Shengkai Innovations Inc (OTC:VALV)

Tuesday, July 9, 2013 | Web News
Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. As previously disclosed,...
Thursday, May 16, 2013 | Web News
Third Quarter 2013 Financial Results Revenues in the third quarter were approximately $2.9 million as compared to approximately $5.7 million in the third...
Friday, September 21, 2012 | Web News
Fourth Quarter 2012 Results Revenues were approximately $5.3 million compared with approximately $27.3 million in the fourth quarter of fiscal year ended June...
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At least one VIE exists in the corporate structure

Shengkai Innovations is engaged in the design, manufacture and sale of ceramic valves, high-tech ceramic materials and the provision of technical consultation and related services. The Company's industrial valve products are used by companies in the electric power, petrochemical, metallurgy, and environmental protection industries as high-performance, more durable alternatives to traditional metal valves. The Company was founded in 1994 and is headquartered in Tianjin, the PRC.

The Company is one of the few ceramic valve manufacturers in the world with research and development, engineering, and production capacity for structural ceramics and is the only valve manufacturer that is able to produce large-sized ceramic valves with calibers of 6" or more. The Company's product portfolio includes a broad range of valves that are sold throughout the PRC, to North America, United Arab Emirates, and other countries in the Asia-Pacific region. The Company has over 300 customers, and is the only ceramic valve supplier qualified to supply Sinopec. The Company also became a member of the PetroChina supply network in 2006.

Last updated January 12, 2010


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