Fufeng Group Limited — Board/Management Information 2015

Nov 20, 2015

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)

APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR, CHAIRMAN OF AUDIT COMMITTEE, CHAIRMAN OF REMUNERATION COMMITTEE, AND MEMBER OF NOMINATION COMMITTEE

The Board is pleased to announce the appointment of Mr. Sun Yu Guo as an independent non-executive director, the chairman of audit committee, the chairman of remuneration committee and a member of nomination committee of the Company with effect from 23 November 2015 in order to comply with rule 3.10A of the Listing Rules.

APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR, CHAIRMAN OF AUDIT COMMITTEE, CHAIRMAN OF REMUNERATION COMMITTEE, AND MEMBER OF NOMINATION COMMITTEE

The Board of Directors (the “ Board ”) of Fufeng Group Limited (the “ Company ”) is pleased to announce that Mr. Sun Yu Guo (“ Mr. Sun ”) has been appointed as an independent nonexecutive director, the chairman of audit committee, the chairman of remuneration committee and a member of nomination committee of the Company with effect from 23 November 2015 in order to comply with rule 3.10A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “ Listing Rules ”).

Mr. Sun Yu Guo (孫玉國) (“ Mr. Sun ”), aged 61, has over 30 years experience in the field of accounting and financial management. Mr. Sun is the non-profession member of The Chinese Institute of Certified Public Accountant and The Chinese Institute of Certified Public Valuator. Prior to his retirement in February 2014, Mr. Sun was an executive director and vice president of Tsingtao Brewery Company Limited with rich experience in financial management and capital management. He ever served as Deputy Department Head in Finance Bureau of Qingdao, and Department Head in State-owned Assets Supervision and Administration Commission of the People’s Government of Qingdao (the “ SASACQ ”). Mr. Sun was awarded China Annual Figure as Chief Financial Officer in 2004, and National Pioneer in Accounting in 2008.

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Mr. Sun does not have any relationship with any directors, senior management, substantial or controlling shareholders of the Company. Mr. Sun was an executive director of Tsingtao Brewery Company Limited (stock code: 0168.HK) up to June 2014, save as disclosed above, he did not have any directorships in other listed public companies in the last three years nor has held any other position with the Company and any of its subsidiaries. As at the date of this announcement, Mr. Sun does not have any interests in the shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance.

Mr. Sun has entered into a service agreement with the Company commencing from 23 November 2015 and is subject to retirement from office and re-election at the next following general meeting of the Company in accordance with the articles of association of the Company. Mr. Sun will be entitled to a director’s fee of RMB150,000 per annum which is determined by the Board with reference to the duties and responsibilities concerned.

Mr. Sun has confirmed that he meets the independence criteria as set out in Rule 3.13 of the Listing Rules. Save as disclosed above, there are no other matters relating to the appointment of Mr. Sun which need to be brought to the attention of the shareholders of the Company and there is no other information that is required to be disclosed pursuant to Rule 13.51(2) of the Listing Rules.

The Board would like to extend its warm welcome to Mr. Sun.

By order of the board Fufeng Group Limited Li Xuechun Chairman

Hong Kong, 20 November 2015

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 and Mr. Li Guangyu and the independent non-executive directors of the Company are Mr. Qi Qingzhong and Ms. Zheng Yu.

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