NF Energy Signs Energy Service Contract in Dongguan, China
SHENYANG, China, Aug. 20, 2013
SHENYANG, China, Aug. 20, 2013 /PRNewswire/ --NF Energy Saving Corporation.
(NASDAQ: 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.
On August 13, 2013, the Guangdong division of the Company's wholly owned
subsidiary Liaoning NF Energy signed an energy efficiency service contract
with Dongguan Xianjia Plastic Products Company, a Xianhao International Group
company, to retrofit 58 units of the client's injection molding machines
(IMM). The project is expected to save energy by up to 40%. In addition, more
than 60 units of IMM equipment are lined up for energy service at Xinhao Mold
Plastic (Shenzhen) Co., Ltd. For the contracted project, NF Energy will apply
its own technologies and many years of experience in motor-drive energy
efficiency improvements. A test was conducted by both parties prior to the
signing of the contract and the Company's solution was found to be very
effective. With the kickoff of this energy saving project, the Company expects
energy service projects like this one in the plastic industry to become a new
source of revenue.
Founded in 1989 in Hong Kong, Xianhao International Group (XIG)
(http://www.lintall.com.hk) specializes in mould manufacturing, plastic
injection molding and secondary processing. In order to meet the increasing
market demand, XIG has established production bases in three mainland cities,
including Shenzhen in 1992, Dongguan and Ningbo in 2003. XIG plans to improve
the energy efficiency in all its facilities.
About NF Energy Saving Corporation
NF Energy Saving Corporation (NASDAQ: NFEC) is a China-based integrated energy
conservation solutions provider. The Company's customers are mainly in the
electric power generation (large-scale thermal power generation, hydroelectric
power, and nuclear power), water supply, and heat supply industries. The
company's major revenue is from energy efficient flow control solutions
including equipment and energy efficiency project services. For more
information, visit http://www.nfenergy.com.
Contact Person: Andy Gao
Phone Number: 0086-24-25609775
SOURCE NF Energy Saving Corporation
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