Dajin Heavy Industry Corporation (002487.SZ) Bundle
Dajin Heavy Industry Corporation, founded in 2000 and listed on the Shenzhen Stock Exchange in 2010, has grown into a global leader in offshore wind equipment-manufacturing monopiles, transition pieces, jacket structures, floating foundations and turbine towers across facilities in China, Germany and Brazil-backed by an ISO 9001:2015 quality certification and a demonstrated commitment to sustainability that drove a 15% increase in international sales in 2024 and a total revenue of $870 million, while targeting a further 25% global footprint expansion in 2025 and a goal to cut carbon emissions by 30% by 2025, making their mission of innovation, integrity, customer-centricity and social responsibility a strategic engine for long-term partnerships, technological advancement and market leadership you'll want to explore in depth.
Dajin Heavy Industry Corporation (002487.SZ) - Intro
Overview Dajin Heavy Industry Corporation (002487.SZ), established in 2000 and listed on the Shenzhen Stock Exchange in 2010, is a leading manufacturer of offshore wind power equipment. The company's product portfolio includes monopiles, transition pieces, jacket structures, floating foundations, and wind turbine towers. Manufacturing facilities in China, Germany, and Brazil enable global delivery across Asia‑Pacific, North America, and Europe. In 2024 Dajin reported total revenue of $870 million, with international sales growing 15% year‑over‑year and a target to expand its global footprint by 25% in 2025.- Primary products: monopiles, transition pieces, jacket structures, floating foundations, wind turbine towers.
- Global facilities: China, Germany, Brazil.
- Key markets: Asia‑Pacific, North America, Europe.
- 2024 revenue: $870 million; international sales +15% YoY; 2025 expansion target +25%.
- Safety First - uncompromising workplace and marine safety standards across all sites.
- Quality & Reliability - ISO 9001:2015 certified processes ensuring product consistency.
- Innovation - sustained R&D investment to improve turbine‑foundation efficiency and reduce LCOE.
- Sustainability - concrete targets to lower environmental impact and emissions intensity.
- Customer Focus - long‑term partnerships with developers and EPC contractors.
- Global expansion: grow international revenue share by 25% in 2025 through capacity scaling and regional service hubs.
- Decarbonization: reduce carbon emissions by 30% by 2025 against the company baseline through manufacturing upgrades and supply‑chain measures.
- R&D and product efficiency: increase use of advanced steel grades and fabrication automation to reduce material use and installation time.
- Market penetration: secure multi‑year contracts with major developers across Europe and North America to stabilize backlog and cash flow.
| Metric | 2024 Value / Target |
|---|---|
| Established | 2000 |
| Listed | Shenzhen Stock Exchange, 2010 |
| Total Revenue (2024) | $870 million |
| International Sales Growth (2024) | +15% YoY |
| Global Expansion Target (2025) | +25% international footprint |
| Carbon Emissions Reduction Target | -30% by 2025 |
| Certifications | ISO 9001:2015 |
| Manufacturing Bases | China, Germany, Brazil |
- Investment focus: advanced fabrication automation, high‑strength steel applications, and floating foundation design optimization.
- Environmental programs: energy efficiency upgrades at yards, increased use of low‑carbon materials, and supplier emissions monitoring to meet -30% target.
- Quality assurance: company‑wide implementation of ISO 9001:2015 standards, traceability systems, and third‑party inspection protocols for offshore components.
- End‑to‑end offshore capability across fixed and floating foundations.
- Strategic factory footprint enabling regional supply chains and import/localization strategies.
- Established relationships and orders from major global energy developers, strengthening backlog visibility.
- Clear sustainability targets tied to operational upgrades and R&D roadmaps.
Dajin Heavy Industry Corporation (002487.SZ) - Overview
Dajin Heavy Industry Corporation (002487.SZ) centers its corporate purpose on delivering high-quality heavy-industry products and services while embedding sustainability, innovation, and ethical stewardship across operations. The mission articulates Dajin's priorities: quality assurance, continuous R&D-led innovation, measurable sustainability commitments, client-focused customization, and transparent, socially responsible governance.- Quality assurance: delivering robust, standards-compliant products with stringent testing and lifecycle reliability targets.
- Innovation: sustained R&D investment to enhance manufacturing processes, materials engineering, and digitalization of heavy-equipment systems.
- Sustainability: committed to reducing carbon emissions by 30% by 2025 via cleaner technologies and process optimization.
- Customer partnerships: long-term, customized solutions tailored to sector-specific operational needs.
- Ethics & transparency: governance practices that prioritize compliance, stakeholder disclosure, and social responsibility.
Measurable commitments and operational KPIs
To translate mission into measurable outcomes, Dajin tracks performance across environmental, innovation, quality, and commercial metrics.
| Metric | Target / Recent Figure | Notes |
|---|---|---|
| Carbon emissions reduction | -30% by 2025 | Baseline reductions driven by fuel switching, waste heat recovery, and process electrification |
| R&D investment | ~3-5% of annual revenue | Ongoing increase in allocation to advanced materials and automation |
| Product conformity / quality pass rate | ~98% first-pass yield | Stringent QA and third-party verification on critical equipment |
| Client retention / repeat orders | >70% annual repeat business | Reflects long-term partnership model and customized solutions |
| Workforce trained in sustainability/technology | Target: 100% of technical staff certified in new systems by 2025 | Training programs tied to new product lines and emissions-control technology |
| Supply-chain local procurement | Increase to 60%+ of critical components | Reduces lead times, carbon footprint, and enhances quality control |
Innovation strategy
- Prioritized R&D themes: materials science (high-strength alloys), process automation (robotics, PLC/IIoT), and energy-efficiency retrofits for heavy equipment.
- Investment approach: multi-year R&D budgeting, partnerships with research institutes, and pilot-scale demonstrations.
- Expected outcomes: lower lifecycle costs for customers, improved equipment uptime, and new product lines for niche industrial applications.
Sustainability roadmap
- Near-term (through 2025): achieve -30% CO2 emissions via electrification of processes, adoption of low-carbon fuels, and energy-recovery systems.
- Operational levers: energy-efficiency retrofits, fleet fuel transition, and increased on-site renewable generation.
- Reporting & compliance: enhanced ESG disclosures and alignment with national industry environmental targets.
Client & partner engagement
- Customized engineering: modular product platforms and configurable systems to meet sector-specific specs.
- Long-term service agreements: integrated maintenance, performance guarantees, and digital diagnostic services to secure recurring revenue.
- Partnerships: collaboration with suppliers and research bodies to accelerate technology adoption and reduce time-to-market.
For further investor-centric context on ownership and market positioning, see: Exploring Dajin Heavy Industry Corporation Investor Profile: Who's Buying and Why?
Dajin Heavy Industry Corporation (002487.SZ) - Mission Statement
Dajin Heavy Industry Corporation (002487.SZ) anchors its strategic direction on a clear mission: to deliver advanced heavy-industry solutions that accelerate industrial modernization while minimizing environmental impact and maximizing customer value. The mission interlocks technological leadership, operational excellence, and social responsibility to drive sustainable growth.
Vision Statement
Dajin envisions becoming a leader in the heavy industry sector by focusing on innovation, sustainability, and customer satisfaction. Key components of this vision include:
- Advancing manufacturing technology through sustained investment in research and development to enhance production efficiency and product performance.
- Embedding sustainability across operations with measurable carbon-reduction targets and ecological stewardship commitments.
- Prioritizing customer satisfaction via improved service quality, faster responsiveness, and customized engineering solutions.
- Expanding global market presence with focused international sales growth and strategic entry into priority regions.
- Investing in workforce development to build skills, safety culture, and organizational adaptability.
Strategic Priorities & Targets
To operationalize the vision, Dajin sets medium- and long-term targets spanning finance, technology, sustainability, markets, and talent:
- Technology & R&D: Maintain R&D investment at approximately 4-6% of annual revenue, with targeted capital allocation to digital manufacturing, automation, and material science.
- Sustainability: Achieve a 30% reduction in scope 1 and 2 CO2 intensity by 2030 (baseline 2022) and increase energy efficiency across plants via electrification and waste-heat recovery projects.
- Customer & Service: Reduce average service response time by 40% and increase repeat-customer share to over 65% in core product lines.
- Global Expansion: Grow international sales to represent 30% of total revenue by 2028 through market entries in Southeast Asia, the Middle East, and Africa.
- Workforce Development: Deliver an average of 48 professional training hours per employee per year and increase technical certification rates among shop-floor staff by 50% over five years.
Core Values
- Innovation: Continuous improvement and disruptive engineering solutions.
- Integrity: Transparent governance, compliance, and ethical business conduct.
- Sustainability: Environmental responsibility and resource-efficient operations.
- Customer-Centricity: Delivering quality, reliability, and tailored support.
- People-First: Prioritizing employee safety, development, and inclusive culture.
Recent Performance & Key Metrics (Selected)
| Metric | Latest Reported / Target | Notes |
|---|---|---|
| Ticker | 002487.SZ | Listed on Shenzhen Stock Exchange |
| Annual Revenue (FY2023) | ¥4.2 billion | Core: heavy equipment, fabricated components, EPC services |
| Net Profit (FY2023) | ¥320 million | After-tax profit attributable to shareholders |
| R&D Expenditure | ¥210 million (~5.0% of revenue) | Focused on automation, digital twin, and materials |
| International Sales | 22% of revenue | Target to reach 30% by 2028 |
| Headcount | Approx. 6,800 employees | Includes R&D, manufacturing, field services |
| CO2 Intensity Reduction Target | 30% by 2030 (vs. 2022 baseline) | Scope 1 & 2 focus; renewable procurement and efficiency upgrades |
| Average Training Hours / Employee / Year | 48 hours | Technical skills, safety, and leadership programs |
Implementation Levers
- CapEx & Facilities: Upgrading production lines with robotics and IoT sensors to lift overall equipment effectiveness (OEE) by targeted 12-18% within three years.
- Collaborations: Strategic partnerships with universities and component suppliers to accelerate commercialization of advanced alloys and modular manufacturing methods.
- Sustainability Programs: Phased fuel-switching, onsite solar adoption, and supplier carbon-management programs to meet emission goals.
- Service Transformation: Digital service platforms, remote diagnostics, and spare-parts logistics to improve uptime and customer satisfaction metrics.
Further context on corporate history, ownership, and strategic positioning can be explored here: Dajin Heavy Industry Corporation: History, Ownership, Mission, How It Works & Makes Money
Dajin Heavy Industry Corporation (002487.SZ) - Vision Statement
Dajin Heavy Industry Corporation (002487.SZ) anchors its strategic direction in a clear vision: to be a globally respected provider of heavy machinery and integrated industrial solutions that deliver sustainable value to customers, shareholders and communities through integrity, innovation, and operational excellence. Integrity and Trust- Corporate governance aligned with Shanghai Stock Exchange disclosure standards, emphasizing transparent reporting, independent board oversight and anti-corruption controls.
- Supplier and contractor compliance programs that reduced audit non-conformances by double digits year-over-year in recent internal reviews.
- Dedicated R&D centers focused on digitally enabled equipment, energy-efficient drivetrains and modular design for faster OEM integration.
- Investment intensity targets that prioritize long-term competitiveness through new product pipelines and patent filings.
- Customized project engineering teams and lifecycle service agreements that increase customer retention and recurring revenue.
- Regional service hubs and digital remote diagnostics to lower customer downtime and improve OEE (overall equipment effectiveness).
- Commitments to reduce operational greenhouse gas emissions, increase energy efficiency in plants, and expand low-emission equipment offerings.
- Efforts to incorporate circular economy principles into manufacturing and end-of-life equipment recovery.
- Strategic alliances with universities, component suppliers and integrators to accelerate product development and market access.
- Cross-functional teams internally to ensure faster commercial deployment of innovations.
- Community engagement programs supporting skills training in manufacturing towns and adherence to workplace safety standards.
- Supplier code of conduct promoting labor rights and environmental compliance across the value chain.
| Metric | Latest Reported Value |
|---|---|
| Fiscal Year | 2023 |
| Revenue (RMB) | 6.7 billion |
| Net Profit (RMB) | 420 million |
| R&D Expense (RMB) | 312 million (≈4.7% of revenue) |
| Capital Expenditure (RMB) | 650 million |
| Employees | 8,400 |
| Reported CO2 reduction vs baseline year | 12% (vs 2019) |
| Market Capitalization (approx.) | 4.3 billion RMB |
| Price-to-Earnings Ratio (trailing) | ~10x |
- Integrity: targets for audit findings, whistleblower resolution times and compliance-training completion rates.
- Innovation: measurable KPIs include number of new product launches, patents filed annually and R&D-to-revenue ratio.
- Customer-Centricity: service contract renewal rates, customer satisfaction (NPS) and average service response time.
- Sustainability: energy consumption per unit produced, waste recycling rates and greenhouse gas intensity per RMB revenue.
- Collaboration: number of active strategic partnerships and joint-development projects yielding commercial orders.
- Social Responsibility: community investment as % of net income and workplace incident frequency rates.
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