Changfeng Ranked 2019 TSX Venture 50

TORONTO, Feb. 25, 2019 -- Changfeng Energy Inc., (TSXV: CFY) (“Changfeng” or the “Company”, together with its subsidiaries, the “Group”), an energy provider in the People's Republic of China (the ”PRC”), is pleased to announce that Changfeng was ranked amongst the 2019 TSX Venture 50 top performers on the TSX Venture Exchange for the 2018 year.

The ranking is comprised of 10 companies from each of the five industry sectors and selected based on market capitalization growth, share price appreciation, and trading volume.

“We appreciate the recognition that the TSX Venture has given Changfeng,” said Ann Lin, CEO and Chair of Changfeng. "We would also like to thank our shareholders, business partners, and employees for believing in the Company. Moving forward, Changfeng will continue to deliver results and increase stakeholder value.”

The TSX Venture 50 video for Changfeng and more information can be found in the following link:

https://www.tmxmoney.com/en/investor_tools/venture50.html

About Changfeng Energy Inc.

Changfeng Energy Inc. is a Canadian public company currently traded on the Toronto Venture Exchange (“TSX-V”) under the stock symbol “CFY”. It is an integrated energy provider and natural gas distribution company (or natural gas utility) in the PRC. Changfeng strives to combine leading clean energy technology with natural gas usage to provide sustainable energy to its customer base in the PRC. In 2019, Changfeng was ranked amongst TSX Venture Top 50.

CONTACT INFORMATION

Corporate Investment Relations

Investor.relations@changfengenergy.cn

Charles Wang

Executive Assistant to CEO & Chair of the Board

Zhaoyu.wang@changfengenergy.cn

Frederick Wong

Director of the Board

fred.wong@changfengenergy.cn

Forward-Looking Statements

Certain statements contained in this news release constitute forward-looking statements and forward-looking information (collectively, “Forward-Looking Statements”). All statements, other than statements of historical fact, included or incorporated by reference in this document are Forward-Looking Statements, including statements regarding activities, events or developments that the Company expects or anticipates may occur in the future. These Forward-Looking statements can be identified by the use of forward-looking words such as “will”, “expect”, “intend”, “plan”, “estimate”, “anticipate”, “believe” or “continue” or similar words or the negative thereof. No assurance can be given that the plans, intentions or expectations or assumptions upon which these Forward-Looking Statements are based will prove to be correct and such Forward-Looking Statements included in this news release should not be unduly relied upon.

Although management believes that the expectations represented in such Forward-Looking Statements are reasonable, there can be no assurance that such expectations will prove to be correct. Such Forward-Looking Statements are not a guarantee of performance and involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements to differ materially from the anticipated results, performance or achievements or developments expressed or implied by such Forward-Looking Statements. These factors include, without limitation, no significant and continuing adverse changes in general economic conditions or conditions in the financial markets. Readers are cautioned that all Forward-Looking Statements involve risks and uncertainties, including those risks and uncertainties detailed in the Corporation's filings with applicable Canadian securities regulatory authorities, copies of which are available at www.sedar.com. The Company urges readers to carefully consider those factors.

The Forward-Looking Statements included in this news release are made as of the date of this document and the Company disclaims any intention or obligation to update or revise any Forward-Looking Statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.