China’s 75th National Day: Challenges and Opportunities for the Screw Machinery Industry

The 2024 National Day holiday has significantly impacted China’s screw industry. As an essential part of the manufacturing sector, the screw industry is closely linked to related fields such as plastic extrusion and injection molding. While the holiday offers companies a brief respite, it also presents challenges related to production and supply chains.

During the holiday period, many factories shut down, resulting in a slowdown in production. This situation has led to order backlogs for some companies, particularly given the strong demand leading up to the holiday. To address the production interruptions caused by the holiday, many companies in the industry have implemented measures such as advance production planning and inventory adjustments to ensure they can quickly restore supply after the holiday. Furthermore, companies are enhancing communication with customers to understand changes in their needs and adjust production schedules accordingly.

Although domestic market demand may decline temporarily during the holiday, export business has remained stable or even grown. Many screw manufacturers are seeking new opportunities in international markets, especially targeting countries and regions with a high demand for quality screw products. This diversification strategy helps companies establish a competitive edge in the global market.

In this context, Jinteng Company has opted to remain operational during the holiday, fully utilizing this time to ensure timely order fulfillment. Jinteng has planned ahead and organized staff to keep production lines running during the holiday, ensuring that customer orders are not affected, particularly with respect to international orders. This approach not only ensures production continuity but also strengthens Jinteng’s reputation among its clients.

Overall, the 2024 National Day holiday presents both challenges and opportunities for China’s screw industry. How companies respond to the impacts of the holiday will directly influence their market performance and future development. By implementing effective production arrangements, pursuing active market strategies, and maintaining continuous customer service, the screw industry can find resilience in adversity and look forward to future growth.

 


Post time: Oct-09-2024