中
  • 1996 year

    The company was founded in 1996

  • 13000 m2

    The factory covers an area of over 13000 square meters

  • 1000 people

    There are currently over 1000 employees

  • 80 Individual

    Our products are exported to over 80 countries and regions

明升伟业

Industrial layout

Specializing in the design, manufacturing, and production of various high-end industrial power tools, pneumatic tools, and manual tools from Europe and America, as well as non-standard hardware manufacturing and design, high-strength automotive standard parts, sensors, and other products; We provide customers with solutions for various tool assembly applications, which are widely used in the fields of matching and intelligence.

Core advantages

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Physical distribution management
Stereoscopic warehouse management, achieving visual management through kanban.
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Quality assurance
Passed ISO9000 and QS9000 certifications, and obtained IATF16949: Automotive Manufacturing System Certification in 2018.
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Research and development manufacturing
A modern technology enterprise that integrates scientific research and development, production and manufacturing, sales and services.
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Service Team
Mingsheng Weiye adheres to the corporate philosophy of "meeting customer needs and prioritizing customer satisfaction".

News and Information

Research on the Development Motivation of China's Stainless Steel Hardware Tools Industry

2023

09 -20

Research on the Development Motivation of China's Stainless Steel Hardware Tools Industry
Since 2012, the impact of the financial crisis on China's stainless steel hardware tool industry has been decreasing, and the industry has gradually overcome the effects of the financial crisis. With the gradual recovery of the domestic and international markets for stainless steel hardware tools, Chinese stainless steel hardware tool enterprises are not only maintaining the European and American international markets, but also gradually turning their attention to larger foreign markets and increasing channel and brand building efforts in the domestic market. The requirements of the international market for China's stainless steel hardware tool products are gradually developing and changing. There will be higher requirements for the quality, packaging, and supply period of Chinese products, and even gradually extending to the production process and product research and development, combining products with environmental protection, energy resources, and cultural environment. The huge market position attraction will further attract multinational stainless steel hardware tool manufacturing companies to transfer to China. In the context of continuously improving product quality and expanding market, the development prospects of China's stainless steel hardware tools are very broad.
How to expand the market share of resource sharing in the export of electric tools

2023

09 -20

How to expand the market share of resource sharing in the export of electric tools
At present, the vast majority of electric tools sold globally are produced and exported from China, which has become the world's leading supplier of electric tools, especially DIY tools. Especially with the positive news of the increase in export volume, export value, and unit price of various types of electric tools last year, it indicates that the electric tool industry will have greater and better development. Handheld electric drills have surpassed the $1 billion mark. In recent years, China's electric tool industry has vigorously explored the international market and achieved remarkable results, becoming a major producer and exporter of electric tools in the world. Due to the characteristics of small investment, fast results, and assembly production in the electric tool industry, electric tool enterprises in China have sprung up like mushrooms in the past decade. Although the production level of the entire industry continues to improve, at the same time, it has also brought about intense price competition, even to the point of being basically unprofitable. Last year, driven by the global increase in prices of raw materials such as silicon steel sheets, copper, and aluminum, the international market price of electric tools in China reversed the downward trend year by year, with an average unit price all rising, and the increase was significant. Among the bulk electric tool products with an export value exceeding 400 million US dollars, the average unit price of portable electric drills increased by 16.4%, the average unit price of portable electric saws increased by 18.2%, the average unit price of portable electric sanding tools increased by 13%, and the average unit price of other portable electric tools increased by 13.5%. Although the increase in prices of electric tools is mostly offset by the rise in raw material prices, without bringing synchronous profit growth, it at least indicates that the electric tool industry is moving towards improving product quality and building a strong export country. Due to nearly 80% of the exported electric tool products being exported to developed countries in Europe and the United States, and nearly 50% being exported to the three main markets of the United States, Germany, and the United Kingdom. The top 10 markets in terms of export volume account for nearly 75% of China's total export value. The two markets with the largest global import volume of electric tools are the United States and Germany, both of which rank among the top in terms of imported electric tools from China. Our market share in these two countries is over 55% and 30% respectively. In the construction hardware supermarkets and hardware tool stores in these countries, it can be seen that ordinary electric tool products are basically produced and exported by China. Due to the willingness of citizens in these developed countries to do it themselves (DIY), Europe and North America will be the main regions for China's power tool exports for a considerable period of time. But after the financial crisis, the export of electric tools needs to seek emerging markets.
Improving the structure of the electric tool industry can promote its development

2023

09 -20

Improving the structure of the electric tool industry can promote its development
The electric tool industry actively introduces technology to promote its own strength. With China's rapid development and comprehensive external exchanges, the electric tool industry has developed rapidly in recent years, but compared with related foreign enterprises, it may be at a backward level. Professional gaming experts believe that this technology is crucial for the rapid development of the power tool industry. The particularity of the electric tool industry is that it belongs to a high-tech industry, and enterprises actively introduce relevant technologies to enhance their own strength. The electric tool industry belongs to the advanced equipment manufacturing industry, enhancing advanced manufacturing in services. Electric tools are widely used in aerospace, high-speed rail construction, shipbuilding, automobiles, and other advanced equipment manufacturing industries, as well as in production fields such as road construction, decoration, wood processing, and metal processing. The global power industry can be divided into three levels based on product technical requirements, application areas, etc.: technical level, professional level, and household level. Among them, industrial grade electric tool products are mainly used in workplaces with high processing accuracy or environmental protection requirements, with high technical requirements, higher profits, and a small market scope; DIY home electric tools are mainly used in situations where precision requirements are not high and continuous operation time is not long, such as home decoration, simple decoration, etc. They have the characteristics of low technical content and low profit. The household grade electric tool products produced by Chinese electric tool manufacturers are all in a low and disorderly competitive state, with product sales prices as the main means of competition. Professional electric tools have much higher technical content, application scope, and gross profit margin level than self-made products. Professional grade electric tools have the characteristics of high power, high speed, long motor service life, ability to continue working repeatedly for a long time, high technical content, high profit, wide market scope, high industry threshold, and high brand value. The domestic electric tool market in China has always been firmly held by foreign brand giants such as Bosch from Germany, Livestock Farm from Japan, Hitachi from Japan, and Wei from the United States. Luo Ming pointed out that in recent years, the trend has been that the domestic market share of foreign brands has declined, while Richard Electric Tools has risen, continuously expanding its market share and replacing imported brands. Among the top four players in the domestic market share, Richard is a young rising star, but he is a fast-growing newcomer. Our factory has had a certain production history for seven years and has become a market share, following the trend of Bosch in Germany and livestock farms in Japan in recent years. In general, in the domestic power tool industry, the majority of enterprises produce DIY home power tool products, and professional level product factories that form product series are rare. The industry concentration is low and there is a lack of leading enterprises. From the perspective of development trends, the industry reshuffle of domestic brand experience has formed some leading enterprises and a standardized and orderly situation; The market share will also be redistributed between domestic and foreign brands, with domestic brands constantly replacing foreign brands. The demand for internal integration of the industry will be celebrated by business leaders. It can be foreseen that Richard is a listed company with only one main tool, and has the opportunity and ability to stand on the stage of the capital market, promoting resource restructuring and model reform in China's electric tool industry. Consolidate the occupied market, further cultivate and explore new markets, and focus on the following aspects in the future: improving product quality and accelerating the development of new products. Special emphasis is placed on accelerating the development of battery powered and electronically controlled power tools, continuously improving the quality of power tools and products. Improving product structure, enhancing comprehensive service capabilities, and strengthening as mentioned above, the market situation for electric tools is very good. However, the problem is that the domestic sales market for domestically produced electric tools has an imperfect structure. Electric tools are the standard for traditional high-speed electric tools and general level hard alloy tools.
Hardware and electric tool enterprises introduce new technologies to accelerate industrial restructuring

2023

09 -20

Hardware and electric tool enterprises introduce new technologies to accelerate industrial restructuring
The hardware and electric tool industry actively introduces technology to enhance its own strength. China's rapid development and external exchanges. Looking ahead to the electric tool industry, it has also been rapidly developing in recent years, but compared to related foreign enterprises, it is still at a backward level. Technology is crucial for the rapid development of the electric tool industry. Given the unique nature of the electric tool industry, which is a high-tech sector, companies must actively introduce relevant technologies to enhance their capabilities. The electric tool industry belongs to the advanced equipment manufacturing industry and aims to enhance its services to the advanced manufacturing industry. Electric tools are widely used in advanced equipment manufacturing industries such as aerospace, high-speed rail construction, shipbuilding, automotive industry, as well as production fields such as construction roads, decoration, wood processing, and metal processing. The global power tool industry can be divided into three levels based on product technical requirements, application areas, and other characteristics: industrial level, professional level, and DIY household level. Among them, industrial grade electric tool products are mainly used in workplaces with high requirements for process accuracy or environmental protection, such as the aerospace industry, which has the characteristics of high technical requirements, high profits, and small market scope; DIY household grade electric tools are mainly used in situations where accuracy requirements are not high and continuous operation time is not long, such as home repair, simple decoration, etc. They have the characteristics of low technical content and low profit. At present, the vast majority of power tool manufacturers in China are producing DIY household grade power tool products, and product sales mainly rely on price as a competitive tool, presenting an overall low-end and disorderly competitive state. Professional grade electric tools far exceed DIY grade products in terms of technological content, application scope, product added value, and gross profit margin. Professional grade electric tools have high power, high speed, long motor life, and can sustain long-term repetitive operations. They have the characteristics of high technical content, high profit margin, wide market scope, high industry threshold, and high brand value. The domestic electric tool market in China has long been firmly controlled by foreign brand giants such as Bosch from Germany, Makita from Japan, Hitachi from Japan, and DeWei from the United States. From the trend in recent years, the domestic market share of foreign brands is in a downward trend, and the rise of Ruiqi electric tools continues to expand market share, replacing imported brands. Among the top four domestic market shares, Ruiqi Group is a young and rising star, but it is a fast-growing newcomer. In just seven years since its establishment and production, it has already entered the top four market shares, with a trend of surpassing Bosch in Germany and Makita in Japan, which have a history of nearly a century. Looking at the current situation of the domestic power tool industry, the majority of enterprises produce DIY household grade power tool products, and there are very few professional grade product factories that can form product series. The industry concentration is low and there is a lack of leading enterprises. From the perspective of development trends, domestic brands will inevitably undergo industry reshuffling, forming an orderly situation led and regulated by a few leading enterprises; There will also be a redistribution of market share between domestic and foreign brands, with domestic brands constantly replacing foreign brands. The internal integration needs of the industry will inevitably be driven by industry leaders. It can be foreseen that Ruiqi, as a listed company specializing in electric tools, has the opportunity and ability to stand on the stage of the capital market and promote the resource restructuring and pattern reorganization of China's electric tool industry.
Basic knowledge of using pneumatic tools

2023

09 -20

Basic knowledge of using pneumatic tools
Many people do not pay attention to the relevant knowledge of how to use pneumatic tools correctly, which leads to problems in use, especially reliability issues in life. This is what we don't want to see. So it is necessary for us to popularize the basic knowledge of using pneumatic tools. 1. The reaction force torque during the use of pneumatic tools. Some pneumatic tools may generate reaction force torque during normal use, causing the operator's body to be in a tense state, affecting body balance, and possibly pinching fingers. Special care should be taken when using multi axis nut locking equipment, screwdrivers, ratchet wrenches, bevel wrenches, rotors, tapping machines, pipe beveling machines, and other equipment. Operators should be cautious and take preventive measures against adverse reaction forces and torques. 2. When using pneumatic tools, it is necessary to choose an air compressor according to actual needs. The correct selection of air pressure is relatively simple, generally ranging from 8 atmospheres to high pressure such as 12 atmospheres (175Psi). If there are no special requirements, 8 atmospheres is generally sufficient The air flow rate of an air compressor is determined by its power This is generally sufficient for supplying a single tool. Before using pneumatic tools in a reliable and standardized manner, please read this manual thoroughly. Only after fully understanding the content can you use pneumatic tools in the workplace and strictly follow its contents. In short, during use, it is necessary to follow the operating steps described in the user manual. Do not use pneumatic tools with high loads and do not exceed the operating pressure. At the same time, frequently operating pneumatic tools in environments exceeding the operating pressure will greatly reduce the service life of the tool itself. When replacing tools or accessories frequently, please remove the pneumatic tool from the air source first. Wear goggles, earplugs, and masks as much as possible during operation to maintain oneself. Do not wear loose clothing, scarves, ties, or jewelry during operation to avoid being caught up by moving or rotating parts and causing danger. When connecting pneumatic tools to high-pressure gas sources, do not press the trigger unless in use. Always ensure the condition of spare parts, loose parts can cause serious danger. When replacing worn parts, please use specialized parts. Do not use compressed air tubes that are damaged or impacted. Do not point tools at yourself or others. Before use, check if there are any fragile or damaged parts in the air compression tube. If any of the above conditions are found, please update immediately to maintain the locking of all nuts and screws, and ensure that all equipment is in a reliable state.

Direct customer

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zhenwei.zhang@airtouching.com
18028787858

Contact us

Guangzhou Mingsheng Weiye Electromechanical Co., Ltd
Phone: 020-8119-6563
Phone: 020-8119-6545
Fax: 020-80720902
E-mail： zhaohui.wan@minsheng.net.cn
Address: Room 1709, Fuli Commercial Building, Fuli Plaza, Zhongshan 8th Road, Liwan District, Guangzhou City
 

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