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Trades about 51% below its sector, cheaper than its peers on earnings.
Fangda Special Steel Technology Co., Ltd. is a Chinese enterprise specializing in the production and distribution of diverse steel products. Their extensive product portfolio includes alloy structural round steel, vital for the automobile and tractor sectors; hot-rolled ribbed steel bars, crucial for civil engineering projects; hot-rolled flat steel, which finds application in conveyor plate chains and material handling equipment across industries like mining, building materials, cement, and chemicals; spring flat steel, designed for automotive spring plates or air suspension guide arms; as well as spring round steel and various wire rod products. Beyond these core offerings, the company also supplies high-speed wire, coiled screws, large coils, automobile leaf springs, torsion bars, and stabilizer bars, among other specialized steel components. Marketed under the Changli and Seagull brands, Fangda Special Steel's products are sold both domestically within China and are also exported internationally. The company's roots trace back to Nanchang Changli Iron & Steel Co., Ltd., before its rebranding as Fangda Special Steel Technology Co., Ltd. in December 2009. It remains headquartered in Nanchang, China.
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