The valve is a control component in the fluid delivery system, with functions of cut-off, regulation, diversion, prevention of backflow, voltage regulation, and shunting. It can be used to control the flow of various types of fluids such as air, water, steam, and various corrosive media. With the large-scale application of new material technology, advanced manufacturing technology, intelligent technology and network technology, valve products are continuously developing in the direction of complete set, high parameterization and intelligence, and the manufacturing mode will be transformed into service-oriented manufacturing.

Looking at the development status of China's valve market, China's valve started late, from the technical level and market size, there is still a big gap with foreign countries. After decades of development, we have continuously introduced advanced technologies and processing equipment such as design and technology of similar foreign products. Today, more than a thousand valve companies with considerable scale have emerged in China's valve market.

Taking the low temperature valve as an example, the conventional low temperature valve enterprises are mainly Shanghai Nafuxi Valve Co., Ltd., Sichuan Chengdu Empty Distribution Valve Co., Ltd., China Nuclear Su Valve Technology Industrial Co., Ltd. and Suzhou Newway Valve Co., Ltd., etc. There are Beijing Aerospace Petrochemical Technology Equipment Engineering Co., Ltd., etc. The low temperature safety valves produced by these enterprises are also used in foreign LNG projects.

As a core component of chemical machinery and equipment, pump valves are of great importance to the development of the country's industrial modernization. Taking the pump valve as an example, the Yongjia valve industry, which is known as the hometown of China's pump and valve, attaches great importance to innovation and development in technology research and development, industrial informationization and technology standardization. It is true that the pump and valve industry cluster represented by Yongjia Valve Industry is indispensable for promoting the valve industry.

Despite the favorable factors in the development of the valve, the market results are obvious to all. However, most enterprises are small in scale, and the phenomenon of homogenization competition is severe. The industry lacks large-scale world-class valve manufacturers.

With the rapid development of the national economy, the promotion and application of industrial automation, the matching amount of valve electric devices is increasing day by day, and the country has also proposed the process of localization. Today, all countries are actively occupying the commanding heights of a new round of development. The integration of the Internet and traditional industries is an opportunity and a commanding point for enterprises in the industry to seize. Valve companies must seize this historical opportunity to realize the transformation of China's valve manufacturing industry from a large producing country to a strong producing country. It is another development strategy for valve companies that manufacturing and sales are moving in the direction of intelligence.

Forward-looking network related reports show that companies can promote brand development from the transition from export to domestic sales, from OEM to independent brands, from low-end to high-end, and from manufacturing to service. I believe that brand positioning, channel positioning, market positioning, and efforts in product development, to achieve differentiation strategies, can help a valve company to avoid homogenization of product production, achieve differentiated strategies, and create a brand new competitive advantage.