, military, and nuclear power related products. The products cover more than 14,000 types and specifications of 12 categories of products such as nuts and screws.

The development of this industry in Haiyan County is closely related to local support. Since 10 years ago, Haiyan County has comprehensively carried out the transformation and upgrading of the metal product manufacturing industry with a focus on fasteners, forcing enterprises to rectify or eliminate their technology, and solve the problem of low added value, small industrial scale and environmental problems in the fastener industry. Pollution and other development problems and bottlenecks, realize the “reborn” of the whole industry “slimming” and improving quality.

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At the same time, the local area also uses digital empowerment to let “digitalization” out of the circle to open up a new future for fastener companies.

On the one hand, in 2019, Haiyan County successively released policies such as the “Three-Year Action Special Policy for the Digitalization and Intelligent Transformation of the Fastener Industry in Haiyan County” and the “Three-Year Action Plan for High-quality Innovation and Development of the Fastener Industry in Haiyan County”. Difficulties in the production, operation, process and management of enterprises have given wings to the digital transformation of enterprises.

By the end of 2020, Haiyan fastener enterprises have invested 1.426 billion RMB in intelligent technological transformation, and the coverage rate of intelligent technological transformation of regulated fastener enterprises is 73.08%, and the coverage rate of key enterprises has reached 100%.

On the other hand, in response to the new situations and new problems encountered in the development of the enterprise, Haiyan has established a national-level inspection and testing platform (Haiyan National Standard Product Quality Supervision and Testing Center), a provincial-level scientific and technological innovation complex (Zhejiang Fastener Innovation Service Complex), education and training platform (Haiyan County Vocational and Technical School) and industry service platform (Zhejiang Fastener Industry Chamber of Commerce) and other industrial public service platforms, to establish the standardization of the whole life cycle of fasteners from raw materials, auxiliary materials, semi-finished products to finished products In the system, a total of 1 international standard, 17 national standards and 4 Zhejiang fastener supplier have been formulated (revised).

“The listing of Qifeng Precision and Rongyi Precision has also provided a good reference for these enterprises to use the capital market to innovate and develop, and will help promote the sustainable and healthy development of the Haiyan fastener industry.” Liu Jing said.

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