Changfeng Energy Inc. announced that the company has approved dividend of CAD 0.0106 per common share on outstanding common shares.

The company also approved the declaration of a one-time total payout for a special dividend of approximately RMB 12,900,000 (CAD 2,546,815) The Special Dividend will be paid out in two installments, the first installment of approximately RMB 6,450,000 an equivalent of approximately CAD 0.0195 per common share based on the total common shares outstanding, will be paid out concurrently with the Second Installment Dividend. Both the Second Installment Dividend and the first installment of the Special Dividend are payable on February 26, 2019 to shareholders of record as of the close of business on February 12, 2019.

The Board has also approved the first installment dividend in respect of the 2019 financial year (the 2019 First Installment Dividend) to the amount of approximately RMB 3,500,000 million (approximately CAD 690,996 based on the prevailing exchange rate between CAD and RMB at the date of this press release) with the payment date to be determined.