The company is a joint venture company established by Zhangjiagang Guangda Special Material Co., Ltd. and Dongfang Turbine Co., Ltd. of Dongfang Electric Corporation. To implement and deepen the mixed ownership reform of state-owned enterprises actively, it takes the Casting and Forging Division of Dongfang Turbine Co., Ltd as the platform, and establishes a joint venture company specialized in manufacturing high-end castings and forgings for energy, aviation, military, and chemical equipment. The company covers an area of nearly 460,000 square meters and has 1186 employees. It has built a "5+2+1" casting and forging production line, with an annual output of approximately 30000 tons of steel castings, 25000 tons of cast iron castings, and 12000 tons of forgings.