Core Viewpoint - CF Energy Corp. has appointed WWC, P.C., Certified Public Accountants, as its auditor for the year ended December 31, 2025, based on the recommendation of its audit committee [1]. Company Summary - CF Energy Corp. is an energy provider operating in the People's Republic of China [1]. - The appointment of the new auditor reflects the company's commitment to maintaining high standards of financial reporting and governance [1].

TORONTO, ON / ACCESS Newswire / January 5, 2026 / CF Energy Corp., (TSX-V:CFY) ("CF Energy" or the "Company", together with its subsidiaries, the "Group"), an energy provider in the People's Republic of China (the "PRC") is pleased to announce the following: Green Technology Project Award Recognition: The "District Cooling System Technology" (the "Project") of the Company's controlled subsidiary, EDF Changfeng (Sanya) Energy Co., Ltd. ("EDF CF") has been successfully selected for the "Hainan Province 2025 G ...

Core Insights - CF Energy Corp. has reported its unaudited interim consolidated financial results for the three-month and nine-month periods ended September 30, 2025, indicating a significant decline in revenue and profit compared to the previous year [1][4][11] Financial Performance Summary Q3 2025 Results - Revenue for Q3 2025 was RMB 88.5 million (approx. CAD 17.2 million), a decrease of 30% from RMB 126.9 million (approx. CAD 24.0 million) in Q3 2024 [4] - Gross profit in Q3 2025 was RMB 27.4 million (approx. CAD 5.3 million), down 18% from RMB 33.3 million (approx. CAD 6.3 million) in Q3 2024, with a gross profit margin of 31.0%, an increase of 4.8 percentage points from 26.2% in Q3 2024 [6][7] - Net profit for Q3 2025 was RMB 3.8 million (approx. CAD 0.7 million), a decrease of 11% from RMB 4.3 million (approx. CAD 0.8 million) in Q3 2024 [9] - EBITDA (non-GAAP) for Q3 2025 was RMB 23.2 million (approx. CAD 4.5 million), a decrease of 7% from RMB 24.9 million (approx. CAD 4.7 million) in Q3 2024 [10] Nine-Month 2025 Results - Revenue for the nine-month period ended September 30, 2025, was RMB 292.0 million (approx. CAD 56.6 million), a decrease of 22% from RMB 376.4 million (approx. CAD 71.1 million) in the same period of 2024 [11] - Gross profit for the nine-month period was RMB 77.6 million (approx. CAD 15.0 million), down 5% from RMB 81.6 million (approx. CAD 15.4 million) in the previous year, with a gross profit margin of 26.6%, an increase of 4.9 percentage points from 21.7% in 2024 [13] - Net profit for the nine-month period was RMB 6.4 million (approx. CAD 1.2 million), an increase of 10% from RMB 5.8 million (approx. CAD 1.1 million) in 2024 [16] - EBITDA (non-GAAP) for the nine-month period was RMB 66.2 million (approx. CAD 12.8 million), an increase of 4% from RMB 63.6 million (approx. CAD 12.0 million) in 2024 [18] Company Outlook and Strategic Initiatives - The company aims to transition from a natural gas distributor to a comprehensive clean energy service solutions provider, emphasizing the importance of adapting to regulatory impacts and market dynamics [19] - CF Energy has developed a distributed smart energy ecosystem, integrating smart energy systems and battery swapping networks to enhance energy management and sustainability [20][26] - The company is actively working on projects like the Haitang Bay integrated smart energy project, which utilizes advanced grid technologies for efficient energy distribution [21] - Future initiatives include the integration of demand response systems and the establishment of a virtual power plant model to optimize energy usage and enhance grid services [30][31]

Core Viewpoint - CF Energy Corp. is updating shareholders on its upcoming annual general and special meeting scheduled for November 17, 2025, at 10:00 AM Toronto time, amidst a Canada Post mail strike affecting postal services [1][2]. Meeting Details - The meeting will cover several key purposes, including the consideration of audited financial statements for the year ended December 31, 2024, fixing the number of directors at seven, electing directors, appointing Deloitte Touche Tohmatsu as the auditor, and re-approving the existing long-term incentive plan [8]. - Meeting materials are available electronically on the Company's SEDAR+ profile and website, and shareholders are encouraged to access them online due to potential delays in mail delivery [2][9]. Voting Procedures - Shareholders can vote in advance without attending the meeting, with all proxies required to be submitted by November 14, 2025 [3]. - Registered shareholders have the option to vote online or by telephone, and can obtain their voting control numbers through Computershare [4]. - Beneficial holders must contact their brokerage for specific voting instructions [5]. Financial Statements - The Company has filed its audited financial statements and management discussion and analysis for the years ended December 31, 2024, and 2023, which are available on SEDAR+ [6]. - Physical copies of the financial statements can be requested via email, and will be sent once regular postal service resumes [6][9]. Compliance and Regulations - CF Energy has complied with the filing requirements for proxy-related materials and is relying on exemptions from certain mailing requirements due to the mail strike [7].

Financial Results Summary - CF Energy Corp. reported Q2 2025 revenue of RMB 98.4 million (approx. CAD 19.1 million), a decrease of 2% from RMB 100.4 million (approx. CAD 18.9 million) in Q2 2024 [4][5] - Gross profit for Q2 2025 was RMB 25.6 million (approx. CAD 5.0 million), an increase of 64% from RMB 15.6 million (approx. CAD 2.9 million) in Q2 2024, with a gross profit margin of 26.0% [6][4] - Net profit in Q2 2025 was RMB 1.0 million (approx. CAD 0.2 million), a significant improvement from a net loss of RMB 8.4 million (approx. CAD 1.6 million) in Q2 2024 [9][10] - For the six-month period ended June 30, 2025, revenue was RMB 203.5 million (approx. CAD 39.5 million), down 18% from RMB 249.4 million (approx. CAD 47.0 million) in 1H 2024 [11][12] - Gross profit for 1H 2025 was RMB 50.1 million (approx. CAD 9.7 million), a 4% increase from RMB 48.3 million (approx. CAD 9.1 million) in 1H 2024, with a gross profit margin of 24.6% [13][11] Company Strategy and Outlook - The company aims to transition from a natural gas distributor to a comprehensive clean energy service solutions provider, emphasizing the importance of adapting to market dynamics and regulatory impacts [18] - CF Energy has developed a Distributed Smart Energy Ecosystem, integrating smart energy systems and battery swapping networks to enhance sustainable energy management [19][20] - The company is actively working on projects that utilize advanced grid technologies for real-time energy distribution and monitoring, such as the Haitang Bay integrated smart energy project [20][21] - Future plans include expanding cooperation in energy storage technologies and developing a demand response system to optimize energy usage during peak periods [22][29] Technological Innovations - CF Energy is incorporating IoT and cloud services to create an efficient Energy Management System (EMS) that connects various energy storage technologies [23][24] - The company is leveraging battery swapping technology for new energy vehicles, enhancing energy conservation and cost reduction [21][22] - The integration of traditional natural gas operations with renewable energy components aims to create a flexible and resilient energy system [30][32]

Financial Results - CF Energy Corp. reported unaudited interim consolidated financial results for Q1 2025, showing a revenue of RMB 105.0 million (approx. CAD 20.7 million), a decrease of RMB 44.0 million (approx. CAD 7.3 million) or 30% compared to Q1 2024 [4][5] - Gross profit for Q1 2025 was RMB 24.5 million (approx. CAD 4.8 million), down RMB 8.2 million (CAD 1.3 million) or 25% from RMB 32.7 million (approx. CAD 6.1 million) in Q1 2024, with a gross profit margin of 23.3%, an increase of 1.4 percentage points from 21.9% in Q1 2024 [6][7] - Net profit for Q1 2025 was RMB 1.6 million (approx. CAD 0.3 million), a decrease of RMB 8.3 million (approx. CAD 1.6 million) or 84% from RMB 9.9 million (approx. CAD 1.9 million) in Q1 2024 [10][11] - Adjusted net profit (non-GAAP) for Q1 2025 was RMB 1.4 million (approx. CAD 0.3 million), a decrease of RMB 8.5 million (approx. CAD 1.6 million) or 85% from RMB 9.9 million in Q1 2024 [10] - EBITDA for Q1 2025 was RMB 21.9 million (approx. CAD 4.3 million), a decrease of RMB 7.7 million (approx. CAD 1.3 million) or 26% from RMB 29.6 million (approx. CAD 5.6 million) in Q1 2024 [12] Company Strategy and Outlook - The company aims to transition from a natural gas distributor to a comprehensive clean energy service solutions provider, emphasizing the importance of evolving in response to regulatory impacts and market dynamics [13] - CF Energy has developed a distributed smart energy ecosystem, integrating smart energy systems and battery swapping networks to enhance sustainable energy management [14][19] - The company is actively working on projects like the Haitang Bay integrated smart energy project and the Meishan project, which utilize advanced grid technologies for real-time energy distribution [15][21] - CF Energy is also focusing on electrochemical energy storage and battery swapping for new energy vehicles, enhancing system stability and flexibility [16][17] Technological Integration - The company is collaborating with partners in IoT and cloud services to create an efficient energy management system (EMS) that connects various energy storage technologies [18] - The EMS will utilize real-time data collection and machine learning to optimize energy production and distribution, reducing waste and increasing reliability [19] - CF Energy's vision includes integrating demand response systems, allowing users to adjust energy usage during peak periods and participate in energy trading [23][24]

TORONTO, May 13, 2025 (GLOBE NEWSWIRE) -- CF Energy Corp. (TSX-V: CFY) (“CF Energy” or the “Company”, together with its subsidiaries, the “Group”), a leading clean energy service provider in the People’s Republic of China (the ”PRC” or “China”) is pleased to announce the following: Ms. Ling Cao, Chief Financial Officer of the Company (“CFO”) tendered her resignation as CFO with effect from May 12, 2025 but will continue to serve the Group at the subsidiary level. After careful consideration, the board of di ...

Financial Performance - Revenue for the year ended December 31, 2024, was RMB520.0 million (approx. CAD99.0 million), an increase of RMB86.0 million (approx. CAD16.2 million), or 20%, from RMB434.0 million (approx. CAD82.8 million) in 2023 [3] - Gross profit in 2024 was RMB134.6 million (approx. CAD25.6 million), an increase of RMB15.3 million (CAD2.8 million) or 13% from RMB119.3 million (approx. CAD22.8 million) in 2023, with a gross profit margin of 25.9%, down from 27.5% in 2023 [4] - Net profit for 2024 was RMB16.9 million (approx. CAD3.2 million), an increase of RMB13.9 million (approx. CAD2.6 million) from RMB3.0 million (approx. CAD0.6 million) in 2023, reflecting a 467% increase [5] - EBITDA for 2024 was RMB103.9 million (approx. CAD19.8 million), an increase of RMB31.7 million (approx. CAD6.0 million), or 44%, from RMB72.2 million (approx. CAD13.8 million) in 2023 [7] Business Transformation - CF Energy has transitioned from a traditional natural gas company to a district energy solutions provider, with the Sanya Haitang Integrated Smart Energy Project now operational and expanding its customer base [8] - The company operates a battery swap station network, aiming to test the viability of district energy storage through this initiative, enhancing its expertise in storage-related technology [9] - The company envisions a smart energy centralized cooling system for hotels and battery swap stations, functioning as a virtual power plant to provide grid services such as peak shaving and load balancing [10][22] Strategic Outlook - The company aims to become the largest clean energy service solutions provider and carbon asset management company in Hainan, recognizing the need to evolve beyond being a natural gas distributor [12] - CF Energy is developing a distributed smart energy ecosystem that integrates various energy storage technologies and energy management systems to enhance sustainability and efficiency [13][17] - The company is working on integrating a demand response system to optimize energy usage during peak periods, allowing for real-time monitoring and control of energy flows [23]