As we all know, although our country is a big fastener producer, but due to the backward technology, most of the equipment for fastener production is imported from abroad. However, with the improvement of R & D level in China, the domestic fastener equipment has risen to a certain height. It is expected that by 2020, the production equipment and testing equipment in the fastener enterprises in China will be fully localized to more than 80%.

At present, the standard parts market of the overall hardware industry in 2013 is still a long way from what we imagined. In such a form, we can see that the screw economy of the entire international market, including the domestic market economy, does not have enough power. In other words, this is a period of time since the economic recovery, when there is no rebound capability.

From the second quarter analysis report of aluminum alloy shell standard parts, it can be seen that China's overall export volume has reached a low level, and has not achieved the expected breakthrough, which is very lethal. We can see our own statistical data shows that in this quarter, the total output value of standard parts we can achieve is about 73.2 billion yuan, with a year-on-year growth of only 0.5%, but the growth rate is very small compared with that of last year. And in terms of export volume, we can see a lot of declining data.

According to the customs statistics, the total export volume of screw products of aluminum radiator standard parts industry in foreign trade is 5.46 billion US dollars, showing a huge negative growth, down by - 9.1%. The import volume of screw products is 3.25 billion US dollars, which is also a negative growth, and has reached double digits. In terms of export, it is also very unsatisfactory. Although there is an increase in production, the year-on-year growth rate of export screw products is - 4%. It can be said that in this quarter, the whole standard parts industry showed a comprehensive downward trend.