China Overseas Nuoxin International Holdings Limited Officially Changes Name

HONG KONG,July 10,2019 -- China Overseas Nuoxin International Holdings Limited ("China Overseas Nuoxin" or the "Group",stock code: 464.HK) is pleased to announce that the English name of the Company has been changed from "Kenford Group Holdings Limited" to "China Overseas Nuoxin International Holdings Limited" and the dual foreign name in Chinese has been changed as well. The Group's market opening ceremony ("MOC") was held at the Connect Hall ofHong Kong Stock Exchange on July 10. Attendees included leaders,guests and industry executives from Mainland China and Hong Kong,and the Company's board of directors and senior management. The full audience reflected the broad support for the Company and its new identity and direction.

China Overseas Nuoxin’s board of directors and senior management joined market opening ceremony (“MOC”) at the Hong Kong Stock Exchange.

The highlight of the MOC was a speech by Ms. Cai Dong Yan,Executive Director and Chief Executive Officer of China Overseas Nuoxin. Ms. Cai first represented the Company's board of directors to thank leaders,shareholders,partners,and employees at all levels for participating in the ceremony marking a new milestone in the Company's history. She then unveiled the new identity and branding of China Overseas Nuoxin,which reflects the Company's recent efforts to integrate more high quality resources within its business,as well as capture new opportunities within the Chinese financial market to generate more lucrative returns for shareholders.

Following the speech,members of the board of directors struck ceremonial gongs to open the market,symbolizing China Overseas Nuoxin's new voyage. After the MOC,the Company's board and management team joined a celebratory reception with the guests present.

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