Sou Hu Cai Jing·2026-01-15 04:53Group 1 - The core point of the article is that China Petroleum & Chemical Corporation (Sinopec) has awarded a procurement contract for a high-pressure forged steel valve to Zhonghe Suval Technology Industrial Co., Ltd. for its industrial demonstration unit in Hainan [1][2] - The procurement announcement was published on January 12, 2026, by Sinopec's Material and Equipment Department (International Business Company) [2] - Zhonghe Suval Technology has participated in 23,676 bidding projects and has made investments in 15 companies, indicating its active role in the industry [1] Group 2 - The procurement contract is part of a project involving the direct steam cracking of crude oil to produce ethylene, highlighting the company's focus on advanced petrochemical processes [1] - Zhonghe Suval Technology holds 37 trademark registrations, 580 patents, and 6 copyrights, showcasing its strong intellectual property portfolio [1] - The company has obtained 42 administrative licenses, reflecting its compliance and operational capabilities within the industry [1]