Taiyuan TISCO-Daming Metal Products Co.

Establishment: July 2011

Company Address: No.28 South Street of Steel Park, Stainless Steel Industrial Park, Jiancaodi District, Taiyuan

Registered capital: 500 million RMB

Design capacity: 600,000 tons of stainless steel, 400,000 tons of carbon steel

Taiyuan TISCO Daming Metal Technology Co., Ltd. is a joint venture company jointly invested by TISCO Group [Stock Code : 000825] and Daming International [Stock Code : (HK) 01090] in July 2011, of which 40% shares are held by TISCO Group and 60% shares are held by Daming International. With a total investment of 1.08 billion RMB, the company is located at No. 28 South Street, Steel Park, Jiancaodi District, Taiyuan City, covering an area of 145,000 square meters and a construction area of 100,000 square meters. The main business scope includes the production, processing and sales of stainless steel, carbon steel and new alloy materials and other metal products. At present, it is ranked among the “Top 50 enterprises in Taiyuan” and “Top 50 manufacturing industries in Taiyuan”.

The company has imported international first-class stainless steel processing equipment from Germany, Italy, Japan and other countries and regions, absorbed and introduced the advanced technology of Jiangsu Daming, first-class professional management experience, and played the advantages of TISCO Group in raw materials, brands and other aspects to provide customers with high quality and efficient services. The company is positioned to provide supporting services for high-end equipment manufacturing industry, which will drive the development of high-end manufacturing industry and can achieve the maximum utilization of resources. The company currently has a standing stock of nearly 30,000 tons of each steel grade in the full range of 200 series, 300 series, 400 series and duplex steel, heat-resistant steel, nickel-based alloy, etc..

The business coverage covers Shanxi, Shandong, Shaanxi, Henan, Hebei, Inner Mongolia, Ningxia, Gansu, Qinghai, Xinjiang, Sichuan, Chongqing, Guangdong, Liaoning, Jilin and other provinces, autonomous regions and municipalities. Our customers are distributed in many industries such as pipe welding, petrochemical equipment, automobile and auto parts, machinery manufacturing, metal products, biological and pharmaceutical, environmental protection equipment, etc. In order to be closer to customers and provide better service, the company has set up an office in Zhengzhou City, Henan Province.

The company will continue to increase investment in the steel processing trade, expand product lines, and gradually build and improve the six processing platforms of stainless steel precision cutting, surface treatment, cutting, forming processing, machining, welding processing (machining and welding processing platforms are under construction) to truly provide “one-stop” for downstream customers. Steel processing and distribution services, to become the most modern stainless steel deep processing base in northern China.