China Energy Development Holdings Limited Announces Retirement of Zong Ketao as an Independent Non-Executive Director

China Energy Development Holdings Limited is a Hong Kong-based investment holding company principally engaged in exploration, production and distribution of natural gas businesses. The Company operates through three segments. The Exploration, Production and Distribution of Natural Gas segment is engaged in the exploration, development, production and sales of natural gas and the usage of pipeline for distribution of natural gas. The Sales of Food and Beverages Business segment is engaged in the sales of food and beverages. The Money Lending Business segment is engaged in provision of loans to third parties.