Exhibit 21.1

Name	Place of incorporation and kind of legal entity	Effective interest held (%)
NF Energy Saving Investment Limited (“NF Investment”)	British Virgin Island, a limited liability company		100
NF Energy Equipment Limited (“NF Equipment”)	Hong Kong, a limited liability company		100
Liaoning Nengfa Weiye Energy Technology Co., Ltd. (“Nengfa Energy”)	The PRC, a limited liability company		100
Liaoning Nengfa Tiefa Import & Export Co., Ltd. (“Nengfa Tiefa Import & Export”)	The PRC, a limited liability company		57
Lasting Wisdom Holdings Limited (“Lasting”)	British Virgin Island, a limited liability company		100
Pukung Limited (“Pukung”)	Hong Kong, a limited liability company		100
Beijing Xinrongxin Industrial Development Co., Ltd. (“Xinrongxin”)	The PRC, a limited liability company		100
Boqi Zhengji Pharmacy Chain Co., Ltd. (“Boqi Zhengji”)	The PRC, a limited liability company		100
CHONGQING GUANZAN TECHNOLOGY CO.	The PRC, a limited liability company		100
Chongqing Shude Pharmaceutical Co.	The PRC, a limited liability company		80