Neway Valve pivots toward AI-driven lifecycle management

The company is recalibrating its strategy to address the global energy transition, balancing the ongoing needs of oil and gas clients with investments in renewable energy infrastructure. By integrating actuators, sensors, and remote monitoring software, Neway is moving away from reactive maintenance models. These smart assets allow operators to detect potential failures before they occur, effectively shifting the valve’s role from passive hardware to a connected component of digital infrastructure.

Scaling global operations and supply chain resilience

Expansion remains a core pillar of Feng’s long-term vision. While Neway’s manufacturing roots remain in China, the company is diversifying its geographic footprint with a new facility in Saudi Arabia and existing operations in Vietnam. This expansion is supported by a network of over 500 suppliers, a group Feng treats as strategic partners rather than mere vendors. He prioritizes long-term relationships over short-term cost savings, arguing that a robust supply chain is as essential as internal technical R&D. By fostering collaboration with firms like Biffi, Neway aims to leverage external expertise to accelerate its transition toward automation and digitalization, ensuring the firm remains competitive for the next century.