Stock Code: 000055, 200055 Stock ID: Fangda Group, Fangda B Announcement No. 2010-43

    China Fangda Group Co., Ltd.

    Resolutions of the 25th Meeting of the 5th Term of Board

    The members of the Board and the Company acknowledge being responsible for the truthfulness, accuracy, and completeness of the announcement. Not any false record, misleading statement or significant omission carried in this announcement.

    The Board of Directors of China Fangda Group Co., Ltd. (“The Company” hereinafter) called for the meeting in terms of written and fax on December 10, 2010. The 25th meeting of the 5th term of Board of Directors was held in the meeting room of the Company in the afternoon of December 23, 2010. 6 of the 7 directors presented the meeting, director Wang Shenguo absented the meeting for business engagement, and he entrusted independent director Xiong Jianwei to vote on the meeting on his behalf. The meeting was complying with the provisions of the Company Law and the Articles of Association of the Company. Chairman Xiong Jianming hosted the meeting. The resolutions were adopted to approve some related transactions, the Board of Directors added lines to fulfill the decision process of the above related transactions. The independent directors provided their independent opinions on the related transactions. For details of the transactions please see the “Announcement of Related Transactions of China Fangda Group Co., Ltd.”. The Resolution need not submitted to Meeting of Shareholders for approval.

    Voting results: 7 votes in favor, 0 objection, 0 waive.

    The above is for the attention of all shareholders of the Company.

    China Fangda Group Co., Ltd.

    The Board of Directors

    December 25, 2010