NF Energy Saving Corp. Approved for NASDAQ Listing

SHENYANG, China, Oct. 4 /PRNewswire-Asia/ -- NF Energy Saving Corp. (Nasdaq:  NFEC) ("NF Energy" or the "Company"), a leading energy saving services provider for China's power, petrochemical, coal, metallurgy, construction, and municipal infrastructure development industries, today announced that the Company's common stock has been approved for listing on the NASDAQ Stock Market.

NF Energy's common stock will begin trading under the symbol "NFEC" on the NASDAQ Global Market on October 4, 2010.

"We are extremely excited to join other top tier companies from around the world on the NASDAQ Global Market," commented Mr. Gang Li, NF Energy's Chief Executive Officer. "We expect that after meeting NASDAQ's stringent listing requirements, our shares will now have the opportunity to trade with increased liquidity. Moreover, listing on a major U.S. exchange will further enhance our profile in the investment community and is another corporate milestone in our ongoing commitment to increase transparency, improve corporate governance and enhance shareholder value."

Prior to the listing change to NASDAQ, the Company's common stock will continue to trade on the OTC Bulletin Board.

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, wind power, and nuclear power), water supply, and heat supply industries. The majority of revenues are from energy efficient flow control equipment and energy efficiency projects. 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 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 more information, please contact:

SOURCE NF Energy Saving Corporation

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED