SHENYANG, China -- NF Energy Saving Corporation signs a $1.7 million sales contract with the Dahufang reservior, Liaoning Province, to supply the phase II project with gate valves . All products are anticipated to be delivered in December, 2016.
The water diversion project relating to the Dahuofang reservior is one of the biggest water project in Liaoning Province. Its purpose is to resolve the water shortage for six cities in the middle of Liaoning Province in China, such as Fushun, Shenyang, Liaoyang, Anshan, Yingkou and Dalian, which are the most developed cities in the province. The total length is 260 km. The Company delivered valves for the phase I of this project of approximately $4.7 million between 2008 and 2009, The construction of the phase I has been completed and has delivered water for Shenyang city with 1.3 million tons daily. The phase II project plans to resolve the drought in some region, such as Yingkou and Dalian. The Company expects the more contacts will be signed along with the construction of this project in future.
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