It’s Coming! Dajin Heavy Industry is promoting its Initial Public Offering (IPO) on the Hong Kong Stock Exchange, following its submitting of application in September 2025.
Why is this relevant ? Because this represents another step for Dajin in accessing deep capital pools. As Peter Li (our SVP) points out: “Being listed on one of the world’s leading stock exchanges will allow Dajin to access international funding markets to support the global offshore wind industry through a swifter and stronger platform!”
Dajin is fully privately owned and has financed its rapid expansion exclusively through its own resources. In 2022, Dajin completed a non-public offering of shares, with total proceeds of around RMB 3.066 billion. In addition, the company has reinvested most of its profits over time and enjoys easy access to debt markets thanks to its strong solvency.
Dajin’s strategy of self-funded growth has translated into ambitious expansion plans which are turning to reality with funding already secured: enlarging its fabrication base with a new plant in Tangshan, developing its own fleet of deck carriers to ensure competitive and reliable shipping for clients, and investing in its own renewable projects (4 wind farms and 1 solar farm) in China to support its sustainability ambitions.
With market capitalization around RMB 41.6 billion, Dajin is well positioned to continue supporting the offshore wind industry globally. Dajin’s upcoming IPO in Hong Kong will no doubt allow the company to continue investing in new projects in the future.
Stay tuned!
