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Handan Zhengxin Spends RMB 1.2 Billion on "High-End Fastener Production Project"
| "Handan Zhengxin is planning to spend RMB 1.2 billion on "high-end fastener production project". After the completion of the project, the annual output of high strength fasteners and stainless steel fasteners for used in automobiles, electric appliance, furniture and electric power is projected to reach 125,000 tons."|
Benefiting from the introduction of a large number of high-end machines and the improvement of operational capacity, Handan Zhengxin Fasteners Co.,Ltd. has achieved steady growth in net profit in recent years. In the past five years, Handan Zhengxin, led by its CEO Anna Zhang, has stood out among many other fastener companies and made remarkable achievements with domestic sales of more than RMB 67 million in 2014.
Anna Zhang, enterprise legal person and CEO of Handan Zhengxin said in an interview, "At present, the competition of China’s fastener industry is becoming increasingly fierce. Only if our core competitiveness enhances can we secure an invincible position. Along with the implementation of brand strategy, we will adhere to the policy of diversified development, constantly optimize internal operation mechanism, improve production technique, control and save costs reasonably, and guarantee customers good quality products. It is expected that the sales performance in 2015 will maintain the growth rate of last year. "
Established in May 2012, Handan Zhengxin Fasteners Co.,Ltd. is a modern large-scale enterprise specializing in fastener production, steel distribution, warehousing and logistics. Covering an area of more than 50,000 m2, the company has four departments, namely Domestic Sales Department, Foreign Trade Department, Manufacturing Department and Overseas Marketing Department. Handan Zhengxin can provide a wide range of products with full specifications, including lock nuts, countersunk bolts, hex bolts, round head hex socket screws, self tapping screws, hex nuts, etc., which are made according to the standards of GB, DIN, BS, JIS, etc. Meanwhile, it can also customize non-standard products and special-shaped parts as per drawings.
In order to adapt to the rapid development of the company, Handan Zhengxin has started to adjust its product structure gradually and transition to the high-end fastener market, which echoes its development concept of "creating something new". This transition drives the company to get rid of the previous pattern dominated by low-end products and enables it to seize the high-end market. According to Anna Zhang, Handan Zhengxin is planning to spend RMB 1.2 billion on "high-end fastener production project". After the completion of the project, the annual output of high strength fasteners and stainless steel fasteners for used in automobiles, electric appliance, furniture and electric power is projected to reach 125,000 tons. Moreover, the new plant is expected to provide more employment opportunities for talents. By then, the tangible assets (the new plant) will be invigorated by the intangible assets (talents).
In terms of company strength, Anna Zhang pointed out, “Quality is the lifeline of enterprise development. Since the inception, Handan Zhengxin has been insisting on the principle of quality first and quality efficiency, and implementing the ISO9001 quality assurance system during every process of production and sales. We attach great importance to every aspect of production, and do not allow any errors occurred in each step."
"Our company has introduced several state-of-the-art production machines, including precision high speed thread rolling machines from JIANCAI, multi-stage cold heading machines from SHANGHAI BIAULI, cranes from HENAN MINE, cold heading machines from GUANGAN, oil extracting machines from DONGGUAN ZHENGXIONG, forklifts from TAIWAN HONGFU, etc. Excellent quality management, together with advanced inspection devices and methods, will satisfy users’ needs as much as possible and protect consumers’ interests." Anna Zhang added.
By virtue of refined products, excellent packaging and good service, Handan Zhengxin is well recognized by customers at home and abroad. Its products are widely used in automotive, engineering machinery, general machinery, and municipal infrastructure industries, and are exported to North America, South America, Australia, Europe, South Africa, the Middle East and other regions. It should be highlighted that Handan Zhengxin won the award of “Quality and Recommended Products of Yongnian Fastener Industry” in 2014.
Anna Zhang is confident about the company’s future. She told reporter of China Fastener Info, “Pocilies such as ‘One Belt and One Road’ and Yongnian government laying great emphasis on high-end fastener development have a positive effect on us. Additionally, a number of favorable policies, that are good for railway, construction, shipbuilding and other industries, will directly benefit our company, for we provide the supporting basic parts for those industries. With the expansion of market capacity in the future, we will actively expand our market share in related areas. Meanwhile, aiming to make Handan Zhengxin gradually known and recognized by the world, we will also further promote our product and brand in the international market by joining some large B2B platforms such as China Fasetner Info which help stimulate business process reengineering and integrate global resources."
Handan Zhengxin Fasteners Co.,Ltd.
Address: Southern Guangfu Street, Southwest of Yongnian Industrial Area, Yongnian County, Handan City, Hebei Province, China
Website: www.good-fastener.com, http://92465v.chinafastener.info
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