Chairman Statement

Since the establishment of Daming group, we have been committed to become China's leading independent stainless steel processing and distrbuting enterprise, realize the enterprise development of Daming International by sticking to healthy and sustainable development and fulfilling social responsibilities. We have been trying to improve the domestic and international competitive power of Daming by adhereing to the management and cultural innovation. During the process of the development, we continue to learn from the large enterprises at home and abroad and work with them to study and explore the suitable mode of development and utilization for China's stainless steel processing industry.

Daming Group aims at becoming the enterprise which has the highest share in China stainless steel processing industry and dedicates to winning the maximum return for shareholders. To reach the goal stated above, we plan to focus on the following strategy:

• Develop other types of metal processing service;
• Expand processing capacity, processing service scope and center network;
• Continue to strengthen the inventory control, circulating capital and funding cost management;
• Expand the customers from the target industries;
• Strengthen the information exchange among the processing centers to improve the overall efficiency.

We deeply understand in the development plan of the enterprise, it is equally important to maintain a large business scale and realize the ideal profit margin and stable cash flow. With the rapid development of Daming Group, we try to remain cautious and achieve balance between reaching the strategic goal and rewarding the shareholders.