TORONTO, ONTARIO--(Nov. 19, 2009) - Changfeng Energy Inc. ("Changfeng" or the "Company")(TSX VENTURE:CFY) today reported financial results for the three months ended on September 30, 2009. All amounts are in Canadian dollars.

During the quarter Changfeng generated total revenues of $4,100,996 compared to $2,896,031 for the same period in 2008 representing a 41% increase. The gross profit margin for the period was 59% versus 59% for the same period last year.

Net income for the third quarter was $93,296 or $0.001 per share compared to $82,234 or $0.001 per share for the same period in 2008. The Company continues to actively pursue new business opportunities.

At the end of Q3 2009 the Company had 44,892 residential customers connected representing a 32.4% increase for the year and 418 commercial customers connected representing a 20.5% increase year over year.

The Company's CNG project continues to advance with the construction of the first CNG station. An additional 2 stations, of the 7 planned for construction, are slated to commence construction shortly. The Company has secured the required gas supply for the first group of stations (11 MM M3 of CNG) and recently has secured an additional 3.65 MM M3 of CNG for the project.

"For the balance of the year, Changfeng will continue its steady growth in the Sanya region, and increase its focus on mainland development through the establishment of strategic partnerships in the CNG filling station and urban pipeline natural gas construction and distribution business. We will continue to add more customers in Sanya City and increase gas sales in the region. We will continue our efforts to secure additional gas supply for our Yalong Bay, Haitang Bay and Industrial Park projects. Sanya City's estimated annual gas consumption for the entire region will increase to 120 MM M3 (from the current ~30 MM M3 level) within the next five years." Said Mr. Huajin Lin, Chairman and CEO of the Company.

About Changfeng Energy Inc.
Changfeng is engaged in the design and construction of natural gas distribution networks and the distribution of natural gas to commercial and residential customers in the greater Sanya City region of Hainan Province, China. The Company is headquartered in Toronto, Ontario and its shares trade on the TSX Venture Exchange.

This press release contains forward-looking statements based on current expectations. These forward-looking statements entail various risks and uncertainties that could cause actual results to differ materially from those reflected in these forward-looking statements. Risks and uncertainties about Changfeng's business are more fully discussed in the Company's disclosure materials, including its information circular and MD&A, filed with the securities regulatory authorities in Canada.

For more information please contact:

Changfeng Energy Inc.
Ann Lin
Corporate Secretary
Tel: 416-362-0694
ann@changfengenergy.com

or

Changfeng Energy Inc.
Graham Warren
Chief Financial Officer
Tel: 416-362-0694
gwarren@changfengenergy.com

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.

This press release contains forward-looking statements based on current expectations. These forward-looking statements entail various risks and uncertainties that could cause actual results to differ materially from those reflected in these forward-looking statements. Risks and uncertainties about Changfeng's business are more fully discussed in the Company's disclosure materials, including its information circular and MD&A, filed with the securities regulatory authorities in Canada. All amounts are stated in Canadian dollars except for noted otherwise.