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Hello friends, hello everyone. With the development of economic globalization, more and more Chinese products are entering the world stage, among which the auto parts industry is particularly eye-catching. Data shows that the global automotive hardware market will be worth as much as US$12.6 billion in 2024, and is expected to continue to grow at a compound annual growth rate of 10.01% until 2031. Against this background, China, as a major auto parts producer, has seen its market position continue to rise, attracting global attention.
Today, we are going to talk about such a Chinese company that has emerged in the auto parts industry - Datou Hardware Products Co., Ltd. This processing factory from Zhengzhou, Henan, focuses on the production of various industrial and architectural aluminum alloy profiles and supporting hardware products. With its innovative research on automotive infrared paint lamps, automotive anti-skid chains, high-power inverters and other products, Datou Hardware has won a good reputation in both domestic and foreign markets.
However, in the face of increasingly fierce competition in the auto parts market, Datou Hardware did not stop. They keenly saw the huge potential of the global mobile energy storage market, especially the energy storage market in Europe and the United States driven by the outdoor activity boom. So, Datou Hardware began its transformation plan from auto parts to energy storage. They took advantage of their original production advantages and vigorously developed portable energy technology and products, laying a solid foundation for transformation.
The road to transformation was not smooth, but Datou Hardware gradually opened the door to the energy storage market with firm belief and unremitting efforts. They opened stores on multiple e-commerce platforms, and the sales on Amazon platform exceeded 3 million US dollars in less than a year. This achievement not only proves the market competitiveness of Datou Hardware products, but also lays a solid foundation for its subsequent brand building and market expansion. In the next issue, we will take a look at how it expands its overseas business. Remember to pay attention to me~
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