NF Energy Saving Corporation Announces on New Contracts Signed

Nov 17, 2015, 09:00 ET from NF Energy Saving Corporation

SHENYANG, China, Nov. 17, 2015 /PRNewswire/ -- NF Energy Saving Corporation (NASDAQ:  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 today on the new contracts signed.

The Company is ready to complete its final delivery between November and December as planned for the previously announced $15 million order from the LXB Water Supply Project, the largest single one in value the Company has received in recent years, as reported in NF Energy's news release on June 5, 2014 and May 27, 2015, respectively. Thanks to the quality of its products and reputable customer service, NF Energy received several new orders, despite the current slowing down of China's economy.

With a total contract value of approximately $2.86 million, the Company's newly received orders are from Hohhot Jianshan Power Plant, Singkiang Production & Construction Corp., Fujian Putian Drainage Co. Ltd., Shanxi Jinneng Debao Thermal Power Co., China Water Resource and Hydropower Engineering Co. Ltd., and Henan Puyang Yuneng Development Co. Ltd., plus the TENCEDIL Inc. of Italy and the Piping Market Center of Saudi Arabia. In addition, the Company has documents prepared to bid in December, 2015 for 10 more new projects.

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

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SOURCE NF Energy Saving Corporation