CF Energy Adds 232 Battery Swap Electric Vehicle Taxis As Customers In Sanya City

TORONTO, Aug. 23, 2022 (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”) is pleased to announce that, following a successful bidding process, the Group has signed a three-party exclusive battery swap type electric vehicles (“EVs”) purchase and EV battery swap service cooperating agreement (the “Agreement”) with Sanya Feima Vehicle Operating Management Ltd. Co. (“Feima”) and Hainan Huacheng Minghong New Energy Vehicle Sale and Service Ltd. Co. (“Huacheng”) in Sanya City.

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