NF Energy Saving Corporation (the “Company” or “NF Energy”), based in Shenyang, Liaoning Province, 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 for China’s electric power, petrochemical, coal, metallurgy, construction, and municipal infrastructure development industries.
NF Energy Saving named among Top 20 energy saving companies in China at industry forum
2nd Feb 2010, 3:15 pm
NF Energy Saving Corporation (OTCBB: NFEC) has been recognised as one of the top Chinese energy service companies at an industry forum in Beijing. The company said in a statement it was presented with the "2009 Top 20 ESCO in China" award.
The award was presented at the recent China ESCO Industry Annual Meeting & China Energy Forum held in Beijing.
Headquartered in Shenyang city, NF Energy NF provides energy conservation services and products, which utilize its specialist energy-saving equipment and technical services. The company has several proprietary energy saving technologies and patents, including flow control systems and wind turbine components.
The current revenues are primarily from its energy saving flow control products. The company currently has 220 employees.
Last month, NF Energy said it won bidding on Phase III of a large ultra-supercritical coal power plant in Zhejiang province. It will supply 6 sets of DN2200 fluid-control butterfly valve to the project, and expects to recognize revenue from the deal of US$550,000 in the third quarter of 2010.
This power plant is one of China's new ultra-supercritical coal power plants being built to replace smaller, more polluting and inefficient coal power plants.
Also in January, it delivered 24 sets of its newly developed DN3600 ductile iron butterfly valve to a large water supply project in Guangzhou, the provincial capital of Guangdong in Southern China.
No investment advice
The Company is a publisher and is not registered with or authorised by the Financial Services Authority (FSA). You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.
You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.
From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.
