SHENYANG, China, June 27, 2017 /PRNewswire/ -- NF Energy Saving
Corporation (NFEC) ("NF Energy" or the Company), a leading energy saving service solutions provider for China's power, petrochemical, coal, metallurgy, construction and municipal infrastructure development
industries, announced that it recently signed a $600,000 sales contract with three companies to
supply valves. According to the contract, the Company expects to deliver this equipment in the fourth quarter in 2017.
The three companies are China Nuclear Qiqihar Environmental Protection Technology Co. Ltd.,
for the first phase of an oxidation pond deep processing project; Chongqing Water Turbine Co., Ltd., for the Huangshan Dragon hydropower station
renovation project in Vietnam; and Chongqing New Century Electrical Co. Ltd., for the NHESANJEN hydropower station renovation project in Nepal.
In order to attempt to achieve growth of the Company's business, the Company actively excavates the potential of the valve
market, on the one hand, the Company plans to attract customers through manufacturing its advanced products, including smart flow
control device, on the other hand, it is important to focus on overseas markets, especially the
countries surrounding China, such as the two new orders from
Chongqing , although the contract parties come from the
domestic enterprises, the projects are located in neighboring countries.
About NF Energy Saving Corporation
NF Energy Saving Corporation (NASDAQ: NFEC) is a China-based provider of integrated energy
conservation solutions utilizing energy-saving equipment, technical services and energy management re-engineering project
operations to provide energy saving services to clients. The Company's customers are mainly concentrated in the electrical
generation (large-scale thermal power generation, hydroelectric power, and nuclear power), water supply, and heat supply
industries. The majority of revenues are from energy efficient flow control solutions including equipment and energy efficiency
project services. For more information, visit http://www.nfenergy.com.
Safe Harbor Statement
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forward-looking statements may be identified by, among other things, the use of forward-looking terminology such as "believes,"
"expects," "may," "will," "should," or "anticipates" or the negative thereof or other variations thereon or comparable
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responsibility to publicly release any revisions to these forward-looking statements to take into account events or circumstances
that occur after the date of this report. Additionally, we do not undertake any responsibility to update you on the occurrence of
any unanticipated events, which may cause actual results to differ from those expressed or implied by any forward-looking
statements. The factors discussed herein are expressed from time to time in our filings with the Securities and Exchange
Commission available at http://www.sec.gov .
For more information contact:
Andy Gao
+86-24-2560-9775
info@nfenergy.com
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SOURCE NF Energy Saving Corporation