China Valves Technology Receives Further Purchase Orders Worth About $4 Million from the Sino-Kazakhstan Pipeline Project
China Valves Technology, Inc. (NASDAQ: CVVT), today announced that one of the Company's subsidiaries, Shanghai Pudong Hanwei Valve Co., Ltd. ("Hanwei Valve"), has received a purchase order worth about $4 million from Beijing China-Petroleum Everbright Energy Technology Co., Ltd. ("CPEEC") for the Sino-Kazakhstan oil pipeline's Phase Two project. The products ordered are mainly ball valve, axial-flow check valve and sluice gate valve, which will be used in the No. 8 and No. 10 stations.
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