Wednesday, 29 July 2009

NF Energy in strategic cooperation with GE subsidiary for Chinese market

China-focused NF Energy Saving Corp of America (OTCBB: NFES) said it has signed a strategic cooperation agreement with GE Enterprise Development (Shanghai) Co Ltd, a subsidiary of US group GE (NYSE: GE), to jointly promote sustainable market development and to cooperate in energy savings projects in China.

NF Energy chairman and CEO Li Gang said: "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."


www.proactiveinvestors.com

No comments:

Post a Comment