NF Energy Saving Corporation of America (NFES.OB) is a manufacturer of energy conservation equipment and an integrated energy efficient solutions provider in China. The company operates its business through its wholly owned subsidiary in China, Liaoning Nengfa Weiye Energy Technology Co. Ltd.
NF Energy Saving caters to both the demand-side and supply-side energy technologies of China by engaging in manufacturing and sales of energy-saving butterfly valve products in China. The company is also among the top three comprehensive solution providers in energy conservation and pollution reduction. In addition, the company is a major contractor of Chinese energy management projects.
The company’s energy management and pollution control services are in great demand in China, particularly from China’s infrastructure industries such as mining, steel, coal, petroleum & chemicals, agriculture, electric power, water supply & wastewater treatment, etc. These infrastructure industries make up nearly 60% of China’s energy-saving market.
At NF Energy’s manufacturing arm, they produce and sell butterfly valves, which serve as flow-control devices to reduce the energy consumption in large hydroelectric plants, coal-fired plants, and urban water supply and drainage systems in China. The company also manufactures the mechanical hardware for 1.5 megawatt wind turbines for the booming wind industry in China. In addition, the company provides biomass boilers equipped with hydrous pyrolysis technology.
All of the company’s products are targeted toward the multi-billion dollar Chinese market. NF Energy plans to become the largest comprehensive energy-saving solutions provider and alternative energy equipment manufacturer in China within 3 years.
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