Zhejiang Jiuli Hi-tech Metals

What Zhejiang Jiuli Hi-tech Metals does

Zhejiang Jiuli Hi-tech Metals (久立集团股份有限公司) is a privately held Chinese industrial group founded in 1987 and headquartered in Huzhou, Zhejiang Province, specializing in industrial stainless steel and special alloy pipe manufacturing. Its core operating subsidiary, Zhejiang Jiuli Special Materials Technology Co., Ltd. (Shenzhen Stock Exchange ticker 002318, IPO 2009), is the #1 ranked producer by volume in China's industrial stainless steel pipe market with annual production capacity of 150,000 tons of seamless and welded pipes, bimetallic composite pipes, pipe fittings, and anti-corrosion coatings. The group also operates adjacent subsidiaries covering steel structure engineering (Jiuli Steel Structure), copper rod and electromagnetic wire (Jiuli Electric Materials), precision pipe-rolling molds (Jiaxiang Precision), specialty enameled winding wire (Xiandeng Hi-Tech), and pipeline coatings (Jiuli Taihu Coating), serving a diversified industrial portfolio.

The company manufactures using hot extrusion, cold rolling/cold drawing, FFX forming, and JCO forming technologies, with capital-intensive assets including China's first 3,500-ton steel extrusion press (upgraded 2015), fully automated JCO large-diameter thick-wall welded pipe production lines (commissioned 2013), 630 large-diameter continuous forming automatic welding units, and the world's only fully automated seamless heat exchange pipe production line with L2 automatic management systems and GE ultrasonic eddy current inspection. These capabilities support nuclear-grade steam generator U-tubes (Inconel 690/800 alloys), subsea umbilical ultra-high strength pipes, and bimetallic composite pipes. Jiuli holds the broadest certification portfolio in the Chinese pipe industry, including the NCSC Civil Nuclear Safety Equipment Manufacturing License, PED97/23/EC, ASME Section III NPT, API 5LC/5CT/5LD, NORSOK M-650, and seven major marine classification society approvals.

Jiuli generates revenue through direct enterprise B2B sales of custom-specification pipes priced per order based on material grade, dimensions, certifications, and volume, primarily under multi-year contracts with EPC contractors and end-user industrial customers. The company exports to 70+ countries and serves oil & gas (Shell, Saudi Aramco, BP, ExxonMobil, Total, PDO, CNPC, Sinopec, CNOOC), nuclear power (CNNC), marine engineering (Hudong-Zhonghua, Dalian Shipbuilding), and electrical equipment (Siemens, Schneider Electric) customers across China, North America, Europe, the Middle East, and Southeast Asia. Reported operating revenue exceeded RMB 30 billion (approximately USD 4.3 billion) in 2021, up from RMB 10 billion in 2017, representing ~15x cumulative revenue growth over 15 years since listing.

Name

Zhejiang Jiuli Hi-tech Metals

Legal name

久立集团股份有限公司

Website

https://jiuligroup.com

Company type

Private

Founded year

1987

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Zhejiang Jiuli Hi-tech Metals is a Chinese industrial group (founded 1987) that manufactures industrial stainless steel and special alloy pipes, fittings, and coatings. Its listed subsidiary (SZSE: 002318) serves global oil & gas, petrochemical, nuclear, marine, and electrical equipment customers across 70+ countries.

Ownership category

akta.pro rank

Product category

Industrial Stainless Steel and Special Alloy Pipes

NAICS

Iron and Steel Pipe and Tube Manufacturing from Purchased Steel (33121), Fabricated Pipe and Pipe Fitting Manufacturing (332996)

SIC

Steel Pipe & Tubes (3317), Primary Smelting & Refining Of Nonferrous Metals (3330)

akta.pro primary industry

Pipe & Tube Manufacturing (Seamless & Welded OCTG/Line Pipe/Structural Tube) (IMAKABAI)

akta.pro secondary industries

Specialty & Alloy Steel (Stainless, Tool Steel, Electrical Steel, High-Strength/HSLA) (IMAKABAJ), Pipes & Tubing (Metal, Plastic & Composite) (IMADALAC)

Keywords

• Industrial stainless steel pipes
• Special alloy tubes
• Welded steel pipes
• Nuclear-grade pipe manufacturing
• Oil and gas piping

Headquarters

HQ city

Huzhou

HQ country

China

HQ region

Asia

Offices10 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Industrial Stainless Steel and Special Alloy Pipe Sales: The primary revenue stream from manufacturing and selling industrial-use stainless steel and special alloy seamless and welded pipes, bimetallic composite pipes, pipe fittings, and coatings. The core subsidiary 浙江久立特材科技股份有限公司 (stock code: 002318) is a publicly listed company on the Shenzhen Stock Exchange specializing in these products. Annual production capacity is 150,000 tons of industrial stainless steel pipes and special alloy pipes.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Zhejiang Jiuli Hi-tech Metals manufactures and sells industrial stainless steel and special alloy pipes (seamless and welded), bimetallic composite pipes, pipe fittings, and anti-corrosion coatings for oil & gas, petrochemical, power generation, nuclear, marine engineering, and chemical industries. Through its subsidiaries, the group also produces steel structures, electromagnetic wires, copper rods, and precision pipe-rolling molds. Annual production capacity is 150,000 tons of industrial stainless steel and special alloy pipes.

Product overview

Zhejiang Jiuli Hi-tech Metals (久立集团) operates as a comprehensive industrial pipeline solutions provider with a portfolio of specialized products. The core offering consists of industrial stainless steel and special alloy pipes (年产15万吨), supported by diversified subsidiaries covering steel structures (久立钢构), precision molds (嘉翔模具), electromagnetic wires (先登高科, 久立电气), and coating services (久立泰祜). The company integrates R&D, manufacturing, and international trade to serve power generation, petroleum, chemical, shipbuilding, and marine engineering sectors globally.

Differentiator

Problem solved

Functional benefit

Products and services

• Industrial Stainless Steel and Special Alloy Pipes (久立特材 / Jiuli Special Materials) Seamless and welded industrial stainless steel and special alloy pipes, bimetallic composite pipes, pipe fittings, and anti-corrosion coatings used in oil & gas, petrochemical, nuclear power, marine engineering, and chemical applications; supplied to Shell, Saudi Aramco, BP, ExxonMobil, Total, CNNC, Sinopec, CNPC, and CNOOC.
• Jiuli Steel Structure (久立钢构) Design, manufacturing, and installation of industrial and civil steel structures including multi-layer and long-span structures, petrochemical components, municipal bridges, and steel-structure housing; annual capacity 100,000 tons of steel structures and 1.5 million sqm of color plates.
• Jiuli Electric Materials (久立电气) Copper conductor wire material R&D, production, and sales; annual capacity of approximately 400,000 tons of Ø8mm electrical copper rod and 100,000 tons of 1.8mm-4.5mm annealing specification wire for electromagnetic wire applications.
• Xiandeng High-Tech (先登高科) - Special Electromagnetic Wire Manufacture of various specialty enameled winding wires for electric motors, transformers, and generators; annual capacity 70,000 tons; supplies Siemens and Schneider Electric.
• Jiaxiang Precision Molds (嘉翔模具) High-precision molds for pipe rolling, hot extrusion, and straightening; mold bore diameter Ø4mm-720mm with accuracy up to ±0.005mm; long-term supplier to Changcheng Special Steel.
• Jiuli Taihu Coating (久立泰祢涂层) Specialized pipeline anti-corrosion coating services including 3LPE, 3LPP, FBE, and 2FBE coatings for oil and gas pipelines; solves adhesion issues on stainless steel pipe surfaces.
• Jiuli Industrial (久立实业) - Mineral Resources and Steel Products Investment company dealing in nickel, chromium, and molybdenum mineral resources and supporting products (round steel, plates) for stainless steel production.

Quantifiable outcome

• World's largest single duplex steel pipeline order of 281km completed for PDO (Oman) in 2012
• +4 more outcomes

Named customers19 records

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Nine partnerships are on record, tiered major and core.

• 国核宝钛锆业股份公司 (State Nuclear Baotai Zirconium Industry Co., Ltd.)majorStrategic or Co-development Partner · 15 February 2017Strategic cooperation agreement for nuclear-grade zirconium alloy materials and related pipe products. Both companies serve the nuclear power industry with complementary product lines and technology capabilities in nuclear materials development.
• TÜV Rheinland (德国莱茵TÜV)coreTechnology or Integration · 18 March 2016Strategic cooperation framework agreement signed for quality management system certification optimization, product testing management improvement, and quality enhancement. Jiuli benefits from TÜV's international certification expertise to strengthen its quality management systems and product certification processes, while TÜV gains a major industrial pipe testing and certification client in China.
• 振石控股集团 (Zhenshi Holding Group)majorStrategic or Co-development Partner · 18 March 2016Strategic cooperation agreement signed covering stainless steel, raw materials, steel structures, and R&D collaboration. Zhenshi is a diversified conglomerate based in Jiaxing, Zhejiang with operations spanning fiberglass products, wind energy materials, composites, logistics, mineral trading, special steel, real estate, and healthcare. The cooperation leverages complementary strengths in industrial materials.
• 上海大学 (Shanghai University)coreTechnology or Integration · 5 June 2015Postdoctoral research cooperation with Shanghai University. Dr. Li Jun from Shanghai University conducted nuclear-grade Incoloy800 alloy tube research at Jiuli's postdoctoral research station. Shanghai University provides academic research support while Jiuli provides industrial application platform.
• 壳牌 (Shell)coreStrategic or Co-development Partner · 8 November 2013Major oil and gas customer and technology exchange partner. Shell participated in Jiuli's JCO project launch and product technology promotion conference in 2013 with 200+ representatives. Jiuli is a qualified Shell supplier for LNG and oil and gas transmission pipes. The Shell representative described the JCO project as a 'crystallization of Shell and Jiuli cooperation.'
• 上海交通大学 (Shanghai Jiao Tong University)coreTechnology or Integration · 1 January 2013One of the key industry-academia-research cooperation institutions with Jiuli. Part of the national enterprise technology center platform and产学研用 mechanism. Shanghai Jiao Tong provides advanced materials science research capabilities.
• 中国科学院金属研究所 (Institute of Metal Research, Chinese Academy of Sciences)coreTechnology or Integration · 1 January 2013Key R&D cooperation partner in Jiuli's academician expert workstation and national enterprise technology center platform. IMRC provides advanced materials science and corrosion research capabilities essential for Jiuli's nuclear and special alloy pipe development.
• 钢铁研究总院 (China Iron and Steel Research Institute Group)coreTechnology or Integration · 1 January 2013Technology cooperation partner. In 2018, Jiuli signed a 'Materials Innovation Center Agreement' with the institute. Provides metallurgy expertise and testing capabilities for Jiuli's special alloy pipe development.
• 上海核工程研究设计院 (Shanghai Nuclear Engineering Research and Design Institute)coreTechnology or Integration · 1 January 2013Key cooperation partner for nuclear pipe development, supporting Jiuli's nuclear steam generator tube projects and nuclear-grade pipe certification processes.

Scale indicators16 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Sandvik: Sandvik's Materials Technology division produces advanced stainless steels and special alloys for tubes, pipe, and fittings used in oil & gas, chemical, and nuclear applications. It is a global benchmark for special alloy tubes, directly comparable to Jiuli's premium pipe offering.
• Tenaris: Tenaris is one of the world's largest manufacturers of seamless and welded steel pipes for oil & gas (OCTG, line pipe) and industrial applications. Its global supply chain and major IOC/BOC customer base are highly comparable to Jiuli's.
• Tubacex: Tubacex is a Spanish manufacturer of seamless stainless steel and high-nickel alloy tubes serving oil & gas, petrochemical, and power generation customers globally. Its product mix and end markets closely overlap with Jiuli's industrial stainless steel and special alloy pipe business.
• Vallourec: Vallourec is a leading global producer of seamless premium tubes (OCTG, line pipe, industrial tubes) for the oil & gas and power markets. Its industrial tube portfolio competes directly with Jiuli in line pipe and process pipe for energy customers.
• Butting: Butting is a German specialist in longitudinally welded stainless steel and special alloy pipes for chemical, petrochemical, offshore, and shipbuilding applications. Directly comparable to Jiuli's JCO large-diameter and welded stainless steel pipe business.
• Salzgitter (Mannesmann): Salzgitter's Mannesmann business is a long-established European producer of seamless steel tubes for energy, automotive, and industrial applications. Comparable as a premium seamless tube supplier with similar industrial and energy customer base.

Broad incumbents

• Outokumpu: Outokumpu is one of the world's largest stainless steel producers, supplying stainless steel coil, plate, and tubular products to industrial and energy markets. Comparable upstream raw material and pipe-grade stainless steel position to Jiuli.
• Sumitomo Metal (Sumitomo Corporation / Nippon Steel): Nippon Steel (formerly including Sumitomo Metal) produces high-end seamless steel pipes and special alloy tubes for energy, chemical, and nuclear customers worldwide. A broad incumbent with comparable product categories though much larger scale and broader portfolio.
• ThyssenKrupp Steel Europe: ThyssenKrupp's materials businesses include stainless steel flat and long products plus specialty industrial components serving similar engineering customers. A broad incumbent with overlapping capabilities but a wider portfolio than Jiuli.

Emerging players

• Mersen: Mersen produces specialty graphite, anti-corrosion materials, and certain high-performance industrial components including pipe-related products for chemical and energy markets. Partial overlap with Jiuli's specialty alloy and corrosion-resistant pipe business.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/zhejiang-jiuli-hi-tech-metals-co-ltd-

Compliance20 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries4 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 Zhejiang Jiuli Hi-tech Metals