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Newway Valve (纽威股份) announced plans to invest about CNY 1.2 billion in a high-performance fluid control valve project in Suzhou, expected to be completed around March 2027 with capacity of 300,000 valves a year and output value of about CNY 2.5 billion. The project responds to rising orders for power and water valves.
“公司计划投资12亿元建设高性能流体控制阀门项目,以应对电力阀及水阀订单快速增长带来的产能瓶颈。”finance.sina.com.cn
Summarized from public sources; check the original articles before acting on it.