GoFintech Quantum Innovation Limited — Board/Management Information 2016

Mar 4, 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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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 NON-EXECUTIVE DIRECTOR

The Board announces that Mr. Heffner, Paul Lincoln has resigned as a non-executive director as well as member of the nomination committee and remuneration committee of the Company with effect from 4 March 2016.

RESIGNATION OF NON-EXECUTIVE DIRECTORS

The board of directors (the “ Board ”) of New Times Energy Corporation Limited (the “ Company ”) announces that Mr. Heffner, Paul Lincoln (“ Mr. Heffner ”) has resigned as a non-executive director as well as member of the nomination committee and remuneration committee of the Company with effect from 4 March 2016 to devote more time to his personal affairs and business engagements.

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

The Board would like to take this opportunity to express its gratitude to Mr. Heffner for his valuable contribution to the Company during his tenure of office.

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

Hong Kong, 4 March 2016

As at the date of this announcement, the Board comprises six directors, of whom two are executive directors, namely Mr. Cheng Kam Chiu, Stewart and Mr. Cheng Ming Kit; 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.

* For identification purpose only