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Newway Valve (纽威股份) plans to invest about 1.5 billion yuan, funded internally, in a high-end cast steel pump valve parts and structural parts plant with 40,000 tonnes annual output, to be built between September 2026 and December 2027. The company will also relocate its Suzhou subsidiary there.
“公司拟投资高端铸钢泵阀件和结构件制造项目,总投资约15亿元,资金来源为公司自筹。”i.ifeng.com
Summarized from public sources; check the original articles before acting on it.