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China Valves’ Subsidiary Becomes a Qualified Supplier of China Nuclear Power Engineering Co., Ltd.

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"We are pleased for Able Delight to be certified as a qualified supplier of CNPE, another great milestone in our effort to gain more market share in the nuclear power industry," said Mr. Siping Fang, the Company's Chairman and Chief Executive Officer.

– Edited By Chris Reed –

China Valves Technology, Inc. (China Valves), a leading Chinese metal valve manufacturer, today announced that one of its subsidiaries, Able Delight (Changsha) Valve Co., Ltd. ("Able Delight"), has been certified as a qualified supplier of China Nuclear Power Engineering Co., Ltd. ("CNPE"). Able Delight is China Valves' second subsidiary after Kaifeng High Pressure Valve Co., Ltd. to receive the certification.

The certificate applies to butterfly valves, ball valves and cage guided globe valves for the conventional island of nuclear power plants and also covers Able Delight's butterfly valves with a diameter of 5.5 meters, which are the largest produced in China. The certificate is reviewed every three years.

"We are pleased for Able Delight to be certified as a qualified supplier of CNPE, another great milestone in our effort to gain more market share in the nuclear power industry," said Mr. Siping Fang, the Company's Chairman and Chief Executive Officer. "The demand for valves for nuclear power applications is growing but the inspection of prospective suppliers is strict. We believe the addition of Able Delight as a qualified supplier will become another catalyst for rapid growth."

About China Nuclear Power Engineering Co., Ltd.

China Nuclear Power Engineering Co., Ltd., was established under China National Nuclear Corporation in 2007. The main functions of CNPE include nuclear power and other nuclear engineering, engineering construction consultation and training, nuclear power project management, and nuclear technology transfer etc.

About China Valves Technology, Inc.

China Valves Technology, Inc. through its subsidiaries, Zhengzhou Zhengdie Valve Co, Ltd., Henan Kaifeng High Pressure Valve Co., Ltd., Tai Zhou Taide Valve Co., Ltd., Yangzhou Rock Valve Lock Technology Co., Ltd., Able Delight (Changsha) Valve Co., Ltd. and Shanghai Pudong Hanwei Valve Co., Ltd., is engaged in the development, manufacturing and sale of high-quality metal valves for the electricity, petroleum, chemical, water, gas and metallurgy industries. The Company has one of the best known brand names in China's valve industry, and its history can be traced back to 1959 when it was formed as a state-owned enterprise. The Company develops valve products through extensive research and development and owns a number of patents. It enjoys significant domestic market share and exports to Asia and Europe.


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