NF Energy Saving Corp. Wins 'China's Energy Conservation Services Advanced Company' Award

SHENYANG, China, July 21 /PRNewswire-Asia/ -- NF Energy Saving Corp. (OTC Bulletin Board: 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, announced today that it has been awarded a "China's Energy Conservation Services Advanced Company" designation by the National Development and Reform Commission and China Energy Conservation Service Commission.

NF Energy's management team attended the World Bank / GEF China Energy Conservation Promotion Summit in Beijing and was one of 12 companies to receive the designation from over 500 companies nationwide in the energy saving service industry in China. These 12 companies are from a range of sectors, including the property, motor, and construction industries. NF Energy was the only company to receive this award for energy saving in pipe flow control.

NF Energy was one of three companies among the 12 receiving the designation invited to speak at the summit. Mr. Gang Li, the Chairman and CEO of NF Energy, introduced the Company's key energy saving advances and the tangible cost-saving results they achieve. He spoke about the Company's independent research and its intelligent energy flow control equipment which is widely used in thermal power and hydroelectric power facilities. Mr. Li also discussed the Company's contribution on the South to North Water Project, supercritical power plant energy performance and effectiveness.

During the summit, Mr. Li also had in-depth conversations and exchanged ideas with the commanding directors of the South to North Water Project in Beijing Water Authority about "Smart Water Network". They reached a consensus on the promotion of the intelligent energy-saving flow control devices for the water industry in China.

"We are extremely honored to be given this award which we view both as an important recognition of the progress we have made in the execution of our strategies to become the leading energy saving services company in China, and as a designation we expect to promote awareness of NF Energy's brand and its market position in China," commented Mr. Gang Li. "In addition, we have achieved great success in the field of coal bed methane utilization, boiler reconstruction and energy-savings in hospitals as well as we constantly try to accelerate our production research and expand our marketing channels."

About NF Energy Saving Corporation

NF Energy Saving Corporation (OTCBB: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

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    For more information, please contact:

    Company Contact:
     Ms. Lihua Wang, Director & CFO
     Tel:   +86-24-8563-1159
     Email: [email protected]
     NF Energy Saving Corp.
     Web:   http://www.nfenergy.com

    Investor Relations Contact:
     Mr. Mark Collinson, Partner
     Email: [email protected]
     Tel:   +1-310-954-1343
     CCG Investor Relations
     Web:   http://www.ccgirasia.com

SOURCE NF Energy Saving Corporation

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