The development of Shenzhen‘s precision parts processing industry:

　　The hardware industry is developing very fast. The most concentrated markets in the traditional hardware industry are mainly concentrated in mechanical hardware, construction hardware, decorative hardware, and daily hardware. The trend of industrial concentration in the hardware industry is also obvious. The domestic hardware industry is mainly concentrated in Guangdong, Zhejiang, Jiangsu, Shanghai, Hebei, Shandong and other economically developed provinces and regions. Traditional hardware enterprises have relatively single products. Many enterprises only make matching and accessories for other manufacturing enterprises. They are relatively dependent on manufacturing enterprises and respond slowly to market demand. Traditional hardware companies do not pay attention to the research and development of new products and the extension of the market, resulting in a lack of continuous competitiveness of enterprises. In the face of increasingly specialized market demand and increasingly fierce competition, many early-stage hardware companies feel powerless.

　　How to make enterprises have sustainable competitiveness is a topic that many hardware companies are thinking about. Therefore, the concept of "large hardware manufacturing" has gradually been mentioned by hardware industry entrepreneurs and experts on various occasions, and the call for integrating the hardware-manufacturing industry is also getting louder and louder. The hardware industry mainly changes the physical shape of metal raw materials, processes and assembles them into products. As long as the industrial field with the assembly of metal parts as the main process belongs to the category of the hardware industry. If we expand the concept of hardware manufacturing to the entire manufacturing field and think about the development of the hardware industry from the perspective of manufacturing, the concept of "large hardware manufacturing" is born: from the processing of metal materials to the manufacturing of primary metal products to the manufacturing of general-purpose production equipment, and then to the manufacturing of special equipment for various industries in the national economy. The production activities in this entire industrial chain can be called "large hardware manufacturing".

　　Precision parts processing In areas where the hardware industry is concentrated, such as Yongkang, Zhejiang, Foshan, Zhongshan, Guangdong, etc., traditional hardware manufacturers have gradually realized forward and backward integration. Manufacturers who originally only produced hardware spare parts have also ventured into the manufacturing of large machinery and equipment. Usually, enterprises in a region have also realized the strategic integration between enterprises from raw material processing to spare parts supply to finished product manufacturing. Hardware manufacturing enterprises also pay more attention to product research and development and technological innovation, and scientific and technological research and development has also promoted the industrial upgrading of hardware enterprises. "Large hardware manufacturing" has become a common practice in areas with concentrated industries.

　　Precision parts processing In fact, the transformation of small hardware to large hardware is the process of transforming traditional hardware into modern hardware, and the only choice is to rely on scientific and technological progress, take the road of science and technology development. How to integrate the resources of all parties in the hardware industry, so that the hardware manufacturing industry can better adapt to the development trend of economic globalization? The information integration function of the Internet has provided the possibility for industry alliances: the emergence of industry e-commerce platforms has provided many enterprises with a trading platform that can cross the space, and the use of the Internet to sell their products has formed a trend. In 2004, among the most commercially valuable business websites in China, industry B2B accounted for more than half of the country, and hardware industry websites ranked among the top.