FANGZHENG VALVE GROUP

What FANGZHENG VALVE GROUP does

FANGZHENG VALVE GROUP (方正阀门集团股份有限公司) is a Chinese industrial valve manufacturer founded in 1992 and headquartered in Wenzhou, operating through three wholly-owned subsidiaries with three manufacturing bases in Wenzhou and Shanghai. The company designs and manufactures a comprehensive portfolio of industrial valves — ball valves, gate valves, check valves, globe valves, butterfly valves, ultra-low temperature (cryogenic) valves, small forged steel valves, filters, and API 6A wellhead equipment including Christmas trees and choke-and-kill manifolds — spanning nominal diameters from NPS 1/2" to 68" and pressure ratings from CLASS 150 to CLASS 2,500, with operating temperatures from -196°C to 550°C. Proprietary technology is concentrated in ultra-low temperature valves for LNG applications, wellhead oil and gas extraction equipment, micro-leakage valve designs, and high-temperature/high-pressure/corrosion-resistant constructions.

The company sells through direct enterprise field sales to oil and gas, petrochemical, power generation, and new energy customers. Domestically, it is a key supply network member for CNPC, Sinopec, and CNOOC, with sales offices in Beijing and Shanghai supporting key account management. Internationally, the company has obtained approved supplier qualifications from seven global oil majors — Shell, Chevron, BP, ADNOC, PDO, and PETRONAS — and exports to more than 50 countries. Its revenue model is based on custom-engineered one-time equipment sales, with pricing determined by specifications, materials, and order volume through direct negotiations; an after-sales service capability with 48-hour technical response supports installed base retention.

FANGZHENG VALVE GROUP has accumulated an extensive regulatory and certification footprint: ISO 9001/14001/45001, API 6D/600/602/609/Q1/6A, ATEX, CE/PED, ISO 15848 FE Class A, TS, and approvals from all four major ship classification societies. It has also received National Specialized and Innovative "Little Giant" Enterprise, National High-Tech Enterprise, National Green Factory, National Postdoctoral Research Workstation, and National IP Advantage Enterprise designations from Chinese authorities. The company listed on China's NEEQ (Beijing Stock Exchange) under stock code 920082 in 2024.

Name

FANGZHENG VALVE GROUP

Legal name

方正阀门集团股份有限公司

Website

https://fzvgroup.com

Company type

Public

Founded year

1992

Operating status

Operating

Short description

FANGZHENG VALVE GROUP is a Chinese industrial valve manufacturer producing ball, gate, check, butterfly, and cryogenic valves for oil and gas, petrochemical, power, and new energy applications. It serves CNPC, Sinopec, CNOOC, Shell, Chevron, and BP.

Ownership category

akta.pro rank

Product category

Industrial Valves

NAICS

Industrial Valve Manufacturing (332911), Metal Valve Manufacturing (33291), Other Metal Valve and Pipe Fitting Manufacturing (332919)

SIC

Oil & Gas Field Machinery & Equipment (3533), Gaskets, Packg & Sealg Devices & Rubber & Plastics Hose (3050)

akta.pro primary industry

Valves & Cartridge Valves (Directional, Pressure, Flow Control) (IMAHAGAE)

akta.pro secondary industry

Seals, Valves & Auxiliary Components (for Pumps/Compressors) (IMAHANAH)

Keywords

• Industrial valve manufacturing
• Cryogenic valve solutions
• Oil and gas wellhead equipment
• API certified valves
• Petrochemical fluid control

Headquarters

HQ city

Wenzhou

HQ country

China

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Industrial valve manufacturing and sales: The company designs, manufactures, and sells industrial valves including ball valves, gate valves, check valves, butterfly valves, cryogenic valves, and small forged steel valves. Products serve oil and gas extraction, pipeline transmission, offshore platforms, LNG facilities, refining, petrochemical, power generation, and new energy sectors. Revenue is generated through direct sales to major domestic and international oil and gas companies, power plants, and industrial clients.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels2 records

Core offering

FANGZHENG VALVE GROUP designs, manufactures, and sells a comprehensive range of industrial valves for fluid control, including ball, gate, check, globe, butterfly, ultra-low temperature (cryogenic), and small forged steel valves, plus filters, API 6A wellhead valves, Christmas trees, and choke and kill manifolds. Products cover nominal diameters from NPS 1/2" to 68" and pressure ratings from Class 150 to Class 2500, operating from -196°C to 550°C. The portfolio targets oil and gas extraction, pipeline transmission, offshore platforms, LNG facilities, refining, petrochemical, power generation, and new energy sectors.

Product overview

FANGZHENG VALVE GROUP is a specialized industrial valve manufacturer offering a comprehensive portfolio of valve products and solutions. The core product lineup includes ball valves, gate valves, check valves, globe valves, butterfly valves, ultra-low temperature valves, small forged steel valves, and filters. The company also manufactures API 6A valves, wellhead equipment, choke and kill manifolds, and Christmas tree assemblies for oil and gas applications. Products are designed for nominal diameters from NPS 1/2" to 68" and pressure ratings from CLASS 150 to CLASS 2,500, with operating temperatures ranging from -196°C to 550°C. The company serves industries including oil and gas extraction, pipeline transmission, offshore platforms, LNG facilities, refining, petrochemical, power generation, and renewable energy sectors. An after-sales service team provides technical support, training, and on-site maintenance.

Differentiator

Problem solved

Functional benefit

Products and services

• Ball Valves (球阀) A complete line of industrial ball valves in one-piece, top-entry, fully welded, side-mounted fixed, side-mounted floating, DBB (double block and bleed), and hard seal variants, used in oil, gas, and chemical fluid control applications.
• Gate Valves (闸阀) Industrial gate valves in single plate, double plate, wedge, pressure seal flat gate, and pressure seal wedge gate configurations for isolation service across industrial applications.
• Check Valves (止回阀) Industrial check valves in dual disc, swing, pressure seal swing, and axial flow configurations designed to prevent backflow in fluid piping systems.
• Globe Valves (截止阀) Industrial globe valves in throttling, standard, pressure seal, and Y-type pressure seal variants for flow regulation and isolation service.
• Butterfly Valves (蝶阀) Industrial butterfly valves in triple offset metal seal, triple offset full metal seal, double offset metal seal, and center line configurations.
• Ultra-low Temperature (Cryogenic) Valves (超低温阀) Cryogenic valves for LNG, LPG, and air separation applications, including top-entry ball, butterfly, globe, ball, and gate variants, operating down to -196°C with proprietary low-leakage and drip-tray designs.
• Small Forged Steel Valves (小锻钢阀) Compact forged steel valves in wedge gate, piston check, and globe configurations for high-pressure industrial service.
• Industrial Filters (过滤器) Y-type strainers and basket strainers used to protect downstream equipment in industrial fluid systems.
• API 6A Valves (6A阀门) API 6A specification valves rated 2,000 to 15,000 PSI for oil and gas wellhead and high-pressure production service.
• Wellhead Equipment and Christmas Trees (井口设备 / 采油气树) Wellhead Christmas tree assemblies and related wellhead equipment for oil and gas production wellhead control, positioned as an industry-leading capability.
• Choke and Kill Manifolds (节流压井管汇) Choke and kill manifold systems used for well control during oil and gas drilling operations.
• Hard Seal Ball Valve (硬密封球阀) Hard-sealed ball valve (model Q3/647Y) with ultrasonic-sprayed seal coating and fire-resistant structure, sized NPS 1/2" to 48" and rated Class 150-2500 for demanding service.
• Double Block and Bleed (DBB) Ball Valve (DBB球阀) Double block and bleed ball valve, NPS 1/2" to 24", operating -196°C to 200°C, providing compact isolation and blowdown functionality.
• After-sales Service and Technical Support (售后服务) Technical support service providing 48-hour response, engineering consultation, customer training, regular maintenance, and on-site repair for installed valve products.

Quantifiable outcome

• 48-hour technical response capability for after-sales service
• +2 more outcomes

Named customers9 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature10 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• CNPC (China National Petroleum Corporation)coreOthersFANGZHENG VALVE GROUP is a key supply network member of CNPC, providing industrial valves for oil and gas extraction, pipeline transmission, and related applications. This is one of three major Chinese national oil companies and represents the company's most significant domestic customer relationship.
• Sinopec (China Petroleum & Chemical Corporation)coreOthersFANGZHENG VALVE GROUP is a key supply network member of Sinopec, providing industrial valves primarily for refining, petrochemical, and chemical applications. This is one of three major Chinese national oil companies.
• CNOOC (China National Offshore Oil Corporation)coreOthersFANGZHENG VALVE GROUP is a key supply network member of CNOOC, providing industrial valves for offshore oil and gas platform applications, FPSO/FLNG/FSRU units, and related marine operations.
• Shell (Royal Dutch Shell)coreOthersFANGZHENG VALVE GROUP has obtained Shell's qualification as an approved valve supplier for global oil and gas operations. This is one of the most stringent qualification processes in the industry, serving as a major credential for international expansion.
• ChevroncoreOthersFANGZHENG VALVE GROUP has obtained Chevron's qualification as an approved valve supplier, enabling the company to supply valves for Chevron's global oil and gas projects.
• BP (British Petroleum)coreOthersFANGZHENG VALVE GROUP has obtained BP's qualification as an approved valve supplier for global oil and gas operations.
• ADNOC (Abu Dhabi National Oil Company)coreOthersFANGZHENG VALVE GROUP has obtained ADNOC's qualification as an approved valve supplier for oil and gas operations in the Middle East region.
• PDO (Petroleum Development Oman)coreOthersFANGZHENG VALVE GROUP has obtained PDO's qualification as an approved valve supplier, enabling participation in Oman's oil and gas sector projects.
• PETRONAS (Petroliam Nasional Berhad)coreOthersFANGZHENG VALVE GROUP has obtained PETRONAS's qualification as an approved valve supplier, enabling supply to Malaysia's national oil company and regional Southeast Asian oil and gas projects.
• Well-known domestic design institutesminorStrategic or Co-development PartnerThe company has obtained recognition from well-known domestic design institutes in China, which influences specification and procurement decisions for industrial valve projects.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Crane Co. Crane Co. is a US diversified industrial manufacturer whose Crane ChemPharma & Energy segment produces severe-service valves for oil & gas, chemical, and power applications. It competes with Fangzheng on engineered industrial valves as part of a broader diversified industrial portfolio.
• Pentair plc: Pentair provides flow and filtration solutions including industrial valves for water, oil & gas, and chemical markets. Its commercial/industrial valve line overlaps with Fangzheng's process valve business, though Pentair is more concentrated in water and filtration with a broader global footprint.
• Flowserve Corporation: Flowserve is a US-headquartered global leader in pumps, valves, seals, and flow-control automation for oil & gas, power, chemical, and water markets. It competes broadly with Fangzheng on industrial and severe-service valves but operates a much larger installed base and broader product portfolio.
• KSB SE & Co. KGaA: KSB is a Germany-based global manufacturer of pumps, valves, and related systems for industrial, water, and energy markets. It competes with Fangzheng on industrial valves (particularly for power and chemical applications) and brings a much larger European and global installed base.
• Emerson Electric (Fisher Controls): Emerson's Fisher valve business is one of the largest industrial control valve franchises globally, serving oil & gas, refining, chemical, and power markets. It competes with Fangzheng on process valves, but its offering is part of a much larger automation portfolio and is concentrated in control rather than isolation valves.
• Schlumberger (Cameron): Schlumberger's Cameron division is a global leader in wellhead equipment, Christmas trees, valves, and surface pressure-control systems for upstream oil & gas. It directly overlaps with Fangzheng's API 6A and wellhead product lines but operates a much larger service network and integrated subsea/onshore portfolio.
• CIRCOR International: CIRCOR manufactures engineered valves, pumps, and flow-control products for oil & gas, power, and industrial markets. Its severe-service and subsea valve portfolios overlap with Fangzheng's higher-end offerings, though CIRCOR operates a broader and more fragmented product set across multiple acquisitions.

Direct peers

• Suzhou Neway Valve: Suzhou Neway Valve is the largest China-based industrial valve manufacturer, producing ball, gate, check, globe, and butterfly valves for oil & gas, petrochemical, and power applications. It is the closest direct Chinese competitor to Fangzheng, serving the same NOC and IOC customer base with a comparable product range.
• KITZ Corporation: KITZ is a Japan-based industrial valve manufacturer with a comprehensive product line spanning ball, gate, globe, check, butterfly, and specialty valves for oil & gas, chemical, and building services. Its Asian manufacturing base and broad product portfolio make it a direct comparable to Fangzheng in both product range and target markets.
• Velan Inc. Velan is a Canada-headquartered manufacturer of industrial valves for severe-service applications in oil & gas, power, and chemical markets. It has a comparable product portfolio (ball, gate, globe, check, cryogenic valves) and similar focus on engineered, specification-driven severe-service niches that overlap directly with Fangzheng's positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/fzv

Compliance21 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about FANGZHENG VALVE GROUP