Atlantic

What Atlantic does

Sichuan Atlantic Welding Materials Co., Ltd. (四川大西洋焊接材料股份有限公司) is a state-controlled welding consumables manufacturer headquartered in Zigong, Sichuan Province, and the only state-controlled and main board listed company in China's welding materials industry (Shanghai Stock Exchange ticker 600558). The company was founded in 1950 as Shanghai Bincheng Welding Materials Manufacturing Factory — one of the earliest specialized welding materials producers in China — relocated to Zigong in 1969 under the national "Third Front" industrial strategy, restructured into a wholly state-owned group (Sichuan Atlantic Group Co., Ltd.) in 1996, and listed via IPO in 1999. It operates under the Zigong State-owned Capital Investment and Operation Group through its parent, Sichuan Atlantic Group.

Atlantic manufactures three principal product lines — welding electrodes (carbon steel, low alloy steel, stainless steel, surfacing, cast iron, nickel and nickel alloy, copper and copper alloy), welding wires (solid wires for MAG/MIG/TIG gas-shielded welding, flux-cored wires, non-ferrous metal wires, and submerged arc welding wires), and welding fluxes (molten and sintered for submerged arc and electroslag welding) — across more than 700 varieties. In 2024, production volume reached 498,500 tons and sales volume reached 479,300 tons. The company holds 114 patents (99 invention, 15 utility model), operates the first state-level enterprise technology center in the welding materials industry, and maintains a nationally accredited testing center. Its "Atlantic" brand is registered as a China Well-Known Trademark and Sichuan Province Famous Trademark.

The company sells exclusively through authorized physical stores and direct sales — explicitly prohibiting online sales — through 12 wholly-owned subsidiaries and branches covering major industrial provinces (Shenzhen, Kunming, Chengdu, Shanghai, Shandong, Hubei, Jiangsu, Tianjin) and Vietnam, with exports to more than 50 countries. End-markets span aerospace (Tiangong space station, satellite launch centers), nuclear power (Qinshan, Daya Bay), oil and gas (West-East Gas Pipeline, National Petroleum Strategic Reserve), shipbuilding, pressure vessels, and strategic infrastructure (Olympic Bird's Nest Stadium, Hong Kong-Zhuhai-Macao Bridge). Products are certified by 10 international maritime classification societies (CCS, LR, ABS, BV, GL, DNV, NK, KR, BKI, CWB) plus German TUV Rheinland. Pricing is contract-based B2B industrial with multi-year agreements, and revenue derives from one-time licensing-style sales of consumables rather than recurring software-style contracts.

Name

Atlantic

Legal name

四川大西洋焊接材料股份有限公司

Website

https://weldatlantic.com

Company type

Public

Founded year

1950

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Sichuan Atlantic Welding Materials Co., Ltd. is a state-controlled Chinese manufacturer of welding consumables — electrodes, wires, and fluxes across 700+ varieties — serving aerospace, nuclear, shipbuilding, and infrastructure customers in China and 50+ export countries through 12 subsidiaries.

Ownership category

akta.pro rank

Product category

Welding Materials Manufacturing

NAICS

Welding and Soldering Equipment Manufacturing (333992), Fabricated Metal Product Manufacturing (332), Other Fabricated Wire Product Manufacturing (332618)

SIC

Miscellaneous Fabricated Metal Products (3490)

akta.pro primary industry

Welding, Joining & Soldering Equipment (Arc, Resistance, Friction, Brazing) (IMAHADAH)

Keywords

• Welding electrodes
• Welding wires
• Welding fluxes
• Welding consumables
• Industrial welding materials

Headquarters

HQ city

Zigong

HQ country

China

HQ region

Asia

Offices11 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Technology or R&D, Supply Chain, Infrastructure, Marketing or Sales

Revenue model

1. Welding Materials Manufacturing and Sales: Production and sale of welding electrodes, wires, and fluxes. Main revenue stream from manufacturing and distributing welding consumables to industrial customers. Products sold through authorized physical distribution network, not online.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Sichuan Atlantic Welding Materials Co., Ltd. manufactures and sells welding consumables across three major product lines: welding electrodes (carbon steel, low alloy steel, stainless steel, surfacing, cast iron, nickel and nickel alloy, copper and copper alloy), welding wires (solid wires for MAG/MIG/TIG gas shielded welding, flux-cored wires, non-ferrous metal wires, submerged arc welding wires), and welding fluxes (molten and sintered fluxes for submerged arc and electroslag welding). The portfolio covers more than 700 varieties serving aerospace, nuclear power, petrochemical, shipbuilding, pressure vessel, and large-scale infrastructure applications, with annual production of 498,500 tons and sales of 479,300 tons in 2024.

Product overview

Sichuan Atlantic Welding Materials Co., Ltd. is a manufacturer specializing in welding materials, producing three main product series: welding electrodes (焊条), welding wires (焊丝), and welding fluxes (焊剂). The company operates as a state-owned enterprise and is the only state-controlled enterprise and main board listed company in China's welding materials industry, with stock code 600558. The product portfolio covers over 700 varieties including carbon steel electrodes, stainless steel electrodes, flux-cored wires, solid wires for gas shielded welding, and various welding fluxes, serving sectors such as aerospace, petrochemical, shipbuilding, pressure vessels, and infrastructure projects including nuclear power plants and major bridges.

Differentiator

Problem solved

Functional benefit

Products and services

• Welding Electrodes Series A line of welding electrodes covering carbon steel, low alloy steel, stainless steel, surfacing, cast iron, nickel and nickel alloy, and copper and copper alloy variants. Sold to industrial manufacturers and infrastructure builders through authorized physical distribution channels.
• Welding Wires Series A line of welding wires including solid wires for gas shielded welding (MAG, MIG, TIG), flux-cored wires, non-ferrous metal welding wires, submerged arc welding wires, and gas welding wires. Supplied to shipbuilders, petrochemical fabricators, and infrastructure fabricators.
• Welding Fluxes Series Welding fluxes for submerged arc welding and electroslag welding, offered in multiple melted and sintered variants. Used in heavy fabrication, pressure vessel manufacturing, and structural welding for critical applications.

Quantifiable outcome

• 2024 production volume: 498,500 tons; sales volume: 479,300 tons
• +1 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators8 records

Recent moves11 records

Expansion highlights6 records

Direct peers

• Lincoln Electric Holdings: Global leader in welding consumables, equipment, and cutting products. Directly comparable to Atlantic as a B2B manufacturer of welding electrodes, wires, and fluxes serving industrial end-markets including shipbuilding, construction, and energy.
• Kobe Steel (Kobelco Welding): Japanese steelmaker with a substantial welding materials business covering mild steel, stainless, and flux-cored wires. Comparable to Atlantic as a vertically integrated steelmaker-turned-welding consumables supplier with strong maritime classification credentials.
• Tianjin Bridge Welding Materials Group: One of China's largest domestic welding consumables manufacturers, producing electrodes, wires, and fluxes. Head-to-head competitor with Atlantic in the Chinese market across commodity and specialty welding consumables.
• Bohler Welding (voestalpine): European specialty welding consumables brand within voestalpine, producing high-alloy electrodes, flux-cored wires, and fluxes for demanding applications. Comparable to Atlantic's specialty/stainless steel and nuclear-grade consumables segments.
• Kiswel: Korean manufacturer of welding consumables (electrodes, solid wires, flux-cored wires) and a major exporter to global shipbuilders. Directly comparable to Atlantic in maritime-certified welding consumables and competition for Asian shipyard accounts.
• ESAB Corporation: US-listed global manufacturer of welding and cutting consumables and equipment. Closely comparable product portfolio (electrodes, wires, fluxes) and end-market mix with Atlantic, including strong presence in shipbuilding and heavy fabrication.

Regional players

• Hyundai Welding (Hyundai Steel): Korean steelmaker producing welding consumables, primarily serving domestic shipbuilding and construction. Comparable product/market but does not directly compete with Atlantic in China; provides a regional benchmark for the welding consumables business model.
• Wuhan Welding Materials Co. Chinese welding consumables manufacturer based in Hubei, producing electrodes and wires. Regional competitor in the central China welding materials market with overlapping product categories.

Broad incumbents

• Illinois Tool Works (Hobart Brothers): Welding consumables and equipment division within diversified industrial conglomerate ITW. Comparable welding consumables portfolio but competes as part of a much broader industrial portfolio rather than a focused welding pure-play.
• Sumitomo Welding (Sumitomo Metals): Japanese welding consumables offering from a broader metals and mining conglomerate. Provides comparable specialty alloy and flux-cored consumables primarily for Japanese shipbuilding and heavy industry, with limited direct competition in China.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries12 records

Funding overview

Funding rounds

Investors

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 Atlantic