Fufeng Group Limited — Board/Management Information 2014

Dec 18, 2014

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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Fufeng Group Limited 阜豐集團有限公司

(incorporated in the Cayman Islands with limited liability)

(Stock code: 546)

RESIGNATION OF EXECUTIVE DIRECTOR AND CHIEF FINANCIAL OFFICER

The board of directors (the “ Board ”) of Fufeng Group Limited (the “ Company ”, together with its subsidiaries, the “ Group ”) hereby announces that Mr. Chen Yuan (“ Mr. Chen ”) tendered to the Board on 18 December 2014 and the Board accepted on the same date, his resignation as executive director and chief financial officer of the Company, effective from 1 January 2015 for the reason that he wants to pursue other career interests.

Mr. Chen has confirmed that he has no disagreement with the Board and there is no other matter that needs to be brought to the attention of the shareholders of the Company in relation to his resignation.

The Board would like to take this opportunity to express its gratitude to Mr. Chen for his valuable contributions to the Company during his tenure of service since September 2010.

The Company is conducting a search for a new chief financial officer of the Company and as an interim measure, Mr. Li Xuechun, a Director, and Mr. Lee Wai Yin, the qualified accountant and company secretary of the Company, will be overseeing the responsibility currently borne by Mr. Chen until the appointment of such final chief financial officer candidate. The Board would therefore like to inform that the resignation of Mr. Chen as an executive director and chief financial officer of the Company will not have any material adverse impact on the daily finance operations of the Group.

As at the date of this announcement, Mr. Chen has 5,355,224 share options granted pursuant to the share option scheme adopted by the Company on 20 January 2007 (the “ Share Options ”) and upon the effective date of Mr. Chen’s resignation, the Share Options would be lapsed as of 1 January 2015.

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Further announcement will be made by the Company under its disclosure obligation under Rule 13.51(2) of the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited (the “ Listing Rules ”) in due course if applicable.

By order of the Board Fufeng Group Limited Li Xuechun Chairman

Hong Kong, 18 December 2014

As at the date of this announcement, the executive directors of the Company are Mr. Li Xuechun, Mr. Wang Longxiang, Mr. Feng Zhenquan, Mr. Xu Guohua, Mr. Li Deheng, Mr. Chen Yuan and Mr. Li Guangyu and the independent non-executive directors of the Company are Mr. Choi Tze Kit, Sammy, Mr. Chen Ning, Mr. Qi Qing Zhong and Ms. Zheng Yu.

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