China's annual valve market turnover is as high as 50 billion yuan, of which more than 100 billion yuan of the market has been occupied by foreign valve companies.

According to China's "Eleventh Five-Year Plan" development plan, China's valve industry, especially the valve companies that focus on the two major markets of water supply and construction, are still compared with international advanced companies in energy saving, environmental protection, safety and sustainable development strategies. gap. This is mainly reflected in the fact that Chinese companies are small in scale, low in technology, and relatively weak in brand competitiveness.

If these problems are not resolved in time, it will not only greatly affect the overall level of China's valve industry, but also restrict the healthy growth of China's valve industry. Integration and reorganization is the process that China's valve industry must go through. Only through large-scale, large-scale integration of high-quality assets, and the rapid establishment of a strong group, can the brand-name products become the dominant valve market in China, in order to ensure the Chinese users of the urgent needs of high-end products.

During the “Eleventh Five-Year Plan” period, the total demand for domestic valves is forecast to be 34.5 billion yuan. In addition, according to the needs of China's national economic development, the valve development focuses on the development of new valve-supporting valves for major projects such as thermal power, nuclear power, hydropower, large-scale petrochemicals, oil and gas gathering and transmission lines, coal liquefaction, and metallurgy. While developing the above new products, attention should be paid to the promotion and application of new process technologies, such as the development of vacuum electron beam welding technology and shear extrusion technology when developing high-temperature and high-voltage power stations and nuclear power station valves using forged welded structures; development of large-diameter pipelines The overall ball valve applies integrated welding technology.

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