abc 23 July 2026 First Read Neway Valve (Suzhou) CEO call takeaway: order outlook intact; LNG, FPSO, actuator to drive margin-accretive growth Cautiously positive tones on new orders (+) and GPM outlook (+/-) Post our preview, we hosted the CEO and board secretary for an operations update call today. Neway maintained its 20% full-year order growth target, implying >Rmb10bn of new orders, with c48% completed in H1. Although H1 orders declined YoY on a high base, domestic orders grew over 40% YoY, led by ship ...