Hoifu Energy Group Limited announced audited consolidated earnings results for the year ended December 31, 2012. For the year, the company reported revenue of HKD 18,974,000 against HKD 30,949,000 a year ago. Loss before taxation was HKD 21,777,000 against HKD 371,024,000 a year ago. Loss for the year attributable to owners of the company was HKD 21,265,000 against HKD 270,281,000 a year ago. Basic loss per share was HKD 0.0281 against HKD 0.4244 a year ago.

Hoifu Energy Group Limited appoints company secretary Fu Wing Kwok and executive director Chui Say Hoe effective from December 21, 2012 and resignation of position director Chairman Lam Kwok Hing effective March 21, 2013.

Hoifu Energy Group Limited announced that Dr. Yukio Hatoyama has been appointed as the Honorary Chairman and a Senior Consultant of the company respectively with effect from March 21, 2013. Dr. Hatoyama first elected to the House of Representatives of Japan in 1986. He held office as a member in the House of Representatives for the eighth consecutive term. Hatoyama became the President of Democratic Party of Japan, the main opposition party in Japan, in May 2005.