Yongnian Fastener Output Hits 50B Yuan Under 14th Five-Year

[Abstract]:Yongnian's Fastener Sector Achieves High-Speed Growth, Surpassing 50 Billion Yuan in Output Value

Yongnian's Fastener Sector Achieves High-Speed Growth, Surpassing 50 Billion Yuan in Output Value

During the "14th Five-Year Plan" period (2020-2024), Yongnian District in Handan City, Hebei Province—a nationally renowned fastener production base—achieved remarkable accomplishments in its industrial development. According to data released at a special press conference held by the Information Office of the Handan Municipal Government on November 21, 2025, the district's fastener industry realized leapfrog growth across multiple core indicators, including output volume, output value, and tax revenue, with significantly accelerated industrial transformation and upgrading.

Data shows that from 2020 to 2024, Yongnian District's fastener production volume climbed from 4.6 million tons to 7.1 million tons; output value surged substantially from 30.1 billion yuan to 50 billion yuan, successfully breaking through the 50-billion-yuan mark; concurrently, tax revenue generated by the industry grew from 381 million yuan to 679 million yuan. Based on these figures, the compound annual growth rates for the aforementioned three indicators reached 9.07%, 10.68%, and 15.54% respectively, demonstrating a robust and high-quality development momentum.

Behind this series of impressive achievements lies Yongnian District's systematic efforts to promote the clustering and high-end development of its fastener industry. During this period, the strength and influence of the Yongnian fastener industrial cluster received high recognition at both national and provincial levels. It was successively designated as a National-Level Characteristic SME Cluster and included in the list of Provincial Key Cultivation Industrial Clusters, securing vital policy and resource support.

Simultaneously, the support system for industrial development has become increasingly comprehensive. A pilot project for shared manufacturing models was established in Yongnian, providing a platform for the industry to explore new pathways; the completion of the Provincial Fastener Product Quality Supervision and Inspection Center enhanced the authoritative quality assurance capability for regional products; the establishment of an Industrial Research Institute strengthened technological innovation and R&D functions; and the launch of a National-Level Public Service Platform for SMEs provided enterprises with comprehensive professional services. Particularly noteworthy is the official opening of the nation's first specialized Fastener Industry College in Yongnian, marking a new institutionalized and substantive stage in the integration of industry and education as well as professional talent cultivation, reserving intellectual resources for the industry's long-term development.

In summary, during the "14th Five-Year Plan" period, Yongnian's fastener industry not only achieved rapid scale expansion but also made substantial breakthroughs in quality and efficiency, cluster branding, innovation ecosystems, and support systems. Breaking through the 50 billion yuan output value milestone fully demonstrates the strong vitality and development potential of Yongnian as a core hub of China's fastener industry. It provides solid support for the high-quality development of the regional economy and lays a firm foundation for the industry to strive towards even higher goals during the "15th Five-Year Plan" period.

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Yongnian Fastener Output Hits 50B Yuan Under 14th Five-Year

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