On February 21, 2025, Chaoda Valve Group Co., Ltd. held its annual management meeting at the Pullman Hotel in Oubei, Yongjia County, Zhejiang Province. Chairman Wang Hanzhou, General Manager Huang Mingjin, and heads of various departments attended the meeting. Under the theme of “Deepening Management Reform and Consolidating the Foundation for Development,” the meeting systematically summarized the 2024 operating performance, reviewed the strategic plan for 2025-2028, and made specific deployments in key areas such as production, quality, administration, and market innovation. The meeting was chaired by Wang Qunlin, the company’s administrative director. In his opening remarks, Chairman Wang Hanzhou reviewed the overall operating situation in 2024. He pointed out that in the past year, the group achieved steady revenue growth by optimizing production processes and strengthening quality control, and made initial breakthroughs in the field of intelligent manufacturing. Regarding the development plan for the next three years, the chairman proposed core principles such as “focusing on the main business, improving quality and efficiency, and innovation-driven development,” emphasizing the need to continuously enhance the company’s core competitiveness through a dual-engine approach of management reform and technological innovation. Special Report: Multi-Area Collaborative Advancement Production and Quality System Upgrade Deputy General Manager Wang

As the year draws to a close, He Lujun, Principal of Lishui Technician College, along with a group of key teachers from the Intelligent Manufacturing Department, enthusiastically visited the “Chaoda (Lishui) Valve Industry College” for a meaningful exchange and study tour. Nearly two months have passed since the successful commencement of the first class at the Industry College, with students diligently studying and striving in this uniquely attractive learning environment. The college leadership and faculty have always been concerned about the students’ academic progress at the Industry College. Principal He Lujun personally led the team to the Industry College to gain a precise understanding of the students’ learning situation and to convey warm care. Upon entering the Chaoda (Lishui) Valve Industry College, Executive Vice President Wang Xiaoming warmly welcomed and accompanied the visiting faculty team on a tour of the college’s modern smart classrooms and various training rooms. During the tour, Vice President Wang provided a detailed explanation of the comprehensive curriculum plan meticulously designed for the students by Chaoda Industry College. Principal He and his team highly praised the Industry College’s ingenious teaching design and well-organized daily life management. President He and his delegation delved into the forefront of

Valve World Expo 2024, the world’s premier valve industry event, was held from December 3rd to 5th at the Düsseldorf Exhibition Center in Germany. As a leading enterprise in the valve industry, Chaoda Valve Group showcased its high-performance, intelligent valve products and technologies at the expo, demonstrating its latest innovations in valve technology to the world. The expo was unprecedented in scale, gathering valve industry elites from around the world. Organized by the influential Düsseldorf Group, this year’s Valve World Expo is a trendsetter in the valve industry and a global platform for valve technology exchange. With the theme “Pioneers Leading Industry Change,” the expo aimed to bring together the world’s leading valve industry forces to jointly explore new paths for industry development. As the chairman unit of the China Valve Industry Association, Chaoda Valve Group, with its outstanding technical strength and brand influence, was invited to participate in this grand event. The exhibition was unprecedented in scale, bringing together valve industry elites from around the world. Hosted by the influential Düsseldorf Group of Germany, this Valve World exhibition served as a trendsetter for the valve industry and a global platform for valve technology exchange. With the theme “Pioneers Leading

On the afternoon of November 22nd, the Zhejiang Pump and Valve Industry Association successfully held its Fourth General Meeting and Election Conference in Yongjia County. The meeting heard and reviewed important documents including the previous council’s “Work Report,” “Amendment to the Articles of Association,” and “Draft Election Procedures,” and elected a new council and supervisory board. Wang Hanzhou, Chairman of Chaoda Valve Group Co., Ltd., was successfully elected as the new president of the council, based on his outstanding contributions and extensive experience in the pump and valve industry. Wang Hanzhou stated, “Given the current backdrop of sluggish domestic pump and valve market demand, overcapacity in conventional products, increasingly fierce market competition, and the volatile international market with rampant trade protectionism, I feel a profound sense of responsibility upon being elected president. I will dedicate myself fully to fulfilling my duties, leading the pump and valve industry with unwavering confidence, recognizing its shortcomings, fostering multi-party collaboration, and promoting innovative development, striving tirelessly for a brighter future for the industry.” In recent years, Chaoda Group has continuously increased its investment in technological innovation. Its R&D team, composed of senior experts and professionals, actively collaborates with domestic and international research institutions, continuously

On November 4th, the opening ceremony of the Chaoda (Lishui) Valve Industry College was held at Chaoda Valve Group Lishui Co., Ltd. Leaders attending the ceremony included He Lujun, Principal of Lishui Technician College; Wang Xiaoming, Vice Dean of the Valve College of Kaifeng University; Wang Hanzhou, Chairman of Chaoda Valve Group; Wang Qunlin, Minister of Administration of Chaoda Valve Group; and Tan Xiuguo, Deputy Minister of Quality of Chaoda Lishui Co., Ltd. As a leading enterprise in the valve industry, Chaoda Valve Group possesses core valve technologies and industry standards, representing a high-end manufacturing industry. Lishui Technician College is the only technician college in Lishui City, closely cooperating with over 200 enterprises, institutions, and vocational schools, possessing rich experience and fruitful results in industry-education integration and school-enterprise cooperation. The establishment of the “Chaoda (Lishui) Valve Industry College” is an important measure jointly promoted by the Lishui Municipal Human Resources and Social Security Bureau and the Lishui Economic Development Zone Management Committee to advance the reform of skilled personnel development. The establishment of the Chaoda Valve Industry College carries the important mission of cultivating highly skilled technical personnel and bears the significant responsibility of serving valve enterprises and promoting industrial

The signing and unveiling ceremony for the Chaoda (Lishui) Valve Industry College was held at Lishui Technician College. Leaders from the Lishui Municipal Human Resources and Social Security Bureau, the Lishui Economic Development Zone Management Committee, Chaoda Valve Group, Yongjia Vocational Education Center, and the Lishui Valve Industry Chamber of Commerce attended the event. Chaoda Valve Group, a leading enterprise in the valve industry, possesses core valve technologies and industry standards, representing a high-end manufacturing leader. Lishui Technician College is the only technician college in Lishui City, closely cooperating with over 200 enterprises, institutions, and vocational schools, boasting rich experience and fruitful results in industry-education integration and school-enterprise cooperation. In recent years, Lishui City has accelerated the construction of a modern technical education system and vigorously promoted the development of technical schools. The establishment of the “Chaoda (Lishui) Valve Industry College” is an important measure jointly promoted by the Lishui Municipal Human Resources and Social Security Bureau and the Lishui Economic Development Zone Management Committee to advance the reform of skilled personnel development, and a model of deep integration between technical education and industrial development in Lishui City. Wang Hanzhou, Chairman of Chaoda Valve Group, and He Lujun, Principal of

On February 22nd, Yongjia County held a conference on “Integrating with the River and Promoting Industrial-Urban Integration” for high-quality development and optimizing the business environment. The conference implemented the decisions and deployments of the provincial and municipal governments at the “First Meeting of the New Year,” aiming to “start strong and leap forward from the beginning,” quickly enter optimal condition, strive for a “good start,” and achieve a “victory for the whole year,” accelerating high-quality development to a new level. County Party Secretary Huang Hui and Deputy County Party Secretary and County Head Wu Chengqian presided over the meeting. Leaders of the county’s four leading bodies, including Hu Baofeng, Wang Xiaoxiong, and Huang Jinxi, attended the meeting. At the meeting, Huang Jinxi, Deputy Secretary of the County Party Committee, read out the commendation documents and announced the national and provincial honors received by Chaoda Valve Group: Awarded “2023 Zhejiang Province Domestic and Foreign Trade Integration ‘Leading Enterprise’” Awarded “2022-2023 Outstanding Contribution Enterprise for Investment in Yongjia” Awarded “2023 Yongjia County Outstanding High-tech Enterprise in Technological Innovation Capability” Awarded “2023 People’s Republic of China Customs Advanced Certified Enterprise” Awarded “2023 Zhejiang Province Science and Technology Little Giant Enterprise” Awarded “Enterprise with

On October 14th, representatives from international embassies and consulates, as well as trade and economic representatives invited by the 2023 China (Wenzhou) International Pump and Valve Exhibition, visited the Wuxing Factory, headquarters of Chaoda Group. Wang Hanzhou, Chairman of Chaoda Group, received the delegation. The delegation included representatives from various levels of organizations, including: the head of the Embassy of the People’s Democratic Republic of Algeria in China; naval attachés from the Embassy of Ecuador and Bangladesh; the military attaché from the Embassy of Namibia; a technical advisor from the Embassy of Iran; the head of exhibition and cooperation; and regional directors and presidents from various companies. During the visit, the delegation gained a deeper understanding of Chaoda Group’s development history, scale expansion, product supply chain processes, and the raw materials and processes required to manufacture high-quality valves. They also learned how Chaoda Valve Group achieves high quality and its global development strategy. The delegation first visited the Chaoda Group’s development history exhibition area, showcasing the group’s growth and achievements over the years. Subsequently, the delegation gained a deeper understanding of Chaoda Group’s scale expansion and product supply chain processes, from raw material procurement to final product delivery, learning about

When discussing leaders in the valve industry, Qiu Xiaolai is a name that cannot be overlooked. This expert, who enjoys special government allowances from the State Council and is recognized as a Zhejiang Provincial Outstanding Contribution Expert, is one of Zhejiang Province’s “151 Talents,” a Wenzhou Municipal Outstanding Scientific and Technological Talent, a recipient of the National May 1st Labor Medal, a Zhejiang Provincial Model Worker, and a National Model Worker. Qiu’s life has been inseparable from valves. As he himself said, “I’ve spent most of my life working in the valve industry.” “I came to Chaoda in 1995 from the General Machinery Research Institute of the Ministry of Machinery Industry,” Qiu said. At that time, the environment for the valve industry in Wenzhou was not ideal. Chaoda was not large in scale, but it was a dynamic company with a strong emphasis on valve technology innovation. As an engineering technician, Qiu’s arrival allowed him not only to continue his research and development of valves, but also to directly manufacture the products he developed for users. In the context of the national policy promoting the nationalization of advanced equipment at the time, this was a fortunate event for the city,

Western Cooperation, Mutual Benefit and Win-Win. From June 20th to 21st, Huang Hui, Secretary of the County Party Committee, led a delegation of county government officials and business representatives to Hongyuan County, Aba Prefecture, Sichuan Province, to carry out counterpart support work. They discussed the deep friendship between the two regions and strived to create a new situation in the new round of counterpart support work. Wang Ce, General Manager of Chaoda Valve Group, participated in the inspection and attended the meeting, and visited and extended his regards to the cadres and talents in the assisted region. Yang Wensong, Secretary of the Hongyuan County Party Committee, warmly welcomed the delegation from Yongjia County and expressed his heartfelt gratitude for Yongjia County’s long-term, dedicated assistance to Hongyuan. He said he hoped that the two regions would strengthen exchanges and cooperation in broader fields and at a deeper level in education, medical care, science and technology, culture and tourism. Hongyuan will also build the assisted projects well, manage the assisted industries well, utilize the assisted funds well, and serve the assisted talents well. A donation ceremony and a signing ceremony were held at the meeting. Yongjia County donated counterpart support funds and