The invention discloses a novel valve. The novel valve comprises a pipeline, a valve top cover, a valve block, a valve rod and a hand wheel. The valve top cover is fixedly mounted at the upper end ofthe pipeline through screws; the valve block is disposed in the pipeline; the valve rod penetrates through the valve top cover to be fixedly connected with the upper surface of the valve block in thepipeline; and the hand wheel is mounted at the outer end of the valve rod and used for rotating the valve rod. The novel valve adopts the cylindrical valve block and is provided with a through groove;a sleeve ring of which the section is in an shape of Chinese character 'au' cooperates with a dividing plate so as to divide liquid or air flowing into the pipeline into two parts or combine the liquid or air flowing into the pipeline; by means of cooperation of two water pipes at an end port of the pipeline, the design of the valve with one inlet and two outlets or with double inlets and one outlet is achieved, the flowing direction of the air or liquid in the pipeline is not fixed and singular, and the inlet end of the valve can be selected according to demands; and besides, a second clamping block which is matched with the end of a first clamping block is disposed in a valve bottom cover, the first clamping block can rotate by 90 degrees in the valve bottom cover, and thus full openingof the valve is achieved.