Dameng Database

What Dameng Database does

Dameng Database (WUHAN DAMENG DATABASE COMPANY LIMITED; ticker 688692.SH) is a Chinese enterprise database vendor founded in 2000 by Prof. Yucai Feng, with research roots stretching back to the 1980s. Headquartered in Wuhan, the company is China's first publicly listed database company after its June 2024 IPO on the Shanghai Science and Technology Board. DAMENG develops and markets a 100% self-developed portfolio of database management systems, with the flagship DAMENG Database Management System (DM8, upgraded to DM9 in May 2026) covering OLTP/OLAP/HTAP workloads across single-node, shared cluster (DMDSC), primary-standby (DMDataWatch), and distributed (DMDPC) deployment modes. The product portfolio extends into graph (GDMBASE), cache/key-value (DMCDM), cloud (DMCDB, DMMCP), and data replication/integration (DMDRS, DMDIS, DMDVS, DMDFM), with the next-generation DAMENG PAI converged database appliance targeting extreme-performance workloads.

The company primarily serves Chinese state-owned enterprises and government organizations across finance, electricity/utilities, telecommunications, petroleum/energy, transportation, manufacturing, education, and healthcare. Marquee customers include China Life (insurance core), State Grid and China Southern Power Grid (smart grid), China Mobile, China Telecom, China Unicom (telecom cloud/notification systems), PetroChina, Sinopec, and CNOOC (oil & gas), China-Laos Railway (transportation), Shanghai International Port Group, and Ansteel. Reported financials for FY2024 show revenue of RMB 1.04 billion ($144M equivalent) with OLTP DBMS revenue of RMB 0.8 billion, ranking first among Chinese vendors in both the overall China DBMS market (sixth consecutive year per CCID Consulting) and the financial-sector centralized transactional database market (13.48% share per IDC).

DAMENG combines direct enterprise field sales, a multi-thousand-partner channel network, and implementation/SI partnerships (including ICO Group and Nexify Limited) to reach customers. Revenue streams span one-time database software licenses (DM8/DM9 and clustering solutions), recurring cloud database subscriptions (notably via China Mobile Cloud), professional services for implementation and migration, and certification/training fees from the DAMENG Certified Training Center. Pricing is quote-based with multi-year enterprise contracts and is not publicly disclosed. The company's international footprint is anchored by a regional headquarters in Hong Kong (803 Nine Queen's Road Central) serving as a strategic springboard into Belt and Road markets, with active deployments and training programs in Thailand, Peru, Zimbabwe, Sudan, and several African nations. DAMENG holds ISO 9001/20000/27001/22301 certifications, the Public Security Bureau Security Level IV evaluation, and is the core drafting unit for China's first national standard for graph database management systems (effective September 1, 2025).

Name

Dameng Database

Legal name

WUHAN DAMENG DATABASE COMPANY LIMITED

Website

https://en.dameng.com

Company type

Public

Founded year

2000

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Dameng Database is a Chinese enterprise database vendor founded in 2000, providing 100% self-developed relational, graph, and cloud database management systems (DM8/DM9) for mission-critical workloads in finance, energy, telecom, transportation, and government sectors.

Ownership category

akta.pro rank

Product category

Enterprise Database Software

NAICS

Software Publishers (5132), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821), Computer Systems Design and Related Services (54151)

SIC

Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Integrated Systems Design (7373), Services-Computer Programming Services (7371)

akta.pro primary industry

Multi-Model Databases (HDAEAAAL)

akta.pro secondary industries

Database-as-a-Service (DBaaS) Platforms (HDAEAAAN), Database Tools & Ecosystem (Replication, Backup/Recovery, HA/DR, Monitoring) (HDAEAAAO), NewSQL / Distributed SQL Databases (HDAEAAAC), Managed Databases (Relational/NoSQL/In-Memory DBaaS) (HDABAAAE)

Keywords

• Enterprise database software
• Relational database management
• Database cluster solutions
• Cloud database services
• Database migration tools

Headquarters

HQ city

Wuhan

HQ country

China

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Database Software Licenses: Sale of database management system software (DM8, DM9) and related clustering, cloud computing, and big data solutions to enterprise customers
2. Technical Services: Comprehensive technical services including implementation, migration, training, and certification services
3. Database Cloud Services: Cloud database offerings including DAMENG Cloud Database (DMCDB) and managed services on platforms like China Mobile Cloud
4. Training and Certification: DAMENG Certified Training Center providing DCA, DCP, DCM certification programs and foreign aid training programs

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

Dameng Database develops and sells 100% self-developed large-scale general-purpose relational database management systems (DM8 and DM9) supporting OLTP, OLAP, and HTAP workloads, complemented by shared cluster, primary-standby, and distributed cluster architectures. The portfolio also includes a graph database (GDMBASE), a key-value cache database (DMCDM), cloud database and management platform offerings (DMCDB, DMMCP), data replication and integration tools (DMDRS, DMDIS, DMDVS, DMDFM), a converged database appliance (DAMENG PAI), and an AI-powered intelligent O&M platform.

Product overview

Dameng Database offers a comprehensive suite of database products spanning the entire data lifecycle. The core offering is the DAMENG Database Management System (DM8/DM9), a 100% independently developed large-scale general-purpose relational database supporting OLAP/OLTP/HTAP workloads. This core product is complemented by clustered solutions including DMDSC (shared storage cluster), DMDataWatch (primary-standby cluster), and DMDPC (distributed processing cluster). The portfolio also includes specialized databases: GDMBASE for graph database operations and DMCDM for cache/key-value scenarios. Cloud deployment is supported through DMCDB (cloud database service) and DMMCP (cloud management platform). Data replication and integration are handled by DMDRS, DMDIS, DMDVS, and DMDFM. The product ecosystem is rounded out by the next-generation DAMENG PAI converged appliance for extreme-performance scenarios.

Differentiator

Problem solved

Functional benefit

Products and services

• DAMENG Database Management System (DM8)

Quantifiable outcome

• TPC-C performance gains of +100% (single node) and +350% (distributed) with DM9
• +11 more outcomes

Named customers18 records

Segments9 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature11 records

Partnerships

Ten partnerships are on record, tiered key, regional and minor.

• LSCM (Logistics and Supply Chain MultiTech R&D Centre)keyStrategic or Co-development Partner · 15 May 2026LSCM, a Hong Kong research center fostering secure and reliable technology ecosystems, partnered with DAMENG for the 2026 Hong Kong product launch. CEO Mr. Simon Wong delivered a special address emphasizing that industries demand verified, secure, and resilient solutions for smart cities and ports. LSCM jointly established the Information Systems Security and Reliability Assessment Centre (ISSRAC) with China National Software & Service Co., Ltd. to provide testing and cybersecurity solutions for Hong Kong government and public organizations.
• Nexify LimitedkeyImplementation/ SI/ Consulting Partner · 15 May 2026Business Consulting Manager Ms. Carol Wu presented Hong Kong project experience. Since 2023, Nexify has partnered closely with DAMENG for core system upgrades for Hong Kong government departments. In a major Hong Kong department project, DAMENG DRS enabled real-time data synchronization with 98% data compatibility, completing migration within two weeks and passing all security and audit assessments.
• ICO GroupkeyImplementation/ SI/ Consulting Partner · 15 May 2026Mr. Adam Cheung from ICO Group shared practical database migration cases at the Hong Kong launch, covering pre-migration assessment, testing, and implementation best practices. ICO Group provides implementation support leveraging DAMENG's functional advantages for smooth migration.
• China Mobile CloudkeyStrategic or Co-development Partner · 27 March 2026China Mobile Software collaborates with DAMENG to jointly expand cloud service capabilities and enhance Mobile Cloud's support level for foundational software. DAMENG is the only Chinese-developed database on China Mobile Cloud, with products available in East China-Suzhou resource pool since February 2021.
• Hong Kong Agent PartnerregionalChannel Partner/ Reseller/ Distributor · 23 December 2025Agent partnership for Hong Kong market at 803 Nine Queen's Road Central. Part of DAMENG's global expansion strategy using Hong Kong as strategic springboard for international markets.
• National University of Ica (Peru)keyStrategic or Co-development Partner · 26 October 2025DAMENG supported the construction of an integrated science and education system for the Supercomputing Center at the National University of Ica in Peru, enhancing teaching quality, strengthening research capabilities, and promoting academic development.
• Thailand TOT (Telephone Organization of Thailand)keyStrategic or Co-development Partner · 1 October 2019Thailand's largest state-owned telecommunications company partnered with DAMENG to develop an education cloud platform providing e-library and online teaching services to 2 million primary and secondary school users across Thailand. DAMENG's first large-scale general-purpose relational database applied in overseas education sector.
• Zimbabwe Supercomputing CenterkeyStrategic or Co-development Partner · 1 October 2019DAMENG-supported HOLA Electronic Document Management System has been providing services to researchers in fields such as Zimbabwe weather forecasting and molecular research for over a decade. Part of Belt and Road initiative database technology transfers.
• Sudan Taxation BureauminorStrategic or Co-development Partner · 7 August 2019DAMENG delivered a four-day intensive course on database knowledge and skills for over 20 officials from the Sudanese Taxation Bureau as part of the Sudan Business Data Collection, Refining, and Analysis Workshop Training.
• English-Speaking African Countries Training ParticipantsminorStrategic or Co-development Partner · 1 January 2016DAMENG conducted technical training for officials and engineers from Malawi, Eritrea, Zambia, Sierra Leone, Mauritius, and Zimbabwe in the 'Seminar on Business Data Collection, Organization, and Analysis for English-speaking African Countries.' Part of China's foreign aid training programs under Belt and Road framework.

Scale indicators14 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Oracle Corporation: Global enterprise database incumbent whose Oracle Database is the primary foreign system DAMENG replaces in Chinese core systems. Provides the benchmark for compatibility, performance, and migration tooling.
• IBM Db2: Legacy enterprise RDBMS widely deployed in Chinese banks, insurers, and large enterprises. DAMENG often displaces Db2 in core system migrations, making it a relevant incumbent benchmark rather than a head-to-head product rival.

Direct peers

• PolarDB (Alibaba Cloud): Alibaba Cloud's cloud-native relational database separating compute and storage. Competes with DAMENG DMCDB for cloud workloads and is broadly used by Chinese enterprises for modernization projects.
• OceanBase (Ant Group): Distributed SQL database developed by Ant Group, natively built for cloud and HTAP workloads. Directly competes with DAMENG in China's distributed database market, especially for financial and internet-scale customers.
• GaussDB (Huawei): Huawei's enterprise and cloud-native distributed database, embedded in Huawei Cloud and on-premises hardware stacks. Competes directly with DAMENG in telco, government, and large-enterprise core system replacements.
• TiDB (PingCAP): Open-source distributed SQL (NewSQL) database with MySQL compatibility. Targets the same HTAP and cloud-native database modernization workloads as DAMENG DMDPC, especially in internet and fintech segments.
• Kingbase (People's University of China/KingbaseES): One of China's earliest homegrown relational database vendors, also serving government, finance, and SOE workloads with deep Oracle compatibility. A direct competitor to DAMENG in domestic substitution deployments.
• Tencent TDSQL: Tencent's distributed database family covering OLTP, MySQL/PostgreSQL-compatible, and HTAP deployments. Directly competes with DAMENG in financial, gaming, and government sectors.
• GBase (General Data Technology): Chinese relational and analytical database vendor focused on finance, government, and telecom sectors. Competes head-to-head with DAMENG in OLTP/OLAP markets and on national database standards.

Emerging players

• openGauss (open-source community / Huawei): Open-source relational database forked from PostgreSQL, backed by Huawei and a growing Chinese ecosystem. Increasingly used as a free alternative in domestic substitution projects where DAMENG and Kingbase compete.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/DMData_
• Facebookfacebook.com/DAMENGData

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Dameng Database