May 23, the foundation stone laying ceremony of Da Ming’s tenth processing center were held in Jiaxing, and more than a hundred of representatives from the government, steel mills, banks and downstream customers attended the ceremony, including BAOSTEEL Desheng, Ningbo Baoxin, ZPSS, Beihai Chengde, Eastern special steel, Yongjin, Ma Steel, BAOSTEEL, etc.

The “High end equipment manufacturing and metal material processing center” is the joint venture of Da Ming international holdings limited and Japan HANWA, with total investment of 120 million dollars and land cover of 220 arcs, the processing center will be put into operation in late 2018. Once the processing center is put into operation, the carbon steel and high strength steel processing capability will reach 800,000 tons per year, while stainless steel processing capability will reach 350,000 tons per year, and the annual output value is about 8 billion Yuan.

Daming Jiaxing processing center is the tenth processing center of Da Ming International holdings limited, and will introduce international first class shearing and slitting equipment, CNC forming equipment, grinding equipment, cutting equipment and welding equipment. The establishment of Daming Jiaxing processing center will further improved the industrial layout of Daming, extended the industrial chain, and optimized the service network.