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CF Energy Business Update TSX Venture Exchange:CFY

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December 18, 2020
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TORONTO, Dec. 18, 2020 (GLOBE NEWSWIRE) — CF Vitality Corp. (TSX-V: CFY) (“CF Vitality” or the “Firm”, along with its subsidiaries (the “Group”), a number one new power service supplier within the Folks’s Republic of China (the ”PRC” or “China”) is happy to announce {that a} subsidiary of the Firm in Sanya Metropolis has just lately obtained a nationwide status award of 2020 – “The Excellent Entity of Superior Company Governance (or Open Democratic Administration) Follow” (the “Award”), the one firm to have obtained such an award in Sanya Metropolis this yr.

The Nationwide Manufacturing unit Affair Open-Coordination Group (NFAOCG) acknowledged our long-time and constant effort to determine enhanced company governance mechanism to optimize transparency and two-way communications between administration and staff. The group inspired the Firm to proceed its greatest apply of open dialogues and most generally participated staff’ contribution in policy-making and decision-making processes. The Award is often granted as soon as in each three years.

The NFAOCG wish to see extra entities to comply with these award-winning organizations to encourage their administration and staff to work collectively to realize sustainable enchancment of enterprise efficiency.

The Firm may be very pleased with its effectively established harmonious staff’ relations and nice observe report of workforce stability as an intrinsic a part of its social duties below the Environmental, Social and Governance (ESG) Follow. The Firm believes {that a} company’s efficiency is the results of all staff’ collective drive, dedication and contributions, and social concord being a necessary aspect of this to drive sustainable success, therefore, has ranked it very extremely on its agenda.

About CF Vitality Corp. (Beforehand generally known as: Changfeng Vitality Inc.)

CF Vitality Corp. is a Canadian public firm at present traded on the Toronto Enterprise Trade (“TSX-V”) below the inventory image “CFY”. It’s an built-in power supplier and pure fuel distribution firm (or pure fuel utility) within the PRC. CF Vitality strives to mix main clear power know-how with pure fuel utilization to supply sustainable power to its buyer base within the PRC.

CONTACT INFORMATION

Company Funding Relations
investor.relations@changfengenergy.cn

Charles Wang
Government Assistant to CEO & Chair of the Board
Zhaoyu.wang@changfengenergy.cn

Frederick Wong
Director of the Board
fred.wong@changfengenergy.cn

Ahead-Trying Statements

Sure statements contained on this information launch represent forward-looking statements and forward-looking data (collectively, “Ahead-Trying Statements”). All statements, aside from statements of historic truth, included or included by reference on this doc are Ahead-Trying Statements, together with statements relating to actions, occasions or developments that the Firm expects or anticipates could happen sooner or later. These Ahead-Trying Statements might be recognized by way of forward-looking phrases equivalent to “will”, “count on”, “intend”, “plan”, “estimate”, “anticipate”, “consider” or “proceed” or comparable phrases or the adverse thereof. No assurance might be on condition that the plans, intentions or expectations or assumptions upon which these Ahead-Trying Statements are primarily based will show to be right and such Ahead-Trying Statements included on this information launch shouldn’t be unduly relied upon. Though administration believes that the expectations represented in such Ahead-Trying Statements are cheap, there might be no assurance that such expectations will show to be right. Such Ahead-Trying Statements will not be a assure of efficiency and contain recognized and unknown dangers, uncertainties, assumptions and different components that will trigger the precise outcomes, efficiency or achievements to vary materially from the anticipated outcomes, efficiency or achievements or developments expressed or implied by such Ahead-Trying Statements. These components embrace, with out limitation, no important and persevering with hostile adjustments on the whole financial circumstances or circumstances within the monetary markets. Readers are cautioned that every one Ahead-Trying Statements contain dangers and uncertainties, together with these dangers and uncertainties detailed within the Company’s filings with relevant Canadian securities regulatory authorities, copies of which can be found at www.sedar.com. The Firm urges readers to fastidiously think about these components. The Ahead-Trying Statements included on this information launch are made as of the date of this doc and the Firm disclaims any intention or obligation to replace or revise any Ahead-Trying Statements, whether or not because of new data, future occasions or in any other case, besides as expressly required by relevant securities laws. This information launch doesn’t represent a suggestion to promote or solicitation of a suggestion to purchase any of the securities described herein and accordingly undue reliance shouldn’t be placed on such.

Neither TSX Enterprise Trade nor its Regulation Providers Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Trade) accepts accountability for the adequacy or accuracy of this launch.



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