A specialist in industrial valves for the oil, gas, and related industries, ZHEJIANG LIANGYI VALVE CO.,LTD (LYV) has closed a Series A funding round, raising $40.0M. The investment marks a significant financial milestone for the Chinese manufacturer, which supplies a diverse portfolio of flow control products globally.
Established in 2001, LYV produces valves like Ball, Gate, and Globe types, adhering to international standards such as API and ANSI. The company, which operates a modern 14,000 square meter facility in Lishui City, emphasizes product quality and offers an 18-month guarantee on its offerings.
