Changfeng Announces Title Sponsorship of a Provincial Level Table Tennis Tournament

TORONTO, ONTARIO--(Marketwire - March 6, 2012) - Changfeng Energy Inc. (TSX VENTURE:CFY) ("Changfeng" or the "Company") is pleased to announce that the Company will sponsor a provincial level table tennis tournament (the "Tournament") which was initiated and will be hosted by the Sanya Culture and Sport Bureau. The Tournament, which will be held from the 17th to 20th March 2012 in Sanya City, Hainan Province, China, is titled by the Company's name as the "Changfeng Cup".

This tournament is brand new, and a total of six teams will be participating in the competition. The six teams are Beijing, Shanghai, Jiangsu Province, Shandong Province, Guangdong Province and Hainan Province, and the Company is developing its business in some of these provinces.

Management believes that it will improve the Company's brand awareness and recognition through the sponsorship for this high profile event.

About the Changfeng Cup Table Tennis Tournament

Table Tennis, also known as Ping Pong, is one of the most popular sports in China. This Tournament aims to improve the popularity of table tennis in China, develop good sportsmanship in Sanya city, and promote Hainan Province as an "International Tourist Destination". There will be over 60 athletes, coaches, and sports officials as well as business partners in attendance. A live telecast will be available.

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 & 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.