SHENYANG, China, March 19, 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 two sales contracts, having an aggregate value of $2,500,000, to supply valves. According to the contracts, the Company expects to deliver these valves in the
second and third quarters of this year.
These companies are the chemical pulp project of One Paper Co., Ltd in Shandong Province and
the renewable energy utilization center project of One Comprehensive Development Co., Ltd in Shanghai.
The Company anticipates that these contracts will have a positive impact on the Company's operating results this year due to
the contract amount.
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
The statements contained herein that are not historical facts are considered "forward-looking statements." Such
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
terminology, or by discussions of strategy that involve risks and uncertainties. In particular, statements regarding the efficacy
of investment in research and development and realization of expected revenue are examples of such forward-looking statements.
The forward-looking statements include risks and uncertainties, including, but not limited to, the effect of political, economic,
and market conditions and geopolitical events; legislative and regulatory changes that affect our business; the availability of
funds and working capital; the actions and initiatives of current and potential competitors; investor sentiment; and our
reputation. We do not undertake any 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 Inquiries:
Andy Gao
0086-24-25609775
info@nfenergy.com
View original content:http://www.prnewswire.com/news-releases/nf-energy-saving-corporation-announces-new-contracts-signed-by-nf-energy-300615705.html
SOURCE NF Energy Saving Corporation