# Daowen Group starts stainless steel pump and valve smart manufacturing project in Longkou

Daowen Group and Yantai Longgang Pump held a groundbreaking ceremony on 1 July 2024 for a stainless steel pump and valve intelligent manufacturing project in Longkou. The project has a planned investment of CNY 522 million and is expected to produce 27,000 tons of stainless steel castings a year.

- Type: New facility
- Announced: 2024-07-01
- Where: Longkou, Shandong, China
- Value: $72.0M (522.0M CNY)
- Status: under construction
- Capacity: 27,000 tons of stainless steel metal castings per year
- Products: high-end stainless steel pumps, valves, general components, stainless steel castings
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md), [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Daowen Group](https://endata.com/companies/12020.md)
- [Yantai Longgang Pump](https://endata.com/companies/12021.md) (partner)

## Sources

- [bxg.mysteel.com](https://bxg.mysteel.com/a/24070217/F33FDCC07D2A20B6.html), 2024-07-02: "计划总投资5.22亿元，占地90.79亩。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.