(“Taizhou Wote”).Taizhou Wote manufactures mostly mid- and small-diameter metal butterflyvalves, mid-quality valve products for use in civil water supply and drainagesystems. Located in Taizhou, Jiangsu Province, China, Taizhou Wote hasdesigned production capacity of 3,200 metric tons of valves per annum, andcurrently is operating at a 70% utilization rate.Through Tai De Valve, China Valve will pay $3.0 million in cash forTaizhou Wote, and Taizhou Wote will no longer exist after the acquisition.China Valves plans to spend an additional estimated $1.0 million to upgradeTai De Valve’s production technology and manufacturing equipment after theacquisition. The Company expects to spend four months completing the upgrade.This additional capital expenditure will increase Tai De Valve’s existingproduction capacity by 50% to 4800 metric tons of valves per annum and give itthe ability to produce higher-end valve products.With the consideration of the manufacturing capacity after the upgrade,China Valves expects its acquisition of Taizhou Wote to add approximately $7.4million in sales revenues and approximately $1.5 million in net income to theCompany during the next twelve months.”We are pleased to purchase what we believe is a well valued butterflyvalve manufacturing company. This acquisition increases our mid-end valveproduction capacity, and will allow us to use more of our pre-existingmanufacturing capacity to produce higher-end products. In addition, Tai DeValve’s products complement our product lines, and give us access to newcustomers in new markets.

Upgrading Tai De Valve’s technology and equipmentwill also increase our ability to produce a wider range of technology-advancedproducts,” commented Mr Siping Fang, Chairman and CEO of China Valves. “Thispurchase helps us maintain our leading position in the valve industry.”Further details of the terms of this transaction are available in theCompany’s 8-K, which was filed with the U.S. Securities and ExchangeCommission on April 21, 2009.About China Valves Technology, Inc.China Valves Technology, Inc. through its subsidiaries, Zhengzhou ZhengdieValve Co, Ltd., Henan Kaifeng High Pressure Valve Co., Ltd., and Tai Zhou TaiDe Valve Co., Ltd. is engaged in development, manufacture and sale ofhigh-quality metal valves for the electricity, petroleum, chemical, water, gasand metallurgy industries.

The Company has one of the best-known brand namesin China’s valve industry, and its history can be traced back to 1959 when itwas formed as a state-owned enterprise. The Company develops valve products byextensive research and development and owns a number of patents. It enjoyssignificant domestic market shares and exports to Asia and Europe. For moreinformation, visit http:// .Safe Harbor StatementsAny statements set forth above that are not historical facts areforward-looking statements that involve risks and uncertainties that couldcause actual results to differ materially from those in the forward-lookingstatements. Such factors include, but are not limited to, the Company’sability to develop and market new products, the ability to access capital forexpansion, the ability to acquire other companies, changes from anticipatedlevels of sales, changes in national or regional economic and competitiveconditions, changes in relationships with customers, changes in principalproduct profits and other factors detailed from time to time in the Company’sfilings with the United States Securities and Exchange Commission and otherregulatory authorities.

The Company undertakes no obligation to update orrevise to the public any forward-looking statements, whether as a result ofnew information, future events or otherwise. This press release was developedby China Valves, and is intended solely for informational purposes and is notto be construed as an offer or solicitation of an offer to buy or sell theCompany’s stock. This press release is based upon information available to thepublic, as well as other information from sources which management believes tobe reliable, but it is not guaranteed by China Valves to be accurate, nor doesChina Valves purport it to be complete. Opinions expressed herein are those ofmanagement as of the date of publication and are subject to change withoutnotice.For more information, please contact:China Valves Technology, Inc. Ray Chen, VP of Investor Relations Tel: +1-650-281-8375+86-13925279478 Email: Web: http:// Investor Relations Crocker Coulson, President Tel: +1-646-213-1915 Email: Web: http:// Valves Technology, Inc.Ray Chen, VP of Investor Relations of China Valves Technology, Inc.,+1-650-281-8375, +86-13925279478, ; or Crocker Coulson,President of CCG Investor Relations, +1-646-213-1915,. ST.