Fastener Production & Sales in Wenzhou City (China) Rises Against the Odds
The fastener industry in Longwan District of Wenzhou City remains in a growth trend this year. Currently the city has reached a total production value of over RMB 7.5 billion, up 5%. The total export volume of the city has reached 5,954 tons, up 28.71%.
Integrating with the Internet, the fastener industry in Longwan District kicked off a boom of independent research and development. “For instance, the threading machines produced by ZhongTe company in Wenzhou City contains 5 patents,” said Secretary Chief of Wenzhou Fastener Association. The association actively helps companies improve their core technology, brand awareness and reputation.
The fastener industry in Longwan District is a combination of two approaches, one that targets technical reform, and the other targeting collaboration between the industry and universities, taking the industry to the next level. ZhongTe collaborated with universities and refined the old structure of threading machines through innovative approaches, creating a a new threading machine with smaller size, larger threading force and higher precision.