[NF ENERGY SAVING CORPORATION FORM 10-K TABLE OF CONTENTS Page No. PART I Item 1 Business 3 Item 1A Risk Factors 13 Item 1B Unresolved Staff Comments 22 Item 2 Properties 22 Item 3 Legal Proceedings] [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. ● ● compliance with applicable governmental] [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 EX-21.1 6 v179133_ex21-1.htm] [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, Li Hua 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] [18 U.S.C. SECTION 1350 SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 (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, 2008. Gang Li Chief Executive Officer ( EX-32.1 9 v179133_ex32-1.htm] [18 U.S.C. SECTION 1350 SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 (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, 2009. Li Hua Wang Chief Financial Officer Principal Financial Officer ( EX-32.2 10 v179133_ex32-2.htm]

[NF ENERGYVINGRPORATION FORM 10-K TABLE OFNTENTS PageNo. PART I Item 1 Business 3 Item 1A Risk Factors 13 Item 1B Unresolved Staffmments 22 Item 2 Properties 22 Item 3 Legal Proceedings 22 Item 4 [Reserved] 22 PART II Item 5 22 Item 6 Selected Financialta 23] [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 Placeofincorporation andkindof legalentity Liaoning Nengfa Weiye Energy Technology The a limited liabilitympany Liaoning Nengfa Weiye Tei Fales The a limited liabilitympany v179133_ex21-1.htm 6 EX-21.1] [Certification I, GangLi, 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 such] [Certification I, Li Hua 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] [18 U.S.C. SECTION 1350 SECTION 906 OF THERBANES-OXLEY ACT OF 2002 (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, 2008. Gang Li Chief Executive Officer ( v179133_ex32-1.htm 9 EX-32.1] [18 U.S.C. SECTION 1350 SECTION 906 OF THERBANES-OXLEY ACT OF 2002 (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, 2009. Li Hua Wang Chief Financial Officer Principal Financial Officer]