NFC has accelerated its financining paces since 2011, and by March 15, 2013, the stock placement has successfully completed with the total fund raised of RMB 1.801 billion. All the fund raised (with issuance cost deducted) will be used for bank loan repayment and liquidity supplement.

The increase of total assets and net assets by placement will help to improve the company financial structure, strengthen financial risk prevention and debt financing abilities, as well as broaden its development potential.