Ms. Ann Lin reports

CHANGFENG ANNOUNCES AMENDMENT TO DIVIDEND PAYMENT DATE

Changfeng Energy Inc. has made an amendment to its annual dividend and special dividend payment date.

Further to Changfeng's press release on Jan. 30, 2019, the company has made an amendment to the payment date of the second-instalment dividend of 2018 and first instalment of the 2019 special dividend pending completion of the audit of the group's annual financial statements for the 2018 fiscal year. In accordance with regulations in China, in order for the company's subsidiary to wire the necessary funds for the financing of the dividend payments, audited financial statements of the principal Chinese subsidiary of the company for the 2018 fiscal year are required. There will be no change to the record date of Feb. 12, 2019, and shares began trading on an ex dividend basis at the opening of trading on Feb. 11, 2019. Both the second-instalment dividend and the first instalment of the special dividend are expected to be paid within the first half of April, 2019, to shareholders of record as of the close of business on Feb. 12, 2019. The company will announce by further press release when the payable date has been confirmed following completion of the audit noted herein.

The second-instalment dividend of 2018 remains in the amount of 3.5 million renminbi ($690,996 based on the prevailing exchange rate between the Canadian dollar and renminbi as at Jan. 30, 2019), an equivalent of approximately 1.06 cents per common share based on the total common shares outstanding as of Jan. 30, 2019, and Feb. 12, 2019.

The first instalment of the 2019 special dividend remains in the amount of 6.45 million renminbi ($1,273,408 based on the prevailing exchange rate between the Canadian dollar and renminbi as at Jan. 30, 2019), an equivalent of approximately 1.95 cents per common share based on the total common shares outstanding as of Jan. 30, 2019, and Feb. 12, 2019.

About Changfeng Energy Inc.

Changfeng Energy is an integrated energy provider and natural gas distribution company (or natural gas utility) in China. Changfeng strives to combine leading clean energy technology with natural gas usage to provide sustainable energy to its customer base in China.

We seek Safe Harbor.