NF Energy Saving Corporation Announces Business Visit in India

SHENYANG, China, June 8, 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 a business visit in India was completed recently.

In order to expand the international market based on the "one belt and one way" policy issued by the Chinese government, representatives sent by NF Energy and Liaoning Nengfa Tiefa Import&Export Co. Ltd. visited the related companies in Hyderabad, India so as to look for the potential partners, such as discussed with VISHWA company on the disposal project in Hyderabad, India .

The Companies discussed our product's quality and characteristics based on energy conservation and emission reduction to reduce costs, as well as introducing our current market situation. Meanwhile, they also mentioned some projects cooperated with other countries, such as Italy, Russia and Malaysia etc. According to our presentation, many India Companies were very interested in our products, and the cooperation in some projects are still under way. It is expected that the amount of our total orders will be more than $3 million this year in Indian market.

In recent years, the requirement of valves are rapidly increased in China and India as the representatives of the developing countries which became the largest valve markets in the world. The Indian industrial valve market is expected to reach more than $1 billion in demand in 2017.

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.

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.

Contact:

Andy Gao
Phone Number: 0086-24-25609775
Email: [email protected]

SOURCE NF Energy Saving Corporation

Related Links

http://www.nfenergy.com