CHANGFENG ENERGY INC. TO CHANGE NAME TO CF ENERGY CORP.
EFFECTIVE APRIL 12, 2019

TORONTO - April 9, 2019 Changfeng Energy Inc. (TSX Venture Exchange: CFY) (“Changfeng” or the “Company”) is pleased to announce that its application for the change of name from Changfeng Energy Inc. to CF Energy Corp has been approved by the TSX Venture Exchange (“TSXV”). The name change will become effective April 12, 2019.

About Changfeng Energy Inc.

Changfeng Energy Inc. is a Canadian public company currently traded on the TSXV 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 2009, Changfeng was recognized as being one of China's the Top Ten Most Influential Brands in the Natural Gas Industry and in 2019, ranked amongst the 2019 TSX Venture 50 top performers on the TSXV for the 2018 year.

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

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.