Dajin Heavy Industry completes listing, raising funds to expand

The company said the listing “opens a new growth era for the business,” which specialises in fabricating foundations and transition pieces, and in shipping them.

“Moving forward, we remain focused on our mission to advance deepwater and floating offshore wind development, and expand our global manufacturing reach. All these efforts align with worldwide energy transition pathways and collective net zero ambitions,” the company said.

The company recently unveiled its intention to transition from a fabricator and manufacturer of structures into an integrated offshore service provider, ‘with its own facilities, own products, own vessels and own ports’ – and first unveiled its plan for an IPO on the Hong Kong exchange in September 2025.

On 27 May 2026, the company launched its ‘Blue Ocean Strategy’ to address the global offshore wind market as an integrated solutions provider, rather than purely as a fabricator, and inaugurated its Tangshan Mega Factory in Caofeidian, China. The new facility will be used to fabricate extra-large monopile foundations, jackets and floating foundations for the global offshore wind industry.

In due course, Dajin Heavy Industry also plans to build a facility in Europe to produce foundations and other structures for the offshore wind industry.

In February 2026, the company held a naming ceremony for a deck carrier that it will use to transport cargoes for offshore wind. King One is the first of a new class of 40,000-dwt deck carriers designed to transport monopile foundations for 15-25-MW offshore wind turbines, jacket-type and floating foundations for the offshore wind sector, and other large offshore modules. The naming ceremony took place at the Dajin Penglai Offshore facility.

The company said the introduction into service of King One was “a milestone in its journey from a fabricator and manufacturer of structures for the offshore sector, to an integrated offshore service provider.

“This integrated industrial chain provides a solid foundation for the company’s expansion into deepsea offshore projects and the development of comprehensive EPCI capabilities,” said Chinese company.