What Da Ming International Holdings does

Da Ming International Holdings Limited (大明国际控股有限公司) is a publicly listed (Hong Kong Stock Exchange, 2010) Chinese steel processing and distribution enterprise founded in 1988 and headquartered in Wuxi, Jiangsu. The company operates a "Material Center + Manufacturing Center" integrated platform offering eight steel material series (carbon, high-strength, wear-resistant, regular stainless, dual-phase, heat-resistant, nickel-based alloy, and super austenitic) alongside nine processing capabilities (precision cutting, surface grinding, cutting/blanking, forming, welding, heat treatment, machining, painting, and assembly). It also operates dedicated business platforms for shipbuilding, circular sheets, industrial welded tubes, flat steel processing, special steel, engineering projects, international trade, and heavy industry (Daming Heavy Industry), with manufacturing facilities in Wuxi, Shanghai, Jingjiang, Tianjin, Hubei, Hangzhou, Taiyuan, and Zibo.

The company serves industrial B2B customers across shipbuilding, automotive, petrochemical, energy/LNG/nuclear, heavy machinery, beverage, pharmaceutical, and infrastructure sectors. Documented customers include BMW, Shanghai Volkswagen, Guangzhou Honda, Sany Heavy Industry, XCMG, China First Heavy Industries, Sinopec, CNPC, Hudong-Zhonghua, Shanghai Electric, Dongfang Electric, Coca-Cola, PepsiCo, Tsingtao Brewery, Beijing Tongrentang, and SW Maschinen. Revenue is generated via quote-based B2B pricing with two primary streams: steel materials sales and value-added processing services, plus international export to Southeast Asia, Australia, Americas, and Europe. Pricing is not publicly disclosed; the company operates a "daily quotation" (每日报价) service and dedicated department-specific account managers. Headcount is 5,001-10,000 with multiple wholly-owned subsidiaries and a registered capital of USD 88.5 million.

Strategically, Da Ming is the first listed company in China's stainless steel processing industry and ranks on the Fortune China Top 500 for nine consecutive years (through 2021). Notable strategic actions include a 2021 strategic equity investment by Japan's Hanwa Corporation (阪和兴业), a 2021 joint R&D partnership with TISCO (太钢集团) at the National Key Laboratory of Advanced Stainless Steel Materials, and over 20 completed chemical tanker cabin material supply projects that filled a domestic technical gap. Management is led by Founder/Chairman Zhou Keming, Vice Chairman Zou Xiaoping, and President Jiang Changhong, with a Hong Kong-listed governance structure including independent non-executive directors.

Name

Da Ming International Holdings

Legal name

Daming International Holdings Limited (大明国际控股有限公司)

Website

https://dmssc.net

Company type

Public

Founded year

1988

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Da Ming International Holdings is a Hong Kong-listed (HKG:1090) Chinese steel processor and distributor founded in 1988, offering integrated steel material supply (carbon, stainless, specialty alloys) plus precision processing (cutting, welding, machining, assembly) to industrial B2B customers across shipbuilding, automotive, petrochemical, energy, and heavy machinery sectors.

Ownership category

akta.pro rank

Product category

Steel Processing and Distribution

NAICS

All Other Miscellaneous Manufacturing (339999)

SIC

Steel Works, Blast Furnaces & Rolling & Finishing Mills (3310)

akta.pro primary industry

Direct Reduced Iron (DRI) & Hot Briquetted Iron (HBI) Production (IMAKABAC)

Keywords

• Stainless steel processing
• Carbon steel processing
• Steel materials supply
• Metal processing services
• Special steel manufacturing

Headquarters

HQ city

Wuxi Shi

HQ country

China

HQ region

Asia

Offices11 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Steel Materials Sales: Sale of stainless steel, carbon steel, high-strength steel, wear-resistant steel, and special steel materials. Revenue generated from material distribution to industrial customers.
2. Steel Processing Services: Processing services including precision cutting, surface grinding, cutting and blanking, forming, welding, heat treatment, machining, painting, and assembly. Charges for value-added processing on customer materials or materials sourced through the company.
3. International Trade/Export: Export of steel materials and processed products to international markets including Southeast Asia, Australia, Americas, and Europe.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Da Ming International Holdings is a comprehensive steel processing and manufacturing enterprise that provides integrated materials supply and steel processing services. The company operates Material Centers and Manufacturing Centers across China, offering nine major processing capabilities for stainless steel, carbon steel, and special steel. It serves industrial customers with end-to-end steel solutions from raw material supply through processing and fabrication.

Product overview

Da Ming International Holdings is a comprehensive steel processing and manufacturing enterprise offering integrated material supply and processing services. The company operates through two main divisions: Material Centers (材料中心) providing various steel materials including carbon steel, stainless steel, high-strength steel, wear-resistant steel, dual phase steel, nickel-based alloys, and super austenitic steel; and Manufacturing Centers (制造中心) offering precision cutting, surface grinding, cutting, forming, welding, heat treatment, machining, painting, and assembly services. The company also operates diversified business platforms for mechanical processing, international trade, flat steel processing, special steel, engineering projects, circular sheets, shipbuilding, and industrial welded tubes. Key manufacturing facilities include Sheet Metal Factory, Flat Steel Factory, Flange Factory, and Daming Heavy Industry, enabling one-stop steel processing solutions for industries including shipbuilding, petrochemical, machinery, automotive, construction, and energy.

Differentiator

Problem solved

Functional benefit

Products and services

• Stainless Steel Processing Services Processing services for stainless steel materials, including slitting, cutting, surface treatment, and precision forming, delivered through Material Centers and Manufacturing Centers to industrial customers in China.
• Carbon Steel Processing Services Processing services for carbon steel materials, providing customized fabrication and supply for industrial manufacturers and fabricators.
• Special Steel Processing Services Processing services for special steel grades, supporting industrial customers with specialized material requirements across manufacturing sectors.
• Integrated Steel Materials Supply End-to-end supply of stainless, carbon, and special steel materials through Material Centers, leveraging strategic partnerships with Hanwa Corporation (Japan) and TISCO to source and distribute multiple steel grades to industrial customers.

Quantifiable outcome

• Over 20 complete chemical tanker cabin material supply projects completed, filling a domestic technical gap
• +4 more outcomes

Named customers25 records

Segments7 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature12 records

Partnerships

One partnership is on record.

• 太钢集团 (Taiyuan Iron & Steel Corporation / TISCO)majorStrategic or Co-development Partner · 25 May 2021TISCO and Da Ming International co-built the 'Forming and Application Technology Research Center' at the National Key Laboratory of Advanced Stainless Steel Materials. This partnership focuses on technology leadership in high-end manufacturing, combining TISCO's material production capabilities with Da Ming's processing and application expertise.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Metal One Corporation: Japan's largest steel service center and a subsidiary of Hanwa Corporation — Da Ming's strategic investor. Operates an integrated materials-plus-processing model across Asia, making it the closest direct comparable to Da Ming's steel service platform.
• Samuel, Son & Co. Privately held North American metals processor and distributor operating a network of service centers with cutting, forming and finishing capabilities. Comparable to Da Ming in its integrated service-center model serving industrial customers.
• Yongjin Co., Ltd. Chinese stainless steel processor and service center serving industrial customers across China. Comparable to Da Ming as a domestic Chinese peer operating in the same stainless steel processing niche with similar automotive, shipbuilding and industrial customers.

Broad incumbents

• Baoshan Iron & Steel Co. (Baosteel): China's largest integrated steelmaker, which is both a major upstream supplier to Da Ming and a competing downstream service provider. Relevant as the dominant Chinese steel incumbent whose vertical integration strategy Da Ming must contend with.
• Reliance Steel & Aluminum Co. Largest metals service center operator in North America with a national network of processing facilities and broad metal product lines. Comparable as a benchmark for scale, multi-metal distribution and value-added processing economics in the steel service center model.
• thyssenkrupp Materials Services: European metals distribution and service center arm of thyssenkrupp, offering warehousing, processing and supply-chain services for stainless, carbon and specialty steels — directly comparable to Da Ming's materials-plus-processing platform.
• Outokumpu Oyj: Global stainless steel producer headquartered in Finland, with downstream coil, sheet and processing operations. Comparable to Da Ming in stainless steel focus and exposure to chemical-tanker, nuclear and industrial end markets.
• Kloeckner & Co SE: European-headquartered metals distribution and processing group with significant presence across the Americas. Comparable to Da Ming in its multi-country distribution model, processing services portfolio and industrial customer focus.
• Acerinox SA: Spanish-headquartered global stainless steel manufacturer with significant processing and distribution operations. Comparable to Da Ming in stainless steel product portfolio and industrial customer base, though Acerinox is primarily an upstream mill rather than a service center.
• Tsingshan Holding Group: Chinese stainless steel major with vertically integrated nickel-stainless production and growing downstream processing capabilities. Comparable to Da Ming in Chinese stainless steel market exposure and overlapping customer base in chemical, energy and industrial sectors.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/daming-international-holdings-ltd

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries10 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 Da Ming International Holdings