Financial turmoil lifted the veil of hardware and electromechanical industry

From the price rise of raw materials to the appreciation of the ***, from the promulgation of the new “Labor Contract Law” to the reduction of export tax rebates, to the current financial crisis and even the economic crisis, Chinese hardware and electromechanical companies have experienced in the past one to two years Excessive fluctuations, changes in these economic environments and policies, some are sudden and some are predictable.

Before the advent of the financial crisis, China’s hardware and electromechanical companies could barely breathe under the “four major pressures,” and the advent of the financial crisis, like the Optimus, not only shakes the foundations of many companies, but also hurts. The feelings of many of our so-called entrepreneurs can only be described in terms of a "miserable" word.

Guangdong, Jiangsu, Zhejiang and Shanghai hardware manufacturing enterprises closed down nearly one-third, workers with sad eyes left the factory for many years; business owners are completely dejected, some run, and some flee. Some companies are operating under negative profits, while well-known foreign companies and domestic high-quality companies are not affected. Zhejiang Boda Electric Co., Ltd., which has won the title of China Top Brand, has a slight decrease in its sales in the first half of 2008. The sales of McClock China have increased by 40% every year. Bosch's power tools use this crisis to counter the trend. While others are greatly reducing their expenditures, they have increased brand marketing efforts and placed advertisements for electric tools on several TV stations to promote sales. I believe that for Bosch, this financial crisis is the best time to compete with its peers. Why should it be as chaotic as domestic companies?

Therefore, in the crisis, many of our companies were eliminated, some companies still insisted, and some companies were limited in their impact. My conclusion is that backwardness will be eliminated. The overall backwardness of China's hardware, machinery, and electrical industries will advance under pressure. The crisis has opened up the veil of the Chinese hardware and electronic machinery industry. It is always painful to reveal the scars, but from In the long run, the benefits outweigh the disadvantages.