Last $0.96 USD
Change Today 0.00 / 0.00%
Volume 0.0
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china valves technology inc (CVVT) Snapshot

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52 Week High
09/18/13 - $1.42
52 Week Low
04/23/13 - $0.40
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china valves technology inc (CVVT) Details

China Valves Technology, Inc., through its subsidiaries, engages in the development, manufacture, and sale of metal valves for the electricity, petroleum, chemical, water, gas, and metal industries in the People’s Republic of China. It offers valves, actuators, forging and castings, valve locks, and related services to infrastructure industries, including nuclear power, fossil power, hydropower, oil and gas, chemical and petrochemical, water treatment, and mining and metal, as well as general industrial markets. The company also provides gate, globe, check, control, insulation, plunger, butterfly, ball, semi-ball, blowtorch, water pressure test, safety, and vent values. China Valves Technology, Inc. distributes its products through regional agents and distributors. It has a strategic cooperation agreement with China Dongfang Electric Corporation for the development of new products and product extensions. The company was founded in 2007 and is headquartered in Zhengzhou, the People’s Republic of China.

2,000 Employees
Last Reported Date: 05/10/12
Founded in 2007

china valves technology inc (CVVT) Top Compensated Officers

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china valves technology inc (CVVT) Key Developments

China Valves Technology, Inc. Announces Executive Changes

On June 27, 2013, the Board of Directors of China Valves Technology, Inc. accepted Mr. Gang Wei's resignation as the company's Chief Financial Officer. In connection with the resignation of Mr. Wei, the Board appointed Mr. Renrui Tang as the Chief Financial Officer. Since December 2010, Mr. Renrui Tang worked as the company's Financial Controller. On June 27, 2013, the Board also appointed Mr. Kaixiang Du as the Chief Executive Officer. Since January 2013, Mr. Du served as the company's General Manager and the director of the company's National Authorized Technology Center. From January 2008 to December 2010, he served as the General Manager of the company's subsidiary Henan Kaifeng High Pressure Valve Co. Ltd.

China Valves Technology, Inc. Announces Auditor Changes

On May 30, 2013, the Audit Committee of China Valves Technology, Inc. engaged Friedman LLP as the company’s independent registered public accounting firm. The company previously announced the resignation of BDO China Shu Lun Pan CPAS LLP as the company's independent registered public accounting firm.

China Valves Technology, Inc. Announces Resignation of Jianbao Wang as Chief Executive Officer

On February 21, 2013 Mr. Jianbao Wang informed the Board of Directors of China Valves Technology, Inc. that he resigned as the company’s Chief Executive Officer effective immediately. Mr. Wang’s resignation is not in connection with any known disagreement with the company on any matter.


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