Daming Group Reports 11% Growth in Automotive Exhaust Stainless Steel Sales in Q1 2026

Daming Group has reported a strong start to 2026, with first-quarter sales of stainless steel for automotive exhaust systems rising 11% year-on-year. The result comes despite a challenging environment for the domestic automotive market and highlights the company’s resilience and competitive strength. At the beginning of the year, China’s passenger vehicle market faced several headwinds, including the timing of the Spring Festival, policy adjustments, and a temporary slowdown in domestic demand. As a result, growth across traditional fuel vehicle supply chains remained subdued. Against this backdrop, Daming’s core automotive stainless steel segment stood out, continuing its steady upward trajectory and outperforming the broader market. Resilient Growth in a Challenging Market […]
Daming Group Delivers Breakout Growth in Automotive Exhaust Stainless Steel

As the global automotive industry accelerates its structural transition, Daming Group continues to strengthen its leadership in automotive stainless steel. Against a backdrop of sustained pressure in the domestic internal combustion engine (ICE) market, the company has delivered resilient growth, underpinned by clear strategic direction, differentiated product capabilities, and an integrated service model. These strengths position Daming Group to lead the next industry cycle in 2026. Resilient Growth Amid Market Headwinds In 2025, Daming Group’s automotive stainless steel business reached an important inflection point. Despite overall softness in the automotive market, the Exhaust Stainless Steel segment achieved annual sales exceeding 175,000 tons, representing a year-on-year increase of 16%. Performance surpassed […]