SUFA Technology Industry Co., Ltd. CNNC (hereafter abbreviated as “Company”) is the first public limited company in the valve industry and the first in the nuclear power industry, which has been traded in Shenzhen Stock Exchange since 1997 with the abbreviation / logo “CNNC TECHNOLOGY” (“????”) and the code number “000777”. The Company was founded on the base of the parent enterprise Suzhou Valve Factory CNNC (hereafter abbreviated as “Factory”), inheriting her famous brands, QA & QC system, manufacturing technique, management and other advantaged characteristics.

The Company locates in the urban area of Suzhou city and covers the total 300,000 square meters with all the facilities including foundry, forging, welding and hard facing, heat treatment, machining, assembly and pressure testing. And several subsidiary companies with various locations have been set up one after another in recent years.

Qualified with advanced valve technical know-how and equipped with various imported equipment, such as the resin sand moulding & casting production line, the CNC machine centers and several testing devices, the Company specialized in manufacturing valves with materials of carbon steel, stainless steel, monel and Titanium. The Company has provided more than 12000 items of valves with different size, pressure and valve type comprehensively used in petrochemical, oil refining, metallurgy, chemical, pharmaceutical, paper making industries, as well as in power plants and nuclear power stations. The main products manufactured at the Company is gate, globe, check, ball, butterfly, diaphragm, plug valves and control valves, high temperature & high pressure valves for power plants, valves for nuclear power plants, vacuum valves, heat preservation jacket valves and valves for civilian water systems.

The Factory is one of the first enterprises that gain the title “the first class national calibration enterprise” and is one of the leading 500 manufacturers with large production scale in China. The Company possesses the total assets of 500million RMB yuan. And the Company is listed as the best one in China valve industry at several economic parameters in the statistic reports in recent years.

The Factory was founded in 1952. And it was classified to be a military enterprise with the factory name code “526” belonging to Mechanical Industry Ministry No. 2 in 1962. (Mechanical Industry Ministry No. 2 was renamed to be “Nuclear Industry Ministry” and then to be “China National Nuclear Corporation” till now). The Factory was praised as prominent enterprise by the circular issued by the State Council for the Company’s contribution to the successful research and development in the atomic hydrogen bombs and nuclear submarine.

The Factory started to manufacture valves for petrochemical industry in 1979. And the Factory has adopted ISO, ANSI, API, MSS, JPI, BS, DIN, NF, etc as the international standards and ISO, GB, JB, EJ, HB, CJ, etc. as national standards in valve design, manufacturing, inspection and test since then.

The Factory was the first one among Chinese valve manufacturers to obtain API certificate in 1982, and was granted the quality system certificate of ISO 9002 in 1991 and certificate of ISO9001 in 1993. And the Factory was also approved by lots of overseas and domestic Bureaus of Shipping, such as ABS (USA), BV (France), DNV (Norway), CCS (China).

The Company obtained the “CE” TUV certificate in 2001. The Factory also obtained a license issued by China Nuclear Safety Bureau for the design and manufacture of nuclear-oriented pressure containing equipment and qualified certificates for the valves and valve related equipment used in petrochemical industry, power plants, nature gas pipelines and shipbuilding. The company, as the first company in the mechanical industry, obtained the Certificate for the Exemption of Import and Export Commodities from Inspection issued by State Central Administration of the P.R. of China for Quality Supervision and Inspection & Quarantine in 2003. The company also was approved and listed as qualified supplier by several overseas and domestic first class companies, such as: Shell International (U.K. / Netherlands), China National Petroleum Corporation (CNPC), SINOPEC and Bao Steel, etc.

The Factory set up a joint venture company --- SUFA LTD, a marketing and after sales service company, in Middle East in 1991. Then the Factory set up a joint venture named Suzhou Watts Valve Company specialized in ball valve manufacture with Watts Industries Inc. (USA) in 1995 and later it was renamed as Suzhou KF Valve Co., Ltd. One more Joint Venture --- Tehran SUFA J.V. Co., Ltd was founded in Iran in 1998.

Suzhou SUFA DA Valve Co., Ltd. is another joint venture established by the Company and DA Company of Germany in Suzhou New District (a national level high-tech development zone) in 1998. SUFA DA introduces advanced technology and equipment from Germany and specializes in manufacturing various valves for water systems with products’ conformity to the requirements of the international environment protection.

SUFA GB Valve Co., Ltd. was founded in 2002, specializing in manufacturing valves with national standards (GB) as basic design. And SUFA B & W Valve Co., Ltd. was established and are specializing in American standards valves, so was Danyang SUFA Butterfly Valve Co., Ltd. specializing in butterfly valves. The Company also invested in a foundry --- Huzhou SUFA New Foundry Co., Ltd. Meanwhile, the company reformed its organization structure to be more suitable for special products development and manufacturing. As a matter of fact, the Company has become an integrated company that manufactures both general valves and special valves to meet the needs for any Projects.

The goal of the Company is “to create value for users” and to establish a long relationship for mutual benefits with the customers.

There are total 15 subsidiary companies of the Company, covering the fields of valve manufacturing, business, biological technology and nuclear-radiation utilization etc. The Company is developing itself to be a group company.