Fufeng Group Limited — Board/Management Information 2016

Jul 22, 2016

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 EXECUTIVE OFFICER

The board (the “ Board ”) of Directors (the “ Directors ”) of Fufeng Group Limited (the “ Company ”) announces that Mr. Wang Longxiang (“ Mr. Wang ”) has tendered his resignation as an executive Director and chief executive officer of the Company (“ Chief Executive Officer ”) and member of the nomination committee of the Company as a result of personal health reason. His resignation has been accepted by the Board and will be effective from 25 July 2016.

Mr. Wang confirmed that he has no disagreement with the members of the Board and there is no other matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company or the Stock Exchange of Hong Kong Limited.

The Board would like to express its sincere gratitude to Mr. Wang for his valuable contributions to the Company during his tenure of services.

The Company is conducting a search for a new Chief Executive Officer and as an interim measure, Mr. Li Xuechun, a Director and the chairman of the Board, will be overseeing the responsibility currently borne by Mr. Wang until the appointment of a new Chief Executive Officer. The Board would therefore like to inform that the resignation of Mr. Wang as an executive Director and Chief Executive Officer will not have any material adverse impact on the daily operations of the Group.

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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, 22 July 2016

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. Sun Yu Guo, Mr. Qi Qingzhong and Ms. Zheng Yu.

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