Changfeng Energy Inc. Announces Acceptance by TSX Venture Exchange of Normal Course Issuer Bid

Changfeng Energy Inc. ("Changfeng" or the "Company") (TSX VENTURE:CFY), a
natural gas utility in China, announces today acceptance by the TSX Venture
Exchange (the "Exchange") of the Company's Notice of Intention to Make a Normal
Course Issuer Bid ("NCIB"). Pursuant to the NCIB, the Company proposes to
purchase through the facilities of the Exchange, from time to time over the next
12 months, if considered advisable, up to an aggregate of 3,000,000 common
shares, being approximately 4.6% of its common shares as of the date hereof.
Purchases may commence through the Exchange on November 27, 2013 and will
conclude on the earlier of the date on which purchases under the bid have been
completed and November 26, 2014. National Bank Financial will be appointed as
the broker firm responsible for making purchases of common shares under the NCIB
on behalf of the Company, having regard to the rules of the Exchange.


The Board of Directors of the Company believes that the proposed purchases are
in the best interests of the Company and are a desirable use of corporate funds.
All common shares purchased by the Company will be cancelled.


On November 27, 2012, the Company commenced a Normal Course Issuer Bid to
purchase up to 3,000,000 common shares through the facilities of the Exchange.
Under that bid, which expires on November 26, 2013, the Company has purchased
and cancelled a total of 1,409,300 of its common shares at an average price of
$0.33 per common share. As of the date hereof, the Company has 64,815,700 issued
and outstanding common shares. 


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 TSXV) 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
[e-mail]


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