dates back to New Wave Group was established in 1997 in Suzhou Neway Machinery Co., Ltd., then after 15 years of hard work Newey remarkable development , the current New Wave Group has been involved in the industrial chain of industrial valves, oilfield equipment, pipe fittings, metal materials, hardware trade, machine tool and other industries. Through advanced SAP system management, Chinese New Wave Group to implement multi-plant, multi-division, multi-industry management structure.

New Wave Group is currently invested in China, including a total of nine Neway Valve, including wholly owned or joint ventures , more than 2300 employees; overseas investment to set up a U.S. Newey other six owned or joint venture, more than 100 employees. Group is headquartered in Suzhou, China.

New Wave Group is innovation-oriented enterprise groups, the implementation of global marketing, R & D, manufacturing, human resources strategic management. Group set up the valve and machine tools in China 2 National Research and Development Center, a total of about 200 R & D personnel; valve test and research center in which the Group is China's valve industry is the most advanced laboratories. Institute of Machine Tool Group, more than experts who enjoy special government incentives of senior personnel.

Newey future development of the Group will continue to Suzhou, China as the most important R & D and manufacturing base. Newey's vision is to become China's machinery industry and the world of a great leader.