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.
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