Pump and valve industry relisted

Suzhou Neway Valve Co., Ltd. has received approval and listed on the Shanghai main board, becoming the largest IPO after the opening of the gate.As a player in the pump and valve industry, both in terms of technology and sales, it maintains a strong growth momentum, with industrial valves being a major player. throughoutIn 2013, China's economic situation saw a rapid decline in various industries. The pump and valve industry benefited from the country's large-scale infrastructure construction and the scale of the petroleum equipment field, maintaining rapid growth, especially in technology enterprises. In the early stages of China's pump and valve technology, the main focus was on introducing and imitating foreign technology. Based on this, local innovations were made in combination with the actual situation of the country. Typical examples include household booster pumps andStainless steel submersible pumpNew Territories and Southern Pump Industry are representatives of Chinese manufacturing, and their price advantages have led to rapid development in the market and their listing. The total manufacturing volume of pumps and valves in China has reached the world's largest, and the core technology needs to be further improved.