- Business
- Atlantic China Welding Consumables, Inc. (600558.SS) manufactures and sells welding consumables in China and internationally. The company produces a comprehensive range of welding rods including carbon steel, low alloy steel, stainless steel, cladding, cast iron, nickel and nickel alloy, copper and copper alloy varieties; welding wires such as solid wires for gas shielded welding (MAG/MIG), flux-cored wires, non-ferrous metal wires, submerged arc welding wires, TIG rods, and wires for aluminum and copper alloys; fluxes comprising melting type, sintering (agglomerated), and bonded types for submerged arc and electroslag welding; along with other specialized products exceeding 700 types. Founded in 1950 as China's first welding consumable factory and listed on the Shanghai Stock Exchange in 2001, Atlantic China Welding Consumables, Inc. is headquartered in Zigong, Sichuan province, with 15 sub-factories across China and a design capacity surpassing 1 million metric tons annually; it primarily serves domestic markets while expanding internationally through subsidiaries like Guangzhou Atlantic Import and Export Co., Ltd. established in 2021. Recent developments include the April 2025 announcement to sell assets of its Bancang production base, completion of a production facility asset transfer, agreement to acquire a 38.0952% stake in Shenzhen Atlantic Welding Material Co., Ltd. from Baosteel Metal Co., Ltd., and strong financial performance with third-quarter 2025 earnings growth reported alongside full-year 2024 results.