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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, makes no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

FORTUNET E-COMMERCE GROUP LIMITED

(formerly known as Changfeng Axle (China) Company Limited ��1o('PIllili&ii'i ) (Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1039) (1) CHANGE OF COMPANY NAME (2) CHANGE OF STOCK SHORT NAME (3) CHANGE OF COMPANY WEBSITE AND (4) CHANGE OF COMPANY LOGO CHANGE OF COMPANY NAME

The Board is pleased to announce that the English name of the Company has been changed from "Changfeng Axle (China) Company Limited" to "Fortunet e-Commerce Group Limited" and adopted " .ilm�r.l�IIJili&ii'i " as the dual foreign name in Chinese of the Company in place of " ��1o

('PIllili&ii'i ".

CHANGE OF STOCK SHORT NAME

The stock short name for trading in the Shares on the Stock Exchange will be changed from "CHANGFENG AXLE" to "FORTUNET E-COMM" in English and from " ��1o "to " .ilm� r.l " in Chinese with effect from 9:00 a.m. on 19 June 2015. The stock code of the Company remains unchanged as "1039".

CHANGE OF COMPANY WEBSITE

The website of the Company has been changed from " http://www.changfengaxle.com.hk" to "
http://www.ccigmall.com" with effect from the date of this announcement.
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ADOPTION OF NEW COMPANY LOGO

With effect from the date of this announcement, the Company has adopted a new logo which will be printed on the relevant corporate documents of the Company, including but not limited to the Company's promotional materials, interim and annual reports, announcements, circulars and corporate stationary. The Company's new logo is set out below:

Reference is made to the announcement of Fortunet e-Commerce Group Limited (formerly known as Changfeng Axle (China) Company Limited) (the "Company") dated 13 April 2015, the circular of the Company dated 17 April 2015 (the "Circular") and the announcement of the Company dated 21 May
2015 in relation to the poll results of the Annual General Meeting. Capitalized terms used herein shall have the same meanings as those defined in the Circular unless defined otherwise herein.

CHANGE OF COMPANY NAME

The Board is pleased to announce that the English name of the Company has been changed from "Changfeng Axle (China) Company Limited" to "Fortunet e-Commerce Group Limited" and the Company has adopted " .ilm�r.l�IIJili&ii'i " as the dual foreign name in Chinese of the Company in place of " ��1o('PIllili&ii'i ".
The Certificate of Incorporation on the Change of Name of the Company was issued by the Registry of Companies in the Cayman Islands on 28 May 2015 and the Certificate of Registration of Alteration of Company Name of Registered Non-Hong Kong Company was issued by the Companies Registry in Hong Kong on 12 June 2015.

CHANGE OF STOCK SHORT NAME

The stock short name of the Shares of the Company for trading on the Stock Exchange will be changed from "CHANGFENG AXLE" to "FORTUNET E-COMM" in English and from " ��1o " to " .ilm

�r.l " in Chinese with effect from 9:00 a.m. on 19 June 2015. The stock code of the Company remains

unchanged as "1039".
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EFFECTS ON THE CHANGE OF COMPANY NAME

The Change of Company Name will not affect any rights of the Shareholders.
All existing share certificates in issue bearing the present name of the Company shall continue to be evidence of title to such shares and the existing share certificates shall continue to be valid for trading, settlement, registration and delivery purposes. Accordingly, there will not be any arrangement for free exchange of the existing share certificates for new certificates bearing the new English and Chinese names of the Company. New share certificates will be issued under the new English and Chinese names with effect from 28 May 2015.

CHANGE OF COMPANY WEBSITE

The website of the Company has been changed from "http://www.changfengaxle.com.hk" to "http://www. ccigmall.com" with effect from the date of this announcement.

ADOPTION OF NEW COMPANY LOGO

With effect from the date of this announcement, the Company has adopted a new logo which will be printed on the relevant corporate documents of the Company, including but not limited to the Company's promotional materials, interim and annual reports, announcements, circulars and corporate stationary. The Company's new logo is set out below:

By Order of the Board

Fortunet e-Commerce Group Limited Mr. Cheng Jerome

Chairman

Hong Kong, 16 June 2015

As at the date of this announcement, the executive directors of the Company are Mr. Cheng Jerome and Mr. Yuan Weitao; the non-executive Directors of the Company are Ms. Dong Ying, Dorothy, Mr. Feng Xiaohui and Mrs. Guo Yan; and the independent non-executive Directors of the Company are Mr. Wong Chi Keung, Mr. Liu Erhfei and Mr. Chan Chi Keung Alan.

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