- Business
- Jiangsu ToLand Alloy Co.,Ltd (300855.SZ) engages in the research, development, production and sales of high temperature alloys, special stainless steels and other high-performance alloy materials and relevant products; it manufactures precision castings, master alloys, bars, pipes, wires, strips, forgings and investment castings through processes including special smelting, forging, hot and cold rolling, wire drawing and tube making. The company serves high-end equipment manufacturing sectors such as aero engines, gas turbines, nuclear power equipment, aviation, aerospace, ships, petrochemical, electric power, automobiles, metallurgy and glass industries with ultra-pure nickel-based superalloys, complex thin-walled high-temperature alloy structural castings, high-temperature alloy and special stainless steel seamless tubes, precision alloys, nickel base corrosion resistant alloys, welding materials and high resistance electric heating alloys. Jiangsu ToLand Alloy operates primarily in China with overseas sales and maintains production facilities supporting mass production of both forged and cast high-temperature alloys. Founded in May 1991, the company is headquartered at No. 9 Fenglin Avenue, Danyang City, Jiangsu Province, China, and listed on the Shenzhen Stock Exchange GEM board in July 2020. As a high-tech enterprise with approximately 760 employees, it holds certifications including NADCAP for fluorescence penetration testing and aerospace quality management systems. Recent developments include approval of a final cash dividend for A shares related to fiscal year 2024, payable in June 2025, alongside steady revenue from non-ferrous metal smelting and rolling at CNY 1.26 billion in 2024, with domestic sales of CNY 1.14 billion and overseas sales of CNY 118 million.