[] [CODE OF ETHICS OF NF ENERGY SAVING CORPORATION I. Objectives NF Energy Saving Corporation (the “Company”) is committed to the highest level of ethical behavior. The Company's business success depends upon the reputation of the Company and its directors, officer and employees to perform with the highest level of integrity and principled business conduct. · Honest and ethical conduct, including] [Name Place of incorporation and kind of legal entity Liaoning Nengfa Weiye Energy Technology Co. Ltd. The PRC, a limited liability company Liaoning Nengfa Weiye Tei Fa Sales Co., Ltd. The PRC, a limited liability company] [Consent of Independent Registered Public Accounting Firm The Board of Directors NF Energy Saving Corporation We consent to the incorporation by reference in the Registration Statement of NF Energy Saving Corporation (the “Company”) on Form S-3 (File No. 333-172537) of our report dated March 28, 2012 on our audit of the Company’s financial statements as of December 31, 2011 and] [Certification I, Gang Li, certify that: 1. I have reviewed this Annual Report on Form 10-K of NF Energy Saving Corporation. 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements] [Certification I, Lihua Wang certify that: 1. I have reviewed this Annual Report on Form 10-K of NF Energy Saving Corporation. 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements] [18 U.S.C. SECTION 1350 SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 (1) (2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company for the fiscal year ended December 31, 2011. Gang Li Chief Executive Officer] [18 U.S.C. SECTION 1350 SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 (1) (2) The information contained in the Report fairly presents, in all material respects, the financial condition and result of operations of the Company for the fiscal year ended December 31, 2011. Lihua Wang Chief Executive Financial Officer Principal Financial Officer ( .]

[NF ENERGYVINGRPORATION FORM 10-K TABLE OFNTENTS Page No. PART I Item 1 Business 5 Item 1A Risk Factors 21 Item 1B Unresolved Staffmments 33 Item 2 Properties 33 Item 3 Legal Proceedings 34 Item 4 Minefety Disclosure 34 PART II Item 5 35 Item 6 Selected Financialta] [CODE OF ETHICS OF NF ENERGYVINGRPORATION I. Objectives NF Energyvingrporation (thempany) ismmitted to the highest level of ethical behavior. Thempany's business success depends upon the reputation of thempany and its directors, officer and employees to perform with the highest level of integrity and principled businessnduct.] [Name Place oforporation and kind of legal entity Liaoning Nengfa Weiye Energy Technology The a limited liabilitympany Liaoning Nengfa Weiye Tei Fales The a limited liabilitympany v306447_ex21-1.htm 3 EX-21.1] [Consent of Independent Registered Public Accounting Firm The Board of Directors NF Energyvingrporation Wensent to theorporation by reference in the Registration Statement of NF Energyvingrporation (thempany) on Form S-3 (File No. 333-172537) of our reportted March 28, 2012 on our audit of thempanys financial statements of December31, 2011 and 2010, and the relatednsolidated statements of] [Certification I, Gang Li, certify that: 1. I have reviewed this Annual Report on Form 10-K of NF Energyvingrporation. 2. Based on my knowledge, this report does notntain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which] [Certification I, Lihua Wang certify that: 1. I have reviewed this Annual Report on Form 10-K of NF Energyvingrporation. 2. Based on my knowledge, this report does notntain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which] [18 U.S.C. SECTION 1350 SECTION 906 OF THERBANES-OXLEY ACT OF 2002 (1) (2) The informationntained in the Report fairly presents, inl material respects, the financialndition and results of operations of thempany for the fiscal year ended December 31, 2011. Gang Li Chief Executive Officer v306447_ex32-1.htm 7] [18 U.S.C. SECTION 1350 SECTION 906 OF THERBANES-OXLEY ACT OF 2002 (1) (2) The informationntained in the Report fairly presents, inl material respects, the financialndition and result of operations of thempany for the fiscal year ended December 31, 2011. Lihua Wang Chief Executive Financial Officer Principal Financial Officer]

[FORM 8-K CURRENT REPORT Date of Report (Date of earliest event reported): July 30, 2011 NF ENERGY SAVING Delaware 000-50155 02-0563302 (State or Other Jurisdiction of Incorporation) (IRS Employer Identification No.) Room 3105, Block C, 390 Qingnian Avenue Heping District Shenyang, P.R. China 11000221 (Zip Code) (8624) 2560-9750 (Former Name or Former Address, if Changed Since Last Report) see ¨]

[FORM 8-K CURRENT REPORT Date of Report (Date of earliest event reported): July 30, 2011 NF ENERGY SAVING Delaware 000-50155 02-0563302 (State or Other Jurisdiction of Incorporation) (IRS Employer Identification No.) Room 3105, Block C, 390 Qingnian Avenue Heping District Shenyang, P.R. China 11000221 (Zip Code) (8624) 2560-9750 (Former Name or Former Address, if Changed Since Last Report) see ¨]