UNITED
STATES

SECURITIES
AND EXCHANGE COMMISSION

Washington,
D.C. 20549



FORM
10-Q/A

Amendment
No. 1



(Mark
One)

☒
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934



For
the quarterly period ended September 30, 2019



or



☐
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934



For
the transition period from _____________ to ____________



Commission
File Number: 000-50155



|NF
    ENERGY SAVING CORPORATION                                                                                
|----------------------------------------------------------------------------------------------------------------
|(Exact
    name of registrant as specified in its charter)                                                      
|                                                                                                                
|Delaware                                                                                                        
|(State
    or other jurisdiction of
    incorporation or organization)                                          
|                                                                                                                
|Suite
    3708, R&F Building, No. 6, Gang Xing Road,
 Zhongshan District, Dalian, Liaoning Province, P. R. China
|(Address
    of Principal Executive Offices)                                                                    
|                                                                                                                
|(8624)
    8563-1159                                                                                            
|(Registrant’s
    telephone number, including area code)                                                        
|                                                                                                                
|Former address: 390 Qingnian Avenue, Heping District, Shenyang, P.R. China 110015                               
|(Former
    name, former address and former fiscal year, if changed since last report)                          



Securities
registered pursuant to Section 12(b) of the Act:



|Title
    of Each Class            |  | Trading
    Symbol(s) |  | Name
    of Each Exchange on 
    Which Registered
|---------------------------------- |  | --------------------- |  | --------------------------------------------------
|Common
    stock, $0.001 par value |  | BIMI                  |  | The
    NASDAQ Capital Market                     



Indicate
by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange
Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),
and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐



Indicate
by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant
to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that
the registrant was required to submit such fi les). Yes ☒ No ☐



Indicate
by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting
company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,”
“smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.



|Large
    accelerated filer ☐ | Accelerated
    filer ☐        
|----------------------------- | -------------------------------
|Non-accelerated
    filer ☐   | Smaller
    reporting company ☒
|                              | Emerging
    growth company ☐  



If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for
complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐



Indicate
by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☒



As
of November 10, 2019, the registrant had 9,073,289 shares of common stock, par value $.001 per share, issued and paid for, 500,795
shares reserved for potential issuance and 9,073,289 shares outstanding.






















Explanatory
Note



This
Amendment No.1 amends the Quarterly Report on Form 10-Q of NF Energy Saving Corporation for the quarter ended September 30, 2019,
originally filed with the Securities and Exchange Commission on November 14, 2019 (the “Original 10-Q”).



This Amendment No.1 is being filed to correct
several typographical errors on the Original 10-Q cover page.





No
other items of the Original 10-Q are being amended and this Amendment does not reflect any events occurring after the filing of
the Original 10-Q.





i







SIGNATURES



Pursuant
to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report
to be signed on its behalf by the undersigned.



|                            | NF
    ENERGY SAVING CORPORATION
|--------------------------- | --------------------------------
|                            | (Registrant)                    
|                            |                                 
|Date:
    November 25, 2019 | By:                             
|                            |                                 
|                            |                                 
|                            |                                 
|Date:
    November 25, 2019 | By:                             
|                            |                                 
|                            |                                 
|                            |                                 





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