方 大B:公告(英文版)2011-04-13
Stock Code: 000055,200055 Stock ID: Fangda Group, Fangda B Announcement No.
2011-14
China Fangda Group Co., Ltd.
Announcement
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.
I. Entering of contracts and winning of bidding competitions recently
Shenzhen Fangda Decoration Engineering Co., Ltd. – one of the fully-owned subsidiaries of the
Company has recently signed the curtain wall engineering contract of Erduosi International Trade
Town and won in bidding competition for Shenzhen Zhongguanghe Building. The two projects are
totaled to RMB155,065,812.20.
II. Influence of the project on the Company
1. The above contracts are accounted for 13.35% of the turnover of 2010. Executing of these
contracts will contribute to increasing of profit in 2011 and succeeding years. However it is
dependent on the actual practice of the contracts regarding prepayment, engineering process,
receiving, and clearance, etc. Thus the influence on the Company’s business performance of 2011
and succeeding years shall be dependent on the actual results.
2. There are no associated relationships between the Company and the above employers.
3. The above projects make no influences on the independency of the Company’s business
operation, and will not make the Company dependent on these projects.
III. Risks of the project
Both of the parties are capable to implement the project. Unpredictable or force majeure factors in
the process of the project may make influence though.
IV. Documents for reference
Contracts and Notification for Winner of Bidding
The above is for the attention of the shareholders.
The Board of Directors of
China Fangda Group Co., Ltd.
April 14, 2011