NF Energy Signed Export Contract with TECNEDIL INTERNATIONAL SRL, ITALY
SHENYANG, China, Jan. 21, 2015 /PRNewswire/ -- NF Energy Saving Corporation (NFEC) ("NF Energy" or the "Company"), a leading energy saving services and solutions provider for China's power, petrochemical, coal, metallurgy, construction, and municipal infrastructure development industries, announced today that the Company has recently entered into a sales contract to supply its DN2600 butterfly valves to TECNEDIL INTERNATIONAL SRL, an Italian company. This is the first export contract of NFEC in 2015. Despite its small amount of 187k Euros, the Company believes that this contract will lead to expanded sales of the Company's products in the world's first tier market.
"In 2014, the Company established a special internet marketing department to promote overseas sales and has created a website called 'FMYZT.COM' as a global marketing platform for its valve products pertaining to the Company's strategic business development plan. It is hoped that new communication media, such as the website and WeChat, can help enhance the Company's brand name globally. NFEC also plans to establish a new business center in Southeast Asia and expand its distribution network in ASEAN countries, while attempting to penetrate new markets in Australia and New Zealand. It is expected that this strategic move will help increase the Company's market share in Southeast Asia, while highlighting its brand and competitiveness in the world", said Mr.Li Gang, CEO of the Company .
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 Person: Andy Gao
Phone Number: +86-24-25609775
Email: [email protected]
SOURCE NF Energy Saving Corporation
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article