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CF Energy Business Update CF Energy Corp. Markham, Ontario, CANADA TORONTO, Dec. 21, 2020 (GLOBE NEWSWIRE) 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”) announces the following update on its principal projects under development: Haitang Bay Integrated Smart Energy Project The Group has been informed by its supplier that the delivery of some of the key equipment sourced from Europe to the Group for its integrated smart energy project in Haitang Bay (the “Integrated Smart Energy Project”) may be delayed, due to the impact of Covid-19 pandemic. As a result of the unforeseen delay in equipment delivery and despite the construction work of the project which is on schedule to date, the Company is forced to adjust the operation starting time towards early Q3 of 2021 instead of th

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