CF Energy Corp. Announces Sanya City Implements Temporary City-Wide “Lock-Down” to Control Covid-19 Spread
August 08 2022 - 4:30PM
CF Energy Corp. (TSX-V: CFY) (“CF Energy” or the “Company”;
together with its subsidiaries, the “Group”), a leading new energy
service provider in the People’s Republic of China (the “PRC” or
“China”) reports that Hainan Provincial Covid-19 Pandemic Control
(the “HPCPC”) in Hainan Province, the PRC, has announced the
implementation of temporary city-wide “lock-down” measures in Sanya
City to control the new increase in reported cases of Covid-19
infections, starting on August 6, 2022. According to the
announcement, except in the case of essential social and public
services, pandemic control activities and emergency situations,
people are asked to stay at home and restrict from engaging in
activities outside of their homes in Sanya City. The City’s public
transportation services including taxis and ride hailing services,
supermarkets, drug stores, other shops, leisure places and
restaurants will be temporarily closed. Residents in Hainan
Province were asked not to leave the Province unless for necessary
reasons and tourists in the Province will have to follow the newly
implemented Covid-19 testing protocols before leaving for home.
According to the HPCPC latest news announcement
on August 8, 2022, during the period of August 1 to August 7, 2022,
the Province reported an aggregate of 982 new Covid-19 cases, with
801 cases in Sanya City. On the same day, the HPCPC also announced
that water, electricity and gas providers should set up 24-hour
emergency repair service teams to make every effort in ensuring the
smooth operation of the City.
The Company’s gas supply and district cooling
services in Sanya City are considered as essential services and
will remain in operation during the lock-down period but sales are
expected to drop as a result of the lock-down.
About CF Energy Corp. (Previously known as: Changfeng
Energy Inc.)
CF Energy Corp. is a Canadian public company
trading on the Toronto Venture Exchange (“TSX-V”) under the stock
symbol “CFY”. It is an integrated energy provider and natural gas
utility/distribution company in the PRC. CF Energy strives to
combine leading clean energy technology with natural gas usage to
provide sustainable energy for its customer base in the PRC.
CONTACT INFORMATION
Corporate Investment
Relationsinvestor.relations@changfengenergy.cn
Charles WangExecutive Assistant to CEO & Chair of the
Boardzhaoyu.wang@changfengenergy.cn
Frederick WongDirector of the
Boardfred.wong@changfengenergy.cn
Mike LiuVP Capital Marketmike.liu@changfengenergy.cn
Forward-Looking Statements
Certain statements contained in this news
release constitute forward-looking statements and forward-looking
information (collectively, “Forward-Looking Statements”). All
statements, other than statements of historical fact, included or
incorporated by reference in this document are forward-looking
statements – including statements regarding activities, events or
developments that the Company expects or anticipates may occur in
the future. These forward-looking statements can be identified by
the use of forward-looking words such as “will”, “expect”,
“intend”, “plan”, “estimate”, “anticipate”, “believe”, “continue”,
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given that the plans, intentions or expectations or assumptions
upon which these forward-looking statements are based will prove to
be correct and the forward-looking statements included in this news
release should not be unduly relied upon. Though management
believes that the expectations outlined in such forward-looking
statements are reasonable, there can be no assurance that such
expectations will materialize. Such-looking statements are not a
guarantee of performance and involve known and unknown risks,
uncertainties, assumptions, and other factors that may cause the
actual results, performance or achievements to deviate materially
from the anticipated results, performance or achievements or
developments expressed or implied by such forward- looking
statements. These factors include, without limitation, significant
and continuing adverse changes in general economic conditions or
conditions in the financial markets. Readers are cautioned that all
forward-looking statements involve risks and uncertainties,
including those risks and uncertainties detailed in the
Corporation’s filings with applicable Canadian securities
regulatory authorities, copies of which are available at
www.sedar.com. The Company urges readers to carefully consider
these factors. The forward-looking statements included in this news
release are made as of the date of this document and the Company
disclaims any intention or obligation to update or revise any
forward-looking Statements, whether as a result of new information,
future events or otherwise, except as expressly required by
applicable securities legislation. This news release neither
constitutes an offer to sell nor a solicitation of offers to buy
any of the securities described herein. Accordingly, undue reliance
should not be placed on its contents.
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accept responsibility for the adequacy or
accuracy of this release.
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