Suzhou Neway Valve signed a project to build a high-end fluid control valve production and R&D platform in Suzhou High-tech Zone, targeting nuclear power, power and water treatment markets. The project is expected to generate annual output value of RMB 2.5 billion once in full production.

NEWAY plans to invest about 1.2 billion yuan in a high-performance fluid control valve project to relieve capacity bottlenecks. The project is expected to produce about 300,000 valves a year and be completed in March 2027, subject to shareholder approval.

Zhejiang Haihong Hydraulic Technology, a hydraulic valve maker and supplier to XCMG, Anchai and Hangcha, filed a prospectus for a ChiNext IPO to raise CNY 600 million, of which CNY 550 million is for capacity expansion.

Hongde (301163.SZ) board approved using over-raised funds for a 165 million yuan project in Tongzhou, Jiangsu, to build small and medium high-end components. The project is expected to add 15,000 tonnes per year of key parts for wind power and pumps and valves.

Shanghai Valve Factory received special financial support from the Shanghai municipal and Baoshan district governments after passing a Shanghai Science and Technology Little Giant project review. The fund amount was not disclosed in the article.

Hengli Hydraulic announced plans to invest 500 million yuan of its own funds in phase two of its casting project in Wujin, Changzhou, to add 30,000 tons per year of hydraulic castings capacity, with a one-year build period.

Hengli Hydraulic announced plans to invest 500 million yuan of its own funds in phase two of its hydraulic casting project in Wujin, Changzhou, adding 30,000 tonnes a year of capacity. The announcement was made on 28 February 2018 and the build takes one year.

Ham-Let's subsidiary in China signed an agreement with the Yangzhong District management to build a new $15 million factory with double the production capacity, to be completed by end of Q1 2019; the district compensates $9 million.

Suzhou Dawson Drilling Equipment has completed a capital increase of $3.5 million in its indirect wholly owned subsidiary Suzhou Dawson Valve Co., with the company registration change now finalized in Suzhou Industrial Park.

Yuanda Valve Group began construction of its North China pump and valve casting industrial park in Longyao County, Hebei, at a ceremony on 12 July 2017. The project has a total investment of 1.22 billion yuan and designed annual output of over 30,000 tonnes of valves.