Luda Technology Group signed a sales blanket agreement worth about RMB1.6 billion with Shandong Yulong Petrochemical to supply pipeline fittings for phase one of the Yulong Island Refining and Chemical Integration Project.
Angang Steel's Gangjia management unit has awarded a direct procurement contract for booster and pneumatic pumps to Maigesiweite Fluid Engineering Co. The result was announced on 11 February 2026 in Liaoning Province. The contract value is not stated.
China Resources Snow Breweries' 2025 Heineken 5L domestic iron beer barrel procurement project awarded tinplate can supply contracts to Hangzhou Huarui Xin Packaging, Shanghai Baoyi Can and Shandong Aoruijin Packaging. The results were published October 27, 2025.
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.
Zhejiang Ruian Huanan Pump Valve Manufacturing received approval for a technical renovation project adding 300 tons per year of valve castings and 400 tons of mechanical parts through a smart workshop section.
Xinghuo Special Steel began construction on a project to produce 1 billion high-end solenoid valves and pump valve soft magnetic cores per year in Dainan, Xinghua, Jiangsu, on a 100-mu site with planned investment of RMB 1 billion.
Rizhao Yulan New Material is opening a new tinplate mill close to the port of Qingdao, with an investment of RMB 3.3 billion (US$454 million).
Dawn Group held a groundbreaking on July 1, 2024 for a high-end stainless steel pump and valve intelligent manufacturing project in Longkou, run by its joint venture Dawn Precision Intelligent Company. The planned investment is CNY 522 million and the project is due to reach full capacity by January 2026.
Daowen Group and Yantai Longgang Pump held a groundbreaking ceremony on 1 July 2024 for a stainless steel pump and valve intelligent manufacturing project in Longkou. The project has a planned investment of CNY 522 million and is expected to produce 27,000 tons of stainless steel castings a year.
Alleima is investing approximately SEK 250 million in a greenfield cold-finishing facility of over 10,000 square metres at its existing Zhenjiang site. Operations start in 2025 and will serve the chemical and petrochemical segment, including hydrogen tubes.
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.
Yantai Taihai Manoir Nuclear Equipment, a wholly owned subsidiary of listed company 002366.SZ, signed a supply contract worth CNY 105.5 million (incl. tax) with CGN Engineering for LOT12OG main piping of Unit 1 of the CW project.
Wuxi Xinfeng Pipe Industry, a wholly owned subsidiary of Longquan, won a tender for nuclear-grade stainless steel pipe fittings for the Tianwan 7-8 and Xudabu 3-4 nuclear power projects, with a bid price of about RMB 55.99 million. The award was announced on 2022-02-24.
Hydro is investing NOK 390 million in a new P60 extrusion press and plant expansion at its aluminium plant in Suzhou, China, to serve the automotive and electric vehicle market, creating 75 jobs with first billet expected in mid-2023.
Tunxi High-Pressure Valve Co broke ground on a project producing 10,000 tonnes of industrial forgings per year in the Huangshan high-tech zone, Anhui, China, on August 26, 2021. The project includes a 10,000 square metre plant and about 30 new machines.
Shengxing Holdings (002752.SZ) plans to acquire all equity of Pacific Can (Qingdao) from Fuzhou Pacific Can Group for RMB 262 million, funded from its own resources, to expand its two-piece can business in Qingdao.
Dalipal was awarded China National Petroleum Corporation's annual centralized procurement bid for oil country tubular goods, covering about 310,000 tonnes and approximately RMB 2.1 billion on 21 May 2021.
Shanghai Ritai Valve Group was shortlisted for the RH project of Baosteel Desheng, with a winning package covering valve station systems and valve products. Production will follow the client's schedule.
Spanish foundry Ampo Foundry was awarded a contract by a French valve manufacturer to supply 642 valve body castings and 160 valve piston castings for a refinery in China being built by an Italian EPC. The contract is the largest in the company's 56-year history.
Anhui Tunxi High Pressure Valve Co. received approval for its adjusted plan to produce 200,000 industrial forged steel valves per year, which involves expanding its production plant, adding a valve cover line and a smart warehouse. The project has entered formal implementation.
Suzhou Neway Valve Co. started a forging project with a total investment of 1 billion yuan in the Green Casting Technology Industrial Park in Zhuchi Town, Liyang. The first phase targets an annual capacity of 50,000 tons.
Shanxi Huaxiang Group and US-based JDH jointly invested 400 million yuan in a Sino-American JV project in two phases, capable of producing 20,000 tonnes a year of high-end pump, valve and pipe fittings with 160 million yuan in sales and 800 new jobs.
Vallourec closed the purchase of a 50.61% stake in Chinese seamless tube maker Anhui Tianda Oil Pipe, raising its total holding to 70.07%. The two transactions valued TOP's share at about 175 million US dollars.