- CEO
- Xiaolan Kuang
- Full Time Employees
- 1,041
- Sector
- Producer manufacturing
- Industry
- Industrial machinery
- Address
- No. 501, Zhujiang Road Suzhou JS China 215129
- IPO Date
- Jul 10, 1997
- Business
- SUFA Technology Industry Co., Ltd., CNNC (000777.SZ) engages primarily in the research, development, production, sales, and service of industrial valves in China and internationally. The company offers a comprehensive range of products, including gate valves, globe valves, check valves, ball valves, butterfly valves, regulating valves, diaphragm valves, nuclear secondary electric stop valves, shut-off valves, and utility valves under the H and SUFA brands; it also provides drive devices, pipeline accessories, electronic products, instrumentation products, forging and forging parts, flanged pipe fittings, hardware and machinery accessories, and other mechanical products, along with inspection and testing services, technical consultation, technology transfer, and valve maintenance services. These valve system solutions serve industries such as petroleum and natural gas, oil refining, nuclear power, electric power, metallurgy, chemical engineering, coal chemical, shipbuilding, papermaking, medicine, liquefied natural gas, and public engineering.
Founded in 1952 and headquartered in Suzhou, Jiangsu Province, China, the company operates as a subsidiary of China National Nuclear Corporation (CNNC) and was listed on the Shenzhen Stock Exchange in 1997 as the first listed valve company in China. It maintains a global presence with products distributed domestically and exported to markets including Saudi Arabia, Spain, the United Kingdom, and others.
In recent developments, SUFA Technology signed a letter of intent to acquire a 71.97% stake in CNNC Xi'an Nuclear Instrument Co., Ltd. from China National Nuclear Corporation and proposed issuing shares to purchase approximately 356 million shares of Xi'an CNNC Nuclear Instruments from five shareholders as part of a broader asset acquisition and fundraising plan, with trading suspension lifted in January 2025 pending approvals. The company actively expands overseas markets, including participation at OPES in Oman in 2024 to broaden its global network.