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
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SOURCE NF Energy Saving Corporation