China Valve Signs 50 Million High-End Valve R&D and Supply Agreement

Recently, under the guidance and regulation of the China National Energy Administration of China Valve, China Kaifeng High Pressure Valve Company, a subsidiary of China Valve Company, has signed research and development agreements with four other demonstration projects (four power plants). According to the agreement, China Valve will supply mainstream valves, hydraulic inlet and outlet three-way valves, extraction inspection valves and steam turbine vacuum butterfly valves to these four power plants for a 1000 MW ultra-supercritical power plant. The four power plants are: Jiangsu Jurong Power Plant, Chongqing Shuanghuai Power Plant, Henan Sanmenxia Power Plant and Jiaozhou Longyuan Power Plant.

Coupled with the Nantong Power Plant, which had previously signed supply agreements, China Valve CEO Jianbao Wang is expected to supply the five power plants with nearly $50 million worth of high-end valves in the next two years.