Stock Code: 000055, 200055                                 Stock ID: Fangda Group, Fangda B
Announcement No. 2011-10

                          China Fangda Group Co., Ltd.
        Resolutions of the 1st Meeting of the 6th 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) delivered
the meeting circulars by means of written and fax notices on March 14, 2011. The 1st meeting of
the 6th term of Board of Directors was held in the meeting room of the Company in the morning of
March 25, 2011. 6 of the 7 directors presented the meeting. Director Mr. Xiong Jianwei absented
due to business engagement. He entrusted director Mr. Wang Shengguo to vote on his behalf. The
meeting is complying with the provisions set out by the Company Law and the Article of
Association of the Company. Director Xiong Jianming was proposed by the directors at the
meeting to host the meeting. The following resolutions were adopted:
1. To elect Mr. Xiong Jianming Chairman of the 6th term of Board with same term of the Board;
2. To employ the executives with same term of the Board;
(1) To engage Mr. Xiong Jianming President of the Company;
(2) As proposed by Chairman Xiong Jianming, Mr. Zhou Zhigang was engaged the secretary of
Board;
(3) As proposed by Chairman Xiong Jianming, Mr. Wang Shengguo, Mr. Yang Xiaozhuan, and Mr.
Lin Kebin were engaged the Vice Presidents of the Company. Mr. Lin Kebin was also engaged the
Chief Finance Officer of the Company.
3. The proposal of remuneration scheme for the 6th term of executives.
Remuneration scheme for executives is a combination of wage and performance bonus. According
to the practical situation of the Company and with reference to the general conditions of the
industry, the annual remunerations for president level will range from RMB600 thousand to
RMB1.5 million, for vice president and managerial level will range from RMB250 thousand to
RMB800 thousand.
4. To elect Mr. Xiong Jianming the head of Strategy Committee, Ms. Shao Hanqing, Mr. Huang
Yaying, and Mr. Zhou Zhigang were elected commissioner of the Strategy Committee with the
same term of the 6th term of Board.
5. To elect Mr. Guo Jinlong the head of Auditing Committee, Mr. Huang Yaying, and Mr. Wang
Shengguo were elected commissioners of the Auditing Committee with the same term of the 6th
term of Board.
5. To elect Mr. Shao Hanqing the head of Remuneration and Assessment Committee, Mr. Guo
Jinlong, and Mr. Xiong Jianwei were elected commissioners of the Remuneration and Assessment
Committee with the same term of the 6th term of Board
7. Proposal to temporarily use the idle capital raised from share issuing to support working capital
once again.
It was proposed that, since the date when it was approved by the Board meeting, the Company is
about to temporarily use RMB30 million raised from share issuing to support working capital once
again with term not longer than six months. This will neither change the proposed applications of
the capital raised nor influence the progress of the proposed projects. As of March 22, 2011, the
Company has returned the RMB30 million used last time back to the special account for capital
raised from share issuing. And the sponsoring body and its representative were informed about the
situation.
Mr. Xiong Jianming, Mr. Wang Shengguo, and Mr. Zhou Zhigang waived from voting of proposal
3 above, which was passed with 4 votes in favor, 0 objection, and 0 waive. The other proposals
were passed with 7 votes in favor, 0 objection and 0 waive.


The above is for the attention of the shareholders.
                                                            China Fangda Group Co., Ltd.
                                                                 The Board of Directors
                                                                     March 26, 2011




Attachment: Profiles of the senior executives of the 6th term
1. Mr. Xiong Jianming: PHD in Business Administration; senior engineer; part-time professor of
Beijing Institute of Civil Engineering and Architecture and Nanchang University. He was once
employed by Jiangxi Provincial Machinery Design Academe, Administration Bureau of Shekou
District of Shenzhen government, etc. He’s now assuming Chairman of the Board and President of
our company, Deputy to the 10th People’s Congress of Guangdong Province, Deputy to the 3rd
People’s Congress of Shenzhen City, member of Commission of Legislative Affairs, Deputy
Director of China Construction Metal Structure Association, Deputy Director of Shenzhen League
of Industry and Economy, Chief Director of Shenzhen Semiconductor Lighting Industry
Commission, and Honorary Chairman of Shenzhen Nanshan Charity Society. He is related to the
controlling shareholder and substantial controller of the Company, and is holding 68,647 of the
Company’s shares. He’s not involving in any situation that restricted by the Company Law or
other regulations from being the director of an public listed company.
2. Mr. Wang Shengguo: age 54, postgraduate, Visiting Scholar of Germany University of Essen,
senior engineer. Had been team leader of the 2nd Large Mechanism Factory of Mechanism
Department, now is the Company’s director and vice chairman. He has related contact with the
Company, has 24,191 shares of the Company’s stock. He’s not involving in any situation that
restricted by the Company Law or other regulations from being the director of an public listed
company.
3. Mr. Yang Xiaozhuan, 58 of age, bachelor’s degree, senior engineer. Used to work for Hubei
Machinery Industry Department, Chief of Hubei No.2 Machine Tool Plant, and Vice General
Manager of Shenzhen Jinxin Investment Co., Ltd. At present he’s the vice president, chief
technical officer, manager of Enterprise Administration Department. He is related to the
Company, and holds no shares of the Company. He’s not involving in any situation that restricted
by the Company Law or other regulations from being the director of an public listed company.
4. Mr. Zhou Zhigang, 49 of age, Bachelor’s degree. At present he’s the director, secretary of the
Board, chief of Securities Department. He is related to the Company, and holds no shares of the
Company. he’s not involving in any situation that restricted by the Company Law or other
regulations from being the director of an public listed company.
5. Mr. Lin Kebin: Male, age 34, Bachelor’s degree. Now is the Company’s director. At present
he’s the vice president and chief finance officer of the Company. He is related to the Company,
and holds no shares of the Company. he’s not involving in any situation that restricted by the
Company Law or other regulations from being the director of an public listed company. .