May 02, 2024

Ningbo Fastener Private Enterprises Enters the “Buddle” Age

The private enterprises in Ningbo are a dynamic and creative group. Faced with the challenge from the outside, private entrepreneurs in Ningbo gradually realize that if companies want to be stronger and stronger, relying solely on their own strength is obviously not enough. As a result, they began to unite in a flexible and diverse manner to realize resource sharing and risk sharing, and to overcome difficulties and problems that cannot be solved in the market competition relying on the resources and capabilities of individual companies. Faced with macroeconomic regulation and monetary tightening, especially After entering the post-financial crisis era, private enterprises are facing more and more bottlenecks, and the difficulties and challenges faced by some SMEs are also increasing. Under the fluctuating global economy, most SMEs are fighting each other, and some even take measures to reduce prices or reduce product quality. This vicious competition will not only help companies out of the economic downturn, but also to a certain extent, Make the company go to a dead end.

The private enterprises in Ningbo are a dynamic and creative group. Faced with the challenge from the outside, private entrepreneurs in Ningbo gradually realize that if companies want to be stronger and stronger, relying solely on their own strength is obviously not enough. As a result, they began to unite through flexible forms to achieve resource sharing and risk sharing, and to overcome difficulties and problems that cannot be solved in the market competition by relying on the resources and capabilities of individual companies. Ningbo private enterprises are entering the era of Baotuan cooperation.

In Cixi City, under the jurisdiction of Ningbo, seven private enterprises such as Dongfang Qinye, Sinar Electronics, and Weisheng Chemical Fiber, together with four natural persons, established Cixi’s first venture capital company, Ningbo Borun Investment Venture Co., Ltd., with a registered capital of 1 Billion; At the same time, at the same time, Ningbo Dongyuan Venture Capital Co., Ltd., Ningbo Dasheng Fashion Co., Ltd., and Ningbo Changlong Garment Co., Ltd. jointly invested in the establishment of the first venture capital company in Fenghua City, which belongs to Ningbo City. -- Ningbo Kai Pu Te Investment Company.

In contrast to private ventures established by separate venture companies in the past, more and more private enterprises in Ningbo have embraced gold ventures and have invested in a wider area. New agricultural projects, new energy, and bio-pharmaceutical companies have become the focus of venture capital companies. Object.

Zheng Jianjiang, chairman of the Oaks Group and president of the Ningbo Private Entrepreneurs Association, believes that “clustering” can instill in the company a powerful force for competition and development, create new market advantages, and enhance its own competitiveness. Enterprises through the "cluster", the formation of alliances to integrate resources, after all, is a good way to deal with fierce competition.

"Buddle" once achieved "Ningbo Gang"

Ningbo people have been focusing on solidarity and mutual assistance since ancient times, and the strong cohesion of the concept of geographical groups has not been formed overnight.

The "Anonymous Annals" records the Ningbo people's "force of unity and self-government, and they are always aware of Yu Yu." Since the Song Dynasty, the Ningbo people have been consciously aware that their will and purpose alone are difficult to achieve. They need to combine themselves with subjects who have the same intention and purpose and can collaborate, or can complement each other in interests and other aspects. The subjects join together and move toward a certain goal through holistic activities. Therefore, they form mutual networks through mutual communication, common learning, and association, and form a network of people through the relationship between teachers' kinship, kinship, and kinship.

It is the integration of the strong political and economic interests and the blood and nostalgia that compose the ancestral homes in Ningbo. In places all over the world, where there are people living in Ningbo, organizations such as the "Si Ming Club" and "Ningbo Chamber of Commerce" can be found. Many of the later representatives of the “Ningbo Gang” giants were almost always helped at the start of their career.

Bao Tuan also achieved a certain degree of the current “block economy” in Ningbo. Ningbo's block economy, such as clothing, auto parts, and mold and home appliances, has formed the advantages of the industrial chain, which is also the result of mutual support among the same industry.

However, the team advantage of Ningbo is far from being played. When the Wenzhou people returned from one batch after another, a group of a group and a group of people who walked out of Zhejiang and went out of the country, the group influence of Ningbo Business Group gradually declined. According to statistics, Ningbo has 114 products that rank among the country’s “single-player” champions, and this data is constantly being updated, but it is basically just a single combat singles champion.

Most of Ningbo’s “single champions” are sometimes far worse than a “Wenzhou City”.

“Bao Tuan” is an important way of transformation and upgrading Many Ningbo companies envy the joint efforts of Wenzhou people and begin to plan their own solidarity.

Ningbo Fastener Industry Association has become the forerunner of Baotuan cooperation. As early as four years ago, Ningbo Xingtai Ningbo Fastener Co., Ltd., jointly invested by 7 members of the Ningbo Fastener Association and Hebei Xingtai Iron and Steel Co., Ltd., jointly invested RMB 1 billion, officially commenced operations. The joint investment of seven companies is a rare collective action by Ningbo enterprises.

This project, which uses Ningbo's collective strength to create the largest producer of fasteners in the north, has been referred to by the China Fastener Association as the "Fastener Industry Transfer Model Project."

Ningbo is the most important fastener production base in China. Ningbo fastener industry sales account for more than 25% of the national total, ranking first in the country. However, due to factors such as labor shortage and tight water supply, Ningbo fastener industry has to implement industrial transfer. The collective action of the seven Ningbo colleagues once again demonstrated the urgency of Ningbo’s industrial upgrading and began a new way of trying to unite and cooperate.

It is understood that Xingtai Ningbo Fastener Co., Ltd. has a total investment of 1 billion yuan in production projects and is a key project in Hebei Province. The project covers an area of ​​1,000 acres and is planned to be constructed in two phases. After completion, it will become the largest fastener production base in the north. After being put into production, it can realize an annual sales income of 3 billion yuan, annual production of various types of standard parts and automotive fasteners 300,000 tons, annual profits and taxes up to 450 million yuan, providing more than 3,000 jobs. The first phase of the project, which has just been put into operation, has an investment of 250 million yuan, and will produce 120,000 tons of intermediate and high-grade fasteners annually.

In Ningbo, there are many industries that resemble fasteners. Due to various factors, "going out" has become a necessity for many Ningbo companies. Compared with the previous ones that went out of business alone, more and more companies now realize that Baotuan may be the best way to go out. For small and medium-sized enterprises, Baotuan can not only solve the problems of the upstream and downstream industry chains, but also can obtain the greatest policy support from the local government with greater capital and strength. It can also rely on industrial clusters and rely on strong, forward-leaning alliances. , Reduce various costs and risks, improve competitiveness, and establish a relatively high level of industry average profit.

The group's form can be diverse. Upstream and downstream companies in the industry chain have embraced the company, such as the Ningbo fastener industry in Xingtai. There are also different companies that share the largest policy resources, such as the Wuhu Ningbo Private Park in Anhui and Jiangsu Huaian Ningbo Industrial Park.

In addition to the industrial Baotuan, Ningbo’s most prominent group is capital cooperation. Financing difficulties are a major problem that plagues SMEs. When the storm hits the global economy, SMEs face greater pressure, and banks reluctantly lend more credit to the issue. In such an extraordinary period, some small and medium-sized enterprises relied on the strength of their teams to collaborate with each other to collaborate and guarantee each other, reduce risks, and effectively solve financing problems. In Ningbo, nine chambers of commerce of the Cixi Jidong Chamber of Commerce “Wanji” and “Hualian Electronics” jointly invested 10 million yuan to form a fund transfer guarantee group and set up a special bank account for repayment and repayment. When a member company is temporarily short of funds When it is necessary to adjust the guarantee funds, it can apply; Ninghai Yuelong Street Chamber of Commerce has established a mutual fund for corporate development and has provided working capital for member enterprises with a total amount of more than 80 million yuan.

"Bao Tu" needs to work together with one another. The Ningbo Private Entrepreneurs Association is currently actively cultivating higher-level cohesion. At the meeting of the presidents of the Association held recently, the formation of a joint venture of private enterprises in Ningbo has become the consensus of many companies.

Ningbo entrepreneurs believe that the true embrace of the group requires the sameness of strength among enterprises. The so-called Baotuan group is not simply a merger of small and medium-sized enterprises into a large enterprise, but it must be handled in accordance with the economic laws.

Baotuan first needs the support of government-related policies. Government departments should guide them and provide relevant elements needed for industrial development, such as assisting in the establishment of corresponding economic parks, focusing on key and key enterprises, and realizing the integration of products through the use of their strong core capabilities and stimulating the effects of large radiation effects. Production and so on. In addition, actively reforming the administrative examination and approval system, changing government functions, and providing a more favorable policy environment for the development of enterprises.

Second, Baotuan enterprises must share a common vision, goals, and a feasible phased action plan. At the same time, they should select powerful and convincing leading companies to lead more SMEs to achieve their vision.

Ningbo's entrepreneurs realize that market competition is becoming increasingly international, and the largest Ningbo company is also a small company in the presence of international companies. In front of private entrepreneurs in Ningbo, it is necessary to take care not only of the interests of different companies but also learn from each other. Perhaps only in this way can we bravely stand in the forefront of international competition and usher in another glorious day for the development of Ningbo's private economy.

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