NF Energy Signed a Contract with Water Diversion Works to Deliver Valve Equipment
SHENYANG, China, June 3, 2014 /PRNewswire/ -- NF Energy Saving Corporation (NASDAQ: NFEC) ("NF Energy" or the "Company"), a leading energy saving services and solutions provider for China's power, petrochemical, coal, metallurgy, construction, and municipal infrastructure development industries, today announced that in March 2014, the Company signed two contracts with the Water Diversion Project for the buyer's water transferring infrastructure systems among provinces in northern China.
According to the contracts, the Company is to supply the client with $15 million of butterfly valve flow control equipment. Speaking on behalf of the company, the orders will be delivered between July, 2014 and March, 2015. Mr. Gang Li, Chairman, said, "Aiming to improve the water supply for industrial and residential needs in cities and rural communities of the target regions, the Water Diversion Project is a major water works project under national planning, strategically important to regional economic development and the betterment of people's life in northern China."
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.
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