# Qinhuangdao Zhongqing Metallurgical Valve industrial park nears operation, targets RMB 1 billion output

Qinhuangdao Zhongqing Metallurgical Valve Co. is finishing its Zhongqing industrial park in Lulong county, with a total investment of RMB 455 million, capacity of 40,000 tons of valves a year and expected output value of RMB 1 billion. Offices are due to be finished in late September and production lines in October 2023.

- Type: New facility
- Announced: 2023-08-21
- Where: Lulong County, Qinhuangdao, Hebei, China
- Value: $63.0M (455.0M CNY)
- Jobs: 1,000
- Status: under construction
- Capacity: 40,000 tons of valves per year
- Products: metallurgical valves, metallurgical vehicles, couplings
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md), [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Shangfa Valve](https://endata.com/companies/8776.md)

## Sources

- [famens.com](http://www.famens.com/news-414691.html), 2023-08-21: "项目总投资 4.55亿元，主导产品冶金阀门、冶金车辆、联轴器等均为自主研发"

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