Dalian Heavy Industry Group is a key backbone enterprise in China's major technical equipment research and development field. It was formed in May 2022 through the integration of three century-old state-owned enterprises: Dalian Huarui Heavy Industry Group Co., Ltd., Dalian Rubber & Plastics Machinery Co., Ltd., and Dalian Jinzhou Heavy Machinery Group. In August 2024, Dalian Heavy Industry Equipment Group reorganized and integrated with Wafangdian Bearing Group Co., Ltd. In September 2024, Dalian Heavy Industry Equipment Group integrated and took controlling stake in Sinovel Wind Group Co., Ltd. After two rounds of reorganization and integration involving five enterprises, Dalian Heavy Industry Group has developed into a multi-brand, industry-related diversified enterprise group with coordinated development of five major sectors: heavy technical equipment, high-end precision bearings, rubber & plastics and petrochemical equipment, pressure vessels, and new energy equipment.

The enterprise mainly provides diversified and comprehensive industrial equipment and services for the metallurgy, port, chemical, and new energy fields. It has total assets of more than 49 billion yuan and more than 16,000 employees. Its products and services are exported to more than 100 countries and regions, and it has created more than 480 "China Firsts." Traditional leading products such as bulk material handling machinery, metallurgical machinery, lifting machinery, port machinery, core components for wind power, large marine crankshafts, and large extrusion pelletizing units have reached domestic leading and world-class levels. It has successfully developed a number of major national equipment, including the world's first and largest marine crankshaft, the first domestically produced 450,000-ton large extrusion pelletizing unit, the world's largest Fischer-Tropsch synthesis reactor, and the core castings for the world's largest 20+ MW offshore wind turbine, making due contributions to safeguarding the country's "five major security areas."

In the next five years, Dalian Heavy Industry Group will adhere to high-quality development as its primary task, take full-process digital and intelligent transformation as the main line, and take reform and innovation as the driving force. It will deeply promote the "Five Transformations" strategy of high-end, intelligent, green, international, and service-oriented development, build a model and banner for the high-quality development of state-owned enterprise reform in the new era, and reach world-class enterprise levels in "ten aspects."