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Fasten Group Imp. & Exp. Co. Ltd.
Fasten Group Co., with Jiangyin Steel Wire Rope Factory as its earlier name, is developed from a producer’s cooperative of fiber rope established in 1964. After going through three-step ventures from a fiber rope producer to steel wire rope manufacturer and then to an export-oriented hi-tech enterprise, Fasten has paved a healthy developing way of ‘talents being essential, science and technology being fundamental, quality being superior and management being practical’. Fasten Group Co., with metal products as its core business, is a diversified enterprise involving in the activities of optical-communication, new material and modern service industry. It is the state large-scale enterprise, state key high & new-tech company and one of the state Top 520 enterprises. It is the only State First Grade Enterprise in metal products industry, the export base of machinery and electrical products, and is also one of the first group of companies having the Self-Import & Export Authorization. Since 1998, the company is authorized by the State government of No.1 in the metal products industry, Top 500 enterprise, observing contract and respecting credit enterprise, inspection-exemption enterprise. In 2007, Fasten Group Co. achieved operating income 2.0 billion US Dollars, sales income 1.8 billion US Dollars, profit and tax 0.2 billion US Dollars and export value 0.203 billion US Dollars. According to the data of the National Metallurgy Statistical Society of China, since 1990 Fasten Group Co. ranks No.1 in metal products industry for 18 years, in not only technology innovation ability, output, product variety, but also export value and taxes. In July 2008, it is authorized one of the State first 91 innovative enterprises (the only one in southern Jiangsu), by the Ministry of Science and Technology of the People’s Republic of China, State-owned Assets Supervision and Administration Commission of the State Council and All China Federation of Trade Unions.Fasten Group Co. sticks to the strategy of leading technology and continuous innovation, optimizing and upgrading the industrial structure and improving the core competition constantly. It is the first to establish the state technological development center, post-doctoral technology innovation center and engineering research center of metal products. Sticking to the policy of ‘talents being essential’, Fasten Group Co. has established a high level technology working group which owns rich knowledge, innovation abilities and dedication spirit, with a percentage of 27% of our employees, among which 12 doctors and 53 masters. This group has been our key bone of scientific-technology progress and innovative development.
Manufacturer / Producer - Metallurgy & Metalworking
- Year incorporated
- 214 400, China, Jiangyin City, Jiangsu Province, No. 165 Middle Chengjiang Road