Tiangong International

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Tiangong International Limited
天工國際有限公司
Company type Public company
SEHK:  826
Industry Steel, Tool steel, Titanium alloys
Founded1984
Headquarters,
Area served
Worldwide
Key people
Chairman: Mr. Zhu Xiaokun
ProductsHigh-speed steel, die steel, cutting tools, titanium alloys
RevenueRMB 5.74 billion (2021) [1]
RMB 671.6 million (2021) [1]
Website www.tggj.cn

Tiangong International Limited (Chinese :天工國際有限公司) is a publicly traded Chinese company engaged in the production and sale of specialty steel materials. The company is one of China's largest producers of high-speed steel (HSS), die steel, cutting tools, and titanium alloys. Headquartered in Danyang, Jiangsu Province, it was founded in 1984 and listed on the Hong Kong Stock Exchange in 2007. [2]

Contents

Business Segments

Tiangong International operates through the following core divisions:

High-Speed Steel (HSS)

Tiangong is a major global supplier of high-speed steel, offering grades such as M2, M35, and M42. These materials are widely used in the manufacturing of industrial cutting tools, drills, and saw blades.

Die Steel

The company produces hot work and cold work die steels for applications in automotive stamping, extrusion, forging, and plastic mold tooling industries.

Cutting Tools

Tiangong manufactures finished tools such as twist drills, milling cutters, reamers, taps, and other precision tools used in machining and manufacturing.

Titanium Alloys

The company has expanded into the production of titanium alloys, which are used in aerospace, biomedical implants, energy, and industrial processing sectors due to their high strength and corrosion resistance. [1]

Trading Division

This business segment handles domestic and international distribution of tool steels, raw materials, and alloy products, complementing the company’s integrated supply chain.

Operations

Tiangong International operates its main production base in Danyang, Jiangsu Province. The manufacturing facilities cover melting (including EAF and ESR), forging, hot rolling, heat treatment, and precision machining processes.

The company maintains an R&D center with a focus on metallurgical innovation and alloy development. As of 2021, Tiangong held over 150 national patents and participated in the drafting of multiple national standards for tool steel.

Its products are distributed both domestically and internationally, with export markets including Europe, Southeast Asia, the United States, and the Middle East.

References

  1. 1 2 3 "Annual Results 2021" (PDF). HKEXnews. Retrieved 2025-04-12.
  2. "Tiangong to raise HK$600m from IPO" . Retrieved 2025-04-12.