The small screws Changzhou people do not see, but the achievement of the Wenzhou Wang and Fang's big business. Unlike other big deals that cost millions of dollars each, Wang Hefang’s screw business is almost a point and a quarter. "A good screw sells a few cents, but it only sells for a few cents." Although profits are not high, he has been doing this for nearly 20 years.
From small counters to big companies, from a small shop to eight stores... With the spirit of screws, Hefang Standard Parts Co., Ltd. founded by Wang Hefang has now become one of the best screw sales companies in Changzhou.
In 1993, Wang Hefang, who was only 17 years old, followed his brother to come to Changzhou from Yueqing. At first, Wang Hefang rented a dozen square meters of storefronts on Pok Oi Road. The narrow space was only enough to put a shelf, a counter, and the operation was just a few simple varieties. "We can only make a few hundred dollars a day for living expenses." Under Wang Hefang’s painstaking efforts, the business of the small store is booming, resulting in a number of new and old customers.
With the new storefront, Wang Hefang began to expand the product management category, from dozens to hundreds of species, up to thousands of species, product varieties, specifications continue to improve. The company operates a plastic control machine tool screws, a box will be a few million.
Once, a customer called out an urgent need for an unpopular fastener product, but the amount needed is not large. Wang Hefang did not find any warehouse. Seeing the customer's anxious look, Wang Hefang asked the staff in the shop to go out and look for this product. After some tossing, several of them were finally found on the market. Wang Hefang generously delivered these fastener products to customers. This impressed customers and virtually accumulated customer resources for the company.
At present, Wang Hefang operates more than 10,000 standard product varieties, with a daily delivery of 30 to 40 tons. “Because the variety is complete, some customers around Changzhou will also come close to us to get goods.†Wang Hefang said. Today's Hefang Standard Parts Co., Ltd. has become one of the best screw sales companies in Changzhou. The company owns five underground warehouses, eight stores, eight professional trucks... and has initially formed a chain sales network. Wang Hefang also became the veritable Changzhou "screw king." Now, he will also look to the production field. In the suburbs of Changzhou, he built a fastener production plant, which is currently in trial production. In the next step, he intends to merge the fastener production base with the sales base and build the company into a specialized fastener product company integrating production and sales.
From small counters to big companies, from a small shop to eight stores... With the spirit of screws, Hefang Standard Parts Co., Ltd. founded by Wang Hefang has now become one of the best screw sales companies in Changzhou.
In 1993, Wang Hefang, who was only 17 years old, followed his brother to come to Changzhou from Yueqing. At first, Wang Hefang rented a dozen square meters of storefronts on Pok Oi Road. The narrow space was only enough to put a shelf, a counter, and the operation was just a few simple varieties. "We can only make a few hundred dollars a day for living expenses." Under Wang Hefang’s painstaking efforts, the business of the small store is booming, resulting in a number of new and old customers.
With the new storefront, Wang Hefang began to expand the product management category, from dozens to hundreds of species, up to thousands of species, product varieties, specifications continue to improve. The company operates a plastic control machine tool screws, a box will be a few million.
Once, a customer called out an urgent need for an unpopular fastener product, but the amount needed is not large. Wang Hefang did not find any warehouse. Seeing the customer's anxious look, Wang Hefang asked the staff in the shop to go out and look for this product. After some tossing, several of them were finally found on the market. Wang Hefang generously delivered these fastener products to customers. This impressed customers and virtually accumulated customer resources for the company.
At present, Wang Hefang operates more than 10,000 standard product varieties, with a daily delivery of 30 to 40 tons. “Because the variety is complete, some customers around Changzhou will also come close to us to get goods.†Wang Hefang said. Today's Hefang Standard Parts Co., Ltd. has become one of the best screw sales companies in Changzhou. The company owns five underground warehouses, eight stores, eight professional trucks... and has initially formed a chain sales network. Wang Hefang also became the veritable Changzhou "screw king." Now, he will also look to the production field. In the suburbs of Changzhou, he built a fastener production plant, which is currently in trial production. In the next step, he intends to merge the fastener production base with the sales base and build the company into a specialized fastener product company integrating production and sales.
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