Nanchang Fangda Special Steel lost money in 2022. As of July 2022, the net profit loss of Nanchang Fangda Special Steel was110.95 billion yuan to-129.6 billion yuan, compared with 8.81billion yuan in the same period of last year.
Fangda Special Steel Technology Co., Ltd. is a steel joint venture. It is the production base of spring flat steel and automobile leaf spring.