# Sinopec Capital invests in Hefei Huasheng Pumps & Valves

Sinopec Capital, jointly with Hefei Innovation Sci-tec Venture Capital, invested in Hefei Huasheng Pumps & Valves to expand into high-end petrochemical pumps. The announcement is dated 20 December, presumably 2022, and no amount was disclosed.

- Type: Acquisition
- Announced: 2022-12-20
- Where: Hefei, China
- Status: announced
- Products: hydrogenation circulating pumps, axial flow pumps, valves
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Sinopec Capital](https://endata.com/companies/10188.md) (investor)
- [Hefei Huasheng Pumps & Valves](https://endata.com/companies/10189.md) (target)
- [Hefei Innovation Sci-tec Venture Capital](https://endata.com/companies/10190.md) (partner)

## Sources

- [capital.sinopec.com](http://capital.sinopec.com/capital/en/news/2022news/20230201/news_20230201_367200671707.shtml), 2023-02-01: "Investment in high-tech petrochemical pump will help us solve stranglehold problems, break the monopoly of foreign technology"

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