History

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2022

● Revenue exceeded 600 Million USD
● Neway New Butterfly Valve plant starts operations
● Obtained the order of 96” Triple offset actuated butterfly valve
2021

● Neway Awarded "Wanhua Class 1 Strategic Supplier"
● Neway CNC was successfully listed in Shanghai Stock Exchange
2020

● Orders exceeded USD 500 Million.
● Obtained 88" Gate Valve Order.
● Became strategic supplier of Shenghong Refining & Chemical (Lianyungang) Co., Ltd.
2019

● Neway Valve West Africa FZE was established.
● Neway Valve Vietnam was established.
● Authorized by National Nuclear Safety Administration to design and manufacture nuclear safety class 1 valve.
2018

● Neway Flow Control (Suzhou) Co., Ltd. was established.
2017

● Neway Precision Forging (Liyang) Co., Ltd. was established.
2016

● Obtained the first nuclear order exported to Europe (England HPC project)
● Neway International Business Division was established.
● Obtained the first subsea valve order.
2015

● Neway valve successfully completed strategic Acquisition of Tecron Piping Systems (Qingdao) Co., Ltd.
● Neway Foundry (Tongan) second phase realized expansion and was put into production.
● Obtained API6DSS certification.
● Obtained approval of oxygen valve by Royal Dutch Shell.
2014

● Neway Valve was successful listed in Shanghai Stock Exchange.
2013

● Neway Dubai was established.
● Neway Taishan Plant (Third Phase) completed expansion.
● Neway Singapore was established.
2012

● Neway Italy was established.
2011

● Acquired Dong Wu Machinery Co., Ltd., Neway extends product line into safety valve.
● Obtained ASME N, NPT certification.
● Neway Netherlands was established.
2010

● Got the Civil Nuclear Safety Equipment Design / Manufacturing license from China National Nuclear Security Administration Bureau
2009

● Neway Oil Equipment (Suzhou) Co., Ltd. was established.
● Neway America was established.
2008

● Neway Foundry (Tongan) first phase was established.
● Neway Foundry (Dafeng) was established.
2007

● Neway Brazil was established.
● Suzhou Neway CNC was established.
● Taishan Plant (Second Phase) was established and put into operation.
2006

● Annual sales achieved $100 million.
● Taishan Plant (First Phase) was established and put into operation.
2005

● Neway Saudi Arabia was established.
2004

● Annual sales reached 50 million U.S. dollars and grew up to China's large manufacturer and exporter of industrial valves.
● New ball factory and office complex completed, Neway moved its headquarters to No.999 Xiangjiang Road, Suzhou New District (Huashan Plant).
● Neway Foundry (Tongshang) was established.
● Approved by Royal Dutch Shell.
2002

● Neway Valve (Suzhou) Co., Ltd. was formally established.
● Neway Foundry (Suzhou Baiyang Wan) was established.
1997

● Suzhou Neway Machinery Co., Ltd. was established.

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