Dajin Heavy Industry Co.,Ltd. (01081) made its debut on the Hong Kong stock exchange today. The company's shares opened at their listing price of HK$66.4, with no initial movement.

The initial public offering saw 100 million shares issued at HK$66.4 each, with a board lot size of 100 shares. The company raised net proceeds of approximately HK$6.465 billion from the offering. In early trading, the stock remained at HK$66.4, generating a turnover of HK$363 million.

Company Business Overview

According to its prospectus, Dajin Heavy Industry Co.,Ltd. is a globally leading supplier of core equipment for the offshore wind power sector. The company has nearly two decades of experience in the wind power industry, offering integrated "construction, transportation, and delivery" solutions for wind turbine foundation equipment to major global offshore wind developers.

Market Position and Performance

Data from a leading industry research firm shows that, based on sales revenue for monopiles in the first half of 2025, the company was the top-ranked supplier of offshore wind foundation equipment in the European market, increasing its market share from 18.5% in 2024 to 29.1%.

Furthermore, as of June 30, 2025, based on a review of publicly disclosed documents from several competitors with similar product delivery profiles, the company is the sole supplier in the Asia-Pacific region to have achieved batch deliveries of monopiles to Europe.

According to the same data source, based on sales revenue, the company ranked fifth among Chinese wind tower suppliers in the first half of 2025 with a 2.4% market share. It held the third position in 2024 with a 4.4% market share.