CRCI invested in Dajin in 2009.
Liaoning Dajin Heavy Industry Co. Ltd. (“Dajin” or the “Company”) is a leading steel structure manufacturer for the energy sector, engaging in the fabrication of wind turbine towers and thermal boiler steel structures. The Company is the largest wind tower and boiler steel structure producer in Northeast China and Inner Mongolia. Dajin is developing its capability in the offshore wind towers and the steel structure for nuclear conventional islands. Dajin was listed on Shenzhen Stock Exchange in October 2010.
CRCI successfully exited this company in March 2012, at 5.9x ROI and 64.8% IRR.