Changfeng Draws Down US$1.5 Million Term Loan From Bank of China (Canada)

Changfeng Energy Inc. ("Changfeng" or the "Company") (TSX VENTURE:CFY), a
natural gas utility in China, announces that it has drawn down the full amount
of a US$1.5 million term loan (the "Term Loan) from the Bank of China (Canada)
pursuant to a Credit Facility Letter Agreement effective October 30, 2013.


The Term Loan is secured by a Standby Letter of Credit provided by the Company
and issued by the Bank of China Hainan Branch for the amount of RMB10 Million.
The Term Loan has a one-year term from the date of the withdrawal and bears
annual interest of 6-month LIBOR Rate plus 250bps.


The proceeds of the Term Loan will be used for the general working capital
purposes of the Company.


About Changfeng Energy Inc.

Changfeng Energy Inc. is a natural gas service provider with operations located
throughout the People's Republic of China. The Company services industrial,
commercial and residential customers, providing them with natural gas for
heating purposes and fuel for transportation. The Company has developed a
significant natural gas pipeline network as well as urban gas delivery networks,
stations, substations and gas pressure regulating stations in Sanya City and
Haitang Bay. Through its network of pipelines, the Company provides safe and
reliable delivery of natural gas to both homes and businesses. The Company is
headquartered in Toronto, Ontario and its shares trade on the Toronto Venture
Exchange under the trading symbol "CFY". For more information, please visit the
Company website at www.changfengenergy.com.


Forward-Looking Statements

Information set forth in this news release may involve forward-looking
statements under applicable securities laws. The forward-looking statements
contained herein are expressly qualified in their entirety by this cautionary
statement. The forward-looking statements included in this document are made as
of the date of this document and the Company disclaims any intention or
obligation to update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise, except as expressly
required by applicable securities legislation. Although Management believes that
the expectations represented in such forward-looking statements are reasonable,
there can be no assurance that such expectations will prove to be correct. This
news release does not constitute an offer to sell or solicitation of an offer to
buy any of the securities described herein and accordingly undue reliance should
not be put on such.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX-V) accepts responsibility for the adequacy
or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Changfeng Energy Inc.
Mr. Yan Zhao CPA. CA
Chief Financial Officer
416.362.5032 / 647.528.0115
416.362.2393 (FAX)
[e-mail]
www.changfengenergy.com


Changfeng Energy Inc.
Ms. Ann S.Y. Lin
VP, Corporate Development and Corporate Secretary
416.362.5032
416.362.2393 (FAX)
[e-mail]
www.changfengenergy.com