At this stage, with the tightening of the world economy and the expansion of downside risks in China's economic development, the requirements for the middle and lower reaches of fasteners are not enough, especially the production of low-end and middle-end fasteners in China is obviously overcapacity, and the supply of high-end products is insufficient. It is urgent to adjust the industrial structure. Compared with the overseas leading level, the technical strength in the field of fasteners in my country is still very different, and the key lies in the production equipment and raw materials. Most fastener manufacturing enterprises in my country have a small business scale, late manufacturing start, insufficient machinery and equipment, slow processing technology innovation, and poor surface treatment standards, resulting in overcapacity of moderate product production in the fastener field in my country. The supply of fastener products cannot meet the demand. In addition, the types, specifications and quality of steel used for fasteners in China cannot fully meet the regulations in the field of fasteners. The systems that need to be dealt with in the metallurgical industry have been migrated to fastener enterprises. At this stage, only a very small number of enterprises can use their own Strong comprehensive strength to deal with this problem. In my country, it has become a powerful fastener manufacturing country in the world. In the past 10 years, with the adjustment of the layout of my country's fastener industry, major changes have taken place in the structure of enterprises and products, and the production and manufacturing enterprises of high-strength fasteners have increased. From China's point of view, the top 5 places in the export value of fasteners are concentrated in Jiaxing, Zhejiang, Ningbo, Zhejiang, Shanghai and Shenzhen, Guangdong and other regions with prosperous fastener industry chains. Zhejiang Province took the two largest positions in the total trade volume and total trade volume of China's fastener imports and exports in the first half of the year. Generally speaking, the current situation of China's fasteners is that there are many manufacturing companies, but many companies have not formed a large production scale. Most small and medium-sized enterprises in the industry have a weak technical foundation, mainly produce low-end products, and the product market is highly competitive. , it is also necessary to continuously accelerate development and independent innovation, reduce the gap with overseas standards, and improve its comprehensive strength.