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NF Energy Signs Contract with Shandong Luneng International Trading Co. to Deliver Valve Products

2014-06-19 21:00
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SHENYANG, China, June 19, 2014 /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, today announced that it has recently signed a $1.08 million contract with Shandong Luneng International Trading Co. to supply its valve products to the 2 x 1000 MW ultra super critical coal fired power generation project at the Lixin Power Plant of the State Investment Co. Execution of the contract is expected to conclude by the first half of 2015.

This contract, said Mr. Gang Li, CEO of NFEC, is one of the major valve product orders the Company has entered into this year. Up to date, the total contracted orders for the Company's valve products have exceeded RMB100 million or $16 million. And, the Company's 2014 revenue is expected to be much better than that of last year.

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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Source: NF Energy Saving Corporation
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