China Top 10 Universal Valve Potential Enterprises

July 31, 2024

Universal Valve, a leading manufacturer of industrial valves, faces a critical situation as a major supplier abruptly shuts down due to bankruptcy. This sudden disruption in the supply chain threatens Universal Valve's production capacity, customer orders, and profitability. The company must swiftly find alternative suppliers or face severe consequences in the highly competitive valve industry.

PetroChina
China National Offshore Oil Corporation (CNOOC)
China Mobile Communications Corporation
Industrial and Commercial Bank of China (ICBC)
Agricultural Bank of China Limited (ABC)
Bank of China Limited (BOC)
Chongqing Xingjida Import and Export Trade Co., Ltd.
China Life Insurance Company Limited
Sinopec Group
State Grid Corporation of China
China Construction Bank Corporation (CCB)

PetroChina

Establishment time : PetroChina was established on November 5, 1999.

website : www.petrochina.com.cn

Main Product : PetroChina's main products include oil and gas exploration, production, refining, and marketing.

Company Profile

PetroChina is a state-owned enterprise and is one of the major players in the Chinese energy sector.

China National Offshore Oil Corporation (CNOOC)

Establishment time : August 20, 1982.

website : www.cnooc.com.cn

Main Product : Exploration, development, production, and sale of oil and natural gas.

Company Profile

China National Offshore Oil Corporation (CNOOC) is a state-owned oil and gas company headquartered in Beijing, China. Established in 1982, CNOOC is one of the largest national oil companies in China. The company is primarily engaged in the exploration, development, production, and sale of oil and natural gas. It operates both in domestic and international markets, competing with other major oil and gas companies globally. For more information, please visit their official website at www.cnooc.com.cn.

China Mobile Communications Corporation

Establishment time : September 3, 1997

website : www.chinamobileltd.com

Main Product : Mobile telecommunications services, wireless internet services, fixed-line telecommunications services, digital services, and related products.

Company Profile

China Mobile Communications Corporation, commonly known as China Mobile, is a state-owned telecommunications company headquartered in Beijing, China. It is the largest mobile network operator in the world in terms of subscribers and market capitalization. China Mobile offers a wide range of telecommunications services, including mobile voice and data services, wireless internet services, fixed-line services, and various digital products. The company's extensive network coverage and customer base make it a key player in the Chinese telecommunications industry.

Industrial and Commercial Bank of China (ICBC)

Establishment time : January 1, 1984

website : www.icbc.com.cn

Main Product : Retail banking, corporate banking, asset management, insurance, investment banking, and more.

Company Profile

Industrial and Commercial Bank of China (ICBC) is a state-owned commercial bank headquartered in Beijing, China. It was established on January 1, 1984, and has since grown to become the largest bank in the world by total assets. ICBC offers a wide range of financial services, including retail banking, corporate banking, asset management, insurance, and investment banking. With a strong presence in China and a global network, ICBC serves customers domestically and internationally. The bank faces competition from other major Chinese banks and international players in the industry. For more information, visit the company's official website at www.icbc.com.cn.

Agricultural Bank of China Limited (ABC)

Establishment time : January 1979.

website : http://www.abchina.com/

Main Product : Banking and financial services, including loans, deposits, wealth management, insurance, and agricultural financial services.

Company Profile

Agricultural Bank of China is one of the "Big Four" state-owned commercial banks in China. It was established as a specialized bank to support the country's agricultural sector but has since expanded its services to cater to a wide range of customers. With a vast network of branches and ATMs across China, the bank provides various financial services to individuals, businesses, and agricultural enterprises. Agricultural Bank of China plays a crucial role in promoting rural development and supporting the overall growth of the Chinese economy.

Bank of China Limited (BOC)

Establishment time : February 5, 1912.

website : https://www.boc.cn/en/

Main Product : Commercial banking, investment banking, asset management, insurance, and other financial services.

Company Profile

Bank of China Limited (BOC) is one of the four major state-owned commercial banks in China. It was established in 1912 and has since grown into a global financial institution. BOC offers a wide range of financial services to individuals, corporations, and government entities. With its extensive network of branches and subsidiaries, BOC serves customers in China and around the world. The bank has a strong focus on innovation and technology, aiming to provide efficient and convenient banking solutions to its customers.

Chongqing Xingjida Import and Export Trade Co., Ltd.

Establishment time : 2023

website : www.xjdvalve.com

Main Product : Valve Stem,Pressure Reducing Valve,Mixer Valve,Pressure Regulator Valve,Control Valve,Industrial Valves

Company Profile

Chongqing Xingjida Import and Export Trade Co., Ltd. is a valve manufacturer integrating production, research and development, sales and service. The company has a high-quality modern scientific and technological team, through scientific management, advanced production technology, and perfect Testing equipment to ensure the high quality and stability of the company's products. The company also provides customers with higher value-added fluid control comprehensive solutions by deepening services, taking technology as the guide, and assisting technology and production.

The company's main products are cast steel, stainless steel and cast iron: butterfly valves, gate valves, globe valves, check valves, ball valves and knife gate valves, plug valves, safety valves, exhaust valves, pressure relief valves, plunger valves, etc., suitable for petroleum, Chemical, pharmaceutical, coal, metallurgy, municipal, water supply and drainage industries.

The company has a strong technical force, and has formed a technical consortium with relevant scientific research institutes to engage in the development and research of valves. The company has a reliable quality assurance system and excellent casting and machining equipment. The products adopt investment casting, assembly line production and advanced machining technology. In order to ensure the quality of production, the company has perfect chemical analysis, mechanical properties and pressure testing. and other equipment, as well as advanced measuring and testing instruments. From incoming raw materials to finished products, all have undergone careful testing and testing, and strict quality control has been implemented to ensure the reliability and stability of product quality. As a result, the product has the advantages of reasonable structure, good sealing performance, strong corrosion resistance, small flow resistance, fast opening and closing, long service life, convenient maintenance and easy realization of self-control.

The company has been adhering to the business philosophy of "integrity in the world, quality as gold" and the principle of "customer first" to provide customers with high-quality services.

While vigorously developing the domestic market, Xingjida actively explores overseas markets and conducts in-depth technical exchanges and cooperation with countries around the world.

At present, the International Business Department has sold its products to more than 150 regions in the world. At the same time, it actively participates in overseas valve industry exhibitions, fully understands the overseas market situation and the advanced technology exchange of valves. At present, Xingjida valves have been exported to Europe, Africa, Indonesia, the Middle East, Southeast Asia and other countries, and have shown their edge in the international market.

In the future, Xingjida will continue to increase technological innovation and move towards a larger international stage.

China Life Insurance Company Limited

Establishment time : China Life Insurance Company Limited was established on June 30, 2003.

website : http://www.e-chinalife.com/.

Main Product : China Life Insurance offers a range of insurance products, including life insurance, health insurance, accident insurance, and annuity insurance.

Company Profile

China Life Insurance Company Limited is a state-owned insurance company headquartered in Beijing, China. It is listed on the Hong Kong Stock Exchange and the Shanghai Stock Exchange.

Sinopec Group

Establishment time : Sinopec Group's 2000

website : www.sinopecgroup.com

Main Product : Petroleum, petrochemicals, natural gas, and related products

Company Profile

Sinopec Group is a state-owned energy company headquartered in Beijing, China. Established in 2000, it is one of the largest oil and gas companies globally. Sinopec engages in the exploration, production, refining, and distribution of petroleum, petrochemicals, natural gas, and related products. The company operates in both domestic and international markets, serving as a major energy supplier in China and competing with other global industry players. For more information, visit their official website at www.sinopecgroup.com.

State Grid Corporation of China

Establishment time : December 29, 2002.

website : www.sgcc.com.cn

Main Product : Electricity generation, transmission, and distribution services.

Company Profile

State Grid Corporation of China is a state-owned utility company responsible for the operation and management of the national power grid in China. It is the largest utility company in the world and plays a crucial role in ensuring the reliable supply of electricity to the Chinese population. With its extensive transmission and distribution network, the company serves both urban and rural areas, contributing significantly to China's economic development and social progress.

China Construction Bank Corporation (CCB)

Establishment time : China Construction Bank Corporation (CCB) was established on October 1, 1954.

website : www.ccb.com

Main Product : CCB's main products include commercial banking, investment banking, asset management, and financial services.

Company Profile

China Construction Bank Corporation is a state-owned bank headquartered in Beijing, China. It provides a wide range of financial services to individual and corporate customers, both domestically and internationally.

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