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  Time2011/6/16SizeBig Middle Small

Shenyang, Liaoning Province, China, June 15, 2011 C NF Energy Saving Corp. (NASDAQ: NFEC) ("NF Energy" or the "Company"), a leading provider of energy management services and producer of energy efficiency products, announced today that the Company will hold its annual general meeting of stockholders (the meeting) on Monday, June 27, 2011 in Shenyang, China.

The time and venue of NF Energy's annual meeting of shareholders are as follows:

    Date:     Monday, June 27, 2011
    Time:     09:00 a.m. Local Time
    Venue:   Liaoning Hotel
                  97 Zhongshan Road,
                  Heping District, Shenyang,
                  Liaoning Province, PRC, 110001

At the annual meeting of stockholders, the following proposals have been submitted for stockholder approval and are fully described in the Proxy Statement issued on May 25, 2011. The Company's proxy and annual report are also available for download on the Company's corporate website: http://www.nfenergy.com/en/2011.asp

1. To elect eight directors to serve for the ensuing year and until their successors are elected.
2. To ratify the selection by the Audit Committee of the Board of Directors of HKCMCPA Company Limited as the Companys independent registered public accounting firm for the fiscal year ending December 31, 2011.
3. To conduct any other business properly brought before the meeting.

If you are interested in attending, please RSVP by contacting CCG Investor Relations via email mark.collinson@ccgir.com or phone 310-954-1343.

About NF Energy Saving Corporation

NF Energy Saving Corporation (NASDAQ:  NFEC) is a China-based provider of integrated energy conservation solutions utilizing energy-saving equipment, technical services and energy management re-engineering project operations to provide energy saving services to clients. The Companys customers are mainly concentrated in the electrical generation (large-scale thermal power generation, hydroelectric power, wind power, and nuclear power), water supply, and heat supply industries. The majority of revenues are from energy efficient flow control equipment and energy efficiency projects. For more information, visit http://www.nfenergy.com

Safe Harbor Statement

The statements contained herein that are not historical facts are considered "forward-looking statements." Such forward-looking statements may be identified by, among other things, the use of forward-looking terminology such as "believes," "expects," "may," "will," "should," or "anticipates" or the negative thereof or other variations thereon or comparable terminology, or by discussions of strategy that involve risks and uncertainties. In particular, statements regarding the efficacy of investment in research and development are examples of such forward-looking statements. The forward-looking statements include risks and uncertainties, including, but not limited to, the effect of political, economic, and market conditions and geopolitical events; legislative and regulatory changes that affect our business; the availability of funds and working capital; the actions and initiatives of current and potential competitors; investor sentiment; and our reputation. We do not undertake any responsibility to publicly release any revisions to these forward-looking statements to take into account events or circumstances that occur after the date of this report. Additionally, we do not undertake any responsibility to update you on the occurrence of any unanticipated events, which may cause actual results to differ from those expressed or implied by any forward-looking statements. The factors discussed herein are expressed from time to time in our filings with the Securities and Exchange Commission available at http://www.sec.gov.

For Immediate Release

Company Contact:                                             Investor Relations Contact:

Ms. Lihua Wang, Director & CFO                               Mr. Mark Collinson, Partner
NF Energy Saving Corp.                                      CCG Investor Relations
Tel: +86 24-8563 1159                                        Tel: +1 310-954-1343
Email: wlh@nfenergy.com                                      Email: mark.collinson@ccgir.com
Website: www.nfenergy.com                                  Website: www.ccgirasia.com