The board of Directors of Shunfeng International Clean Energy Limited announced that, with effect from 23 June 2017: Mr. LUO Xin has resigned as an executive Director and the chief executive officer of the company in order to focus on his other personal business. The company is identifying a suitable
candidate to be the chief executive officer of the Company. Mr. SHI Jianmin has resigned as an executive Director and the vice chairman of the company due to the need of spending more time on his personal career development. Upon resignation, Mr. Luo will not be seeking re-election as an executive Director at the annual general meeting of the company to be held on 23 June 2017.