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After more than 30 years of reform and opening up in China, the competition for sanitary pipe fittings under the market economy is extremely fierce: we don't say that before the reform and opening up, the manufacturers asked for the price at one price, and almost the purchasing customers agreed to pay the cost. In our view today, it is unimaginable. Why do I speak so deeply? I don't believe that everyone will understand this, no matter in the first tier cities in China, There are many merchants in second tier cities, but there are also many wholesalers, so there is an additional procurement channel.
Moreover, in recent years, China's sanitary pipe fitting industry has developed rapidly, and the cost of raw materials and labor has risen. Many manufacturers are fighting price wars in order to attract customers. Now the price of sanitary pipe fittings is falling without rising. The reason why the competition is so fierce is that the market is developing too fast, which is also a powerful development.
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