- CEO
- Keming Zhou
- Full Time Employees
- 6,641
- Sector
- Non-energy minerals
- Industry
- Steel
- Address
- No. 1518, Tong Jiang Road Wuxi JS China
- IPO Date
- Dec 1, 2010
- Business
- Da Ming International Holdings Limited, founded in 1988 and headquartered in Wuxi, China, is a leading enterprise specializing in the processing, distribution, and sale of stainless steel and carbon steel products and components, as well as manufacturing equipment and mechanical parts. The company operates through two main segments: Processing and Manufacturing. Its processing services encompass trimming, polishing, cutting, forming, pre-grooving, welding, heat treating, machining, painting, and assembling. Core products include high strength steel, wear-resistant steel, regular stainless steel, dual-phase steel, heat-resistant steel, nickel-based alloys, super austenitic steel, and 6Mo steel products. Da Ming serves diverse industries including petrochemical, automobile and transport, construction, elevator, renewable energy, biopharmaceutical, electronic communications, special shipbuilding, rail transit, aerospace, and mechanical engineering.
The company has expanded its geographic and operational footprint with ten service centers headquartered in Wuxi, a manufacturing base along the Yangtze River in Jingjiang, and two ports in Jiaxing and Jingjiang, allowing it to serve top enterprises across more than 30 industries. Da Ming emphasizes integrated metal processing and high-end manufacturing services including whole-process fabrication, spare parts and finished product manufacturing, supported by world-class steel processing equipment and a modern physical and chemical testing center. With over 6,700 employees and a total operational area approaching 2 million square meters, it ranks among China’s top 500 enterprises.
Recent major developments include strategic expansion focused on building a modern steel technology city incorporating Daming Port, Daming Heavy Industries, and Daming Metal Technology. The Jingjiang project covering more than 1,000 acres with an investment plan of 2 billion yuan is underway to accelerate steel deep processing and extended industry chain growth. As of 2024, Da Ming reported stainless steel and carbon steel sales volumes of approximately 2.06 million tons and 5.06 million tons respectively, generating sales revenues of $6.54 billion. The company is publicly listed on the Hong Kong Stock Exchange (Ticker: 1090.HK), maintaining its position as the first listed stainless steel processing enterprise in China. It remains a subsidiary of Ally Good Group Limited.