Questions? +1 (202) 540-8337 Login
Trusted News Since 1995
A service for global professionals · Monday, April 23, 2018 · 443,600,732 Articles · 3+ Million Readers

China In-Focus: NF Energy Saving To reverse split 1-For-3

August 26, 2009 (FinancialWire) — NF Energy Saving Corp. of America’s (OTCBB: NFES) ticker symbol has changed to (OTCBB: NFEC) to coincide with a one-for-three reverse stock split of its common stock.

Prior to the market open on August 26, shareholders will receive one share of NFEC for every three shares of NFES they hold.

company CEO Li Gang said, “Both the American Stock Exchange and the NASDAQ have minimum price thresholds to qualify for listings, and today’s one-for-three reverse split should position the company to meet those thresholds.”

Shenyang, China-based NF Energy Saving provides energy conservation solutions utilizing energy-saving equipment, technical services and energy management re-engineering project operations. The company has 220 employees.

FinancialWire(tm) is a fully independent, proprietary news wire service. FinancialWire(tm) is not a press release service, and receives no compensation for its news, opinions or distributions. Further disclosure is at the FinancialWire(tm) web site (http://www.financialwire.net/disclosures.php). Contact FinancialWire(tm) directly via inquiries@financialwire.net.

Free annual reports for companies mentioned in the news are available through the Free Annual Reports Service (http://investrend.ar.wilink.com/?level=279).

Powered by EIN Presswire