NF Energy Saving Corporation Executes Strategic Cooperation Agreement with GE Alliance to Develop China Energy-Saving Market
Release Date: 2009-07-29
SHENYANG, China, July 29 /PRNewswire-Asia/ -- NF Energy Saving Corporation (OTC Bulletin Board: NFES; "NF Energy"), a Chinese leader in energy efficient flow control systems, today announced the Company has signed a Strategic Cooperation Agreement with GE Enterprise Development (Shanghai) Co. LTD ("GE"), a GE subsidiary, to jointly promote sustainable market development and to cooperate in energy savings projects in China.GE and NF Energy will cooperate to jointly market and develop energy savings projects in China. "We are glad to partner with GE in developing the Chinese energy-saving market," commented Mr. Li Gang, Chairman and CEO of NF Energy. "It is definitely a win-win cooperation. The energy-saving market perspective is very strong and is supported by favorable Chinese government policies that promote and reward these types of projects."
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