SHENYANG, China, Nov. 25, 2009 -- NF Energy Saving Corporation, a Chinese leader in energy efficient flow control systems, today announced the Company has delivered 147 sets of valves to Dahuofang Water Supply Project Western Water Plant. US GAAP revenue of US$640,000 is to be recognized in Q4 2009.
Dahuofang Water Supply Project is an important project in Liaoning province. It will effectively solve the water supply problems in seven cities of central Liaoning province, including Shenyang, Fushun, Liaoyang, An'shan, Haicheng, Yingkou and Dalian. The project, started in 2008, is divided into two phases. Western Water Plant is part of the Phase I project located in Shenyang city.
Mr. Li Gang, Chairman and CEO of NF Energy, commented, "We are pleased to participate in this important water supply project in Liaoning province. We will continually supply our high-quality energy-efficient flow control system to this project."
About NF Energy Saving Corporation
NF Energy Saving Corporation 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 current revenues are primarily from its energy saving flow control products. Headquartered in Shenyang city of China, the Company currently has 220 employees and several proprietary energy saving technologies and patents. Website: http://www.nfenergy.com