China's electric power tools are the status quo

Yongkang is a famous production area in the hardware industry. Yongkang hardware products cover more than 10,000 varieties of mechanical hardware, decoration hardware, daily-use hardware, construction hardware, tool hardware, and small household appliances. There are mainly eight pillar industries: including power tools and metals. Smelting and calendaring, weighing apparatus, small appliances, automobile and motorcycle accessories, stainless steel products, security doors, and scooters. Among them, Yongkang electric tool industry has a very good momentum of development.

Yongkang is a well-known hometown of hundreds of workers and a hardware capital. The output value of hardware industry accounts for more than 90% of the total industrial output value. It is the country's largest hardware product production base and distribution center.

Yongkang's power tools have an annual output of 23 million units, and the total output and export volume respectively account for 1/4 and 1/3 of the country's total. It is one of the largest export bases for electric tools, and it also shares with Japan and Germany the top three global power tools. .

Electric tools are one of Yongkang's economic pillars. In the past, due to shoddy work, counterfeiting and counterfeiting, Yongkang electric tools used to be infamous and were wearing regional hats for quality problems. Knowing shame is closer to being brave. In recent years, the Yongkang electric tool industry has fully implemented the strategy of building a quality market, consciously investing in rectification operations aiming at catching up with Japanese and German products, and has invested heavily in high-tech to transform itself.

China Science & Technology Hardware City is the largest, most full-featured and most powerful hardware product distribution center, information center, and technology exchange center in China. The country's domestic trade ranks among the nation's key wholesale wholesale markets. Last year, the market turnover was more than 15 billion yuan. It ranks fourth in 10 key markets in Zhejiang Province. The 9th China Hardware Fair held in succession was unprecedented. It became Yongkang Hardware's move to the world and World Hardware brought together an important stage for Yongkang. The second phase of the project, which covers an area of ​​500 mu, has completed the construction of the market area and opened for business. A comprehensive living area is under construction, and the construction of a logistics center and a convention and exhibition center are started. The National Development and Reform Commission will approve the name of the China Hardware Products Center and will devote itself to building an advanced hardware manufacturing base.

Yuyao's development history: Starting from small hardware, experienced the development process from small to large, from accessories to complete machine, with a solid foundation. In recent years, the city has promoted the sustained and healthy development of the power tool industry by vigorously accelerating the gathering, integration, and upgrading of the power tool industry and fostering a series of measures, including leading leading companies. It is reported that at present, there are more than 300 electric power tools companies in the city, of which 32 are above-scale enterprises and 8 are above 100 million yuan; annual production of electric tools such as electric drills, electric planers, and electric saws is more than 800 varieties. With 20 million units, the annual production value is nearly 6 billion yuan, sales revenue is nearly 5 billion yuan, and the export transaction value is 2 billion yuan; the output of various accessories accounts for about 50% of the country's total output, and the output value reaches 3 billion yuan. In April of last year, the city was awarded the China Electric Tools Manufacturing Base by the China Electrical Appliance Industry Association and became the third largest power tool industrial base in China after Jiangsu Qidong and Zhejiang Yongkang.

In recent years, Yongkang electric tools industry attaches great importance to the company's brand building, and constantly increase investment in science and technology, the development of new products. The number of power tool series products has increased from a dozen original types to more than 50, and the product specifications have increased from more than 80 in the past to more than 200, achieving diversification, large-scale, modernization, and scale from a single small power tool product. The direction of the new series of electric tools has entered the market, rapidly occupying the commanding heights of the market.

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