As a renowned fastener production and distribution base in China, Yongnian has the reputation of “Fastener Capital of China”. The fastener industry is one of the Top 10 characteristic industries in Hebei Province, and the annual production and sales of Yongnian account for 55% of the national market share.
In recent years, Yongnian fastener companies have been deeply involved in overseas markets, and their products are exported to more than 110 countries and regions including the US, Japan, Egypt, Dubai, etc.
By now, there are 476 fastener enterprises with independent export rights and over 50 export-oriented backbone enterprises in Yongnian. Moreover, there are 5 leading fastener enterprises who have established their overseas warehouses.
In 2022, Yongnian fastener export earnings grew by 70.8% year-on-year to about 158.6 million US dollars, bucking the trend of global slowdown. The annual output of fasteners in Yongnian reached 5.6 million tons in 2022, with output value of 38.5 billion yuan.
Since December 2022, Yongnian local government has started to arrange business delegations for Yongnian fastener companies to participate in exhibitions overseas. The exhibiting companies have received a large number of overseas orders through onsite participation or exhibtion representative service.
Post time: Feb-10-2023