Employees:
501~1000
Year Established:
2014
Business Type:
Manufacturer, Trading Company
Jiangsu Hongbao Hardware Co., Ltd is 100% owned by Jiangsu Hongbao Group which was founded in 1958. The registering capital is about 20 million RMB. The company covers 90 thousand square meters, building area covers 87 thousand square meters. Company has more than 1010 employees and sales amount was 50 million USD in last year. Its main products include hand tools, wrenches, knives, scissors, forging parts.
Company passed ISO9001 and TS16949 quality management system, and GS, VDE, JIS product quality certification. Hongbao Hardware is the first company passed ISO:14001 Environment Management System. Hongbao Hardware is also the permanent members in China National Hardware Association.
Pliers, Scissors , kitchen knives and wrenches of "Hongbao" Brand have been authorized as TOP 10 famous brand of "China tools". Hongbao Hardware is the main standards setter of National Pliers Industry .
Company main products include: pliers, adjustable wrenches, scissors, kitchen knives, VDE screwdrivers and forging parts.
Monthly production capacity : all kinds of pliers 1.5 million pcs, adjustable wrenches 0.2 million pcs, scissors and kitchen knives 0.1 million pcs and 0.2 million pcs of forging parts.
Hongbao main products market share: 95% products sells overseas, 5% sells domestic and sales amount without tax is 253 million RMB last year.
Hongbao is the only company in hand tools industry in China who own it. The advantage is as follows: it can refine the steel's crystalline structure, and the hardness will be much more stable after heat treatment, which can extend the lifetime of our products, besides, we use electricity to operate the furnace, which can keep the temperature balance, also it is environmental.
As a world famous tool supplier, we insist on high-end product development as our profit strategy. Our R&D department accumulated more than 10 years experience , and we have 32 professional design engineers, who can use CAD, PRO-E, and so on.
The new products take more than 30% of annual total sales.
Currently Hongbao obtained dozens of patents, and 2 patents of inventions.
