GoFintech Quantum Innovation Limited — Board/Management Information 2014

May 21, 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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NEW TIMES ENERGY CORPORATION LIMITED 新時代能源有限公司*

( incorporated in Bermuda with limited liability )

(Stock Code: 00166)

RESIGNATION OF EXECUTIVE DIRECTOR AND CHIEF FINANCIAL OFFICER AND CHANGE OF AUTHORISED REPRESENTATIVE

The Board announces that Mr. Wong Tai Cheung, Andrew has resigned as an Executive Director and the Chief Financial Officer of the Company and ceased to act as an authorised representative of the Company with effect from 21 May 2014 to pursue other opportunities for development.

The Board also announces that Ms. Tsang Tsz Ying, Fion has been appointed as an authorised representative of the Company with effect from 21 May 2014. �

RESIGNATION OF EXECUTIVE DIRECTOR AND CHIEF FINANCIAL OFFICER

The board of directors (the “ Board ”) of New Times Energy Corporation Limited (the “ Company ”) announces that Mr. Wong Tai Cheung, Andrew has resigned as an Executive Director and the Chief Financial Officer of the Company and ceased to act as the authorised representative of the Company as required under the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “ Listing Rules ”) with effect from 21 May 2014 to pursue other opportunities for development.

* For identification purpose only

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

The Company will identify a suitable candidate for the position of Chief Financial Officer. Further announcement will be made as and when appropriate.

CHANGE OF AUTHORISED REPRESENTATIVE

The Board also announces that, following the resignation of Mr. Wong, Ms. Tsang Tsz Ying, Fion, the Company Secretary of the Company, has been appointed as an authorised representative of the Company as required under the Listing Rules with effect from 21 May 2014.

The Board would like to take this opportunity to express its gratitude to Mr. Wong for his valuable contribution to the Company during his tenure of office and also welcome Ms. Tsang on her new appointment.

By order of the Board New Times Energy Corporation Limited Cheng Kam Chiu, Stewart Chairman

Hong Kong, 21 May 2014

As at the date of this announcement, the Board comprises seven directors, of whom two are executive directors, namely Mr. Cheng Kam Chiu, Stewart and Mr. Cheng Ming Kit; one is a non-executive director, namely Mr. Heffner, Paul Lincoln; and four are independent non-executive directors, namely Mr. Wong Man Kong, Peter, Mr. Chan Chi Yuen, Mr. Yung Chun Fai, Dickie and Mr. Chiu Wai On.