GoFintech Quantum Innovation Limited — Capital/Financing Update 2011

Jan 26, 2011

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)

CLARIFICATION ANNOUNCEMENT

Reference is made to the announcement of New Times Energy Corporation Limited (the “Company”) dated 25 January 2011 (the “Announcement”) in relation to, among others, the placing of convertible notes. The capitalized terms used in this announcement shall have the same meanings as defined in the Announcement unless otherwise defined.

The Company wishes to clarify a typographic error in relation to the maturity date of Convertible Notes which was inadvertently made in the Announcement. The maturity date of the Convertible Notes should be the first anniversary date of the issue date of the Convertible Notes instead of the second anniversary date of the issue date of the Convertible Notes.

Save as disclosed above, the Company confirms that all the information contained in the Announcement is correct in all aspects.

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

Hong Kong, 26 January 2011

As at the date of this announcement, the board of Directors comprises seven Directors, of which two are executive Directors, namely Mr. Cheng Kam Chiu, Stewart and Mr. Cheng Ming Kit; two non-executive Directors, namely Mr. Wong Man Kong, Peter and Mr. Chan Chi Yuen; and three independent non-executive Directors, namely Mr. Fung Chi Kin, Mr. Fung Siu To, Clement and Mr. Chiu Wai On.

• For identification purposes only