The invention discloses a novel multifunctional four-way 
reversing valve. The novel multifunctional four-way 
reversing valve comprises a 
valve seat and a valve element, wherein the 
valve seat comprises four fluid connecting ports, the four fluid connecting ports are horizontally connected with the 
valve seat and communicate with the interior of a valve body, the four fluid connecting ports comprise a 
supply side inlet, a 
supply side outlet, a load side inlet and a load side outlet, the 
supply side inlet and the supply side outlet are used for being connected with a main supply side 
system, andthe load side inlet and the load side outlet are used for being connected with a user side 
system; and the valve element is assembled in an inner cavity of the valve seat in a sealed and rotating mode, four channels are formed in the valve element, and when the valve element rotates relative to the valve seat, reversing, blocking and 0-100% flow adjusting functions of the valve are achieved through the valve element and the four fluid connecting ports. The novel multifunctional four-way 
reversing valve can have the functions of flowing reversing, blocking and controlling or flow adjusting offluids such as gas and liquid in a pipeline, the four-way valve can be conveniently installed on a connecting 
pipe in a 
system, the design and manufacturing cost is reduced, and the energy consumptionof the system is also reduced.