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Nf Energy Saving Corp  (NFEC)
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    Sector  Basic Materials    Industry Miscellaneous Fabricated Products

Nf Energy Saving's Suppliers Performance

NFEC's Supply Chain

NFEC Costs vs Sales of Suppliers Growth

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Nf Energy Saving's Suppliers recorded increase in sales by 8.88 % year on year in Q3 2017, from the previous quarter, sales fell by -0.56 %, Nf Energy Saving's cost of sales deteriorated by -28.71 % year on year, compare to one quarter ago cost of sales fell by -20.5 % in Q3.

More on NFEC Suppliers

Nf Energy Saving's Comment on Supply Chain

The transport of water and fluid energy, such as oil, gas, steam and hot water depends on pipelines. The intelligent flow control device supplied by NF Energy is an important part in the fluid energy transportation systems. According to “the 12th Five-Year” National Strategic Emerging Industry Development Plan", China will invest 4 trillion yuan in the next 5-10 years into the South-North Water Diversion Projects.. Since it was founded in 2006, the Company has supplied its products to many projects of this national water works, including the middle and northern Guangxi Xijiang River Water Diversion Project, Shenzhen Water Supply Project, Shanghai Water Diversion Project, and the 7 urban water supply projects in Liaoning Province, three curved water diversion projects in Dandong, and other major domestic water diversion projects. We have the best industry performance in water supply projects. At the same time, we also provide flow control devices and equipment for supercritical thermal power plants and ultra-supercritical coal-fired power plants as well as domestic hydro power generation market which are dominated by China's state-owned five big power groups. More than 80% of the Company’s annual revenues come from these markets and customers.

In connection with its work on the water diversion project and some of the power plant projects, the Company has a preferred provider agreement with Nengfa Weiye Tieling Valve Joint Stock Co., Ltd. (“Tieling Valve”) under which Nengfa Energy is the preferred provider of the valves and other related flow control equipment that Tieling Valve requires in its own work on the water diversion project. The agreement is in the manner of a right of first refusal whereby Tieling Valve is obliged to offer supply opportunities to Nengfa Energy within its scope of product offerings and expertise, but Tieling Valve is not prohibited from developing other supply arrangements. Tieling Valve and Nengfa Energy have agreed to cooperate to develop and market their respective technologies, equipment, products and services for their respective and mutual benefit, and will work together to examine and expand their respective businesses. Under the agreement, each party retains full right to their respective intellectual property. The agreement terminates in 2021, but by its terms will automatically extend for additional one year terms unless notice of termination is given by one party to the other at least six months prior to the then termination date.

The Company will focus its marketing to the wind power generation and the boiler/furnace industry through participation in and addressing government organizations and industry associations related to energy conservation and emission reduction. Marketing will also focus on equipment suppliers and end-users such as the larger and medium sized high energy consumption enterprises that provide or use the kinds of products and services that the Company currently offers or plans to offer. The focus will not only be to sell the products and services, but also to learn of the customer’s needs so that the Company can develop and adapt its products and services to the needs of its customer base. Another important aspect of the marketing strategy will be to participate directly in the consulting and reconstruction services of energy conservation projects organized by government agencies. Nevertheless, the Company plans to continue to participate in the bidding process for government projects, in an effort to enhance its market position.

NFEC's Suppliers Net Income grew by NFEC's Suppliers Net margin grew in Q3 to
22.18 % 7.22 %

Nf Energy Saving Corp's Suppliers Sales Growth in Q3 2017 by Industry

Suppliers in Chemical Manufacturing Industry      11.28 %
Suppliers in Chemicals - Plastics & Rubber Industry -1.27 %   
Suppliers in Aluminum Industry -23.06 %   
Suppliers in Iron & Steel Industry      15.12 %
Suppliers in Metal Mining Industry    
Suppliers in Miscellaneous Fabricated Products Industry      16.07 %
Suppliers in Construction Raw Materials Industry      5.82 %
Suppliers in Miscellaneous Manufacturing Industry      64.76 %
Suppliers in Industrial Machinery and Components Industry      2.89 %
Suppliers in Conglomerates Industry      4.75 %
Suppliers in Auto & Truck Parts Industry      10.32 %
Suppliers in Electric & Wiring Equipment Industry      3.77 %
Suppliers in Property & Casualty Insurance Industry      35.69 %
Suppliers in Advertising Industry -4.16 %   
Suppliers in Communications Equipment Industry      3.72 %
Suppliers in Transport & Logistics Industry -0.45 %   
Suppliers in Home Improvement Industry      37.43 %
Suppliers in Automotive Aftermarket Industry      3.91 %
• NFEC Suppliers Valuation • NFEC Segment Rev. Growth • NFEC Segment Inc. Growth • NFEC Suppliers Mgmt. Effect.

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