Stock Code: 000055, 200055 Stock ID: Fangda Group, Fangda B Announcement
No. 2011-19


                             China Fangda Group Co., Ltd.
                     Announcement of Business Growth Forecast


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. Forecasting of business performance of the current term
    1. Type of prediction: successive increase
    2. Descriptions of the prediction:
                                                              Same period last
                                  Current report term
                                                                   year          Changed by
          Items
                                                                (January 1 –       (%)
                              (January 1 – June 30 2011)
                                                               June 30 2010)
Net profit attributable to
                               Approximately RMB43              RMB33.61         30%—50% of
 the owners of parent
                              million to RMB50.5 million         million           increase
       company

Basic earnings per share          RMB0.056—0.067               RMB0.074


    II. Audition on the business performance forecast
    This performance forecast is not audited by a CPA.
    III. Causation of change in business performance
     Main business turnover increases, and business performance increases by
synchronize.
    IV. Remarks
      Capitalizing of common capital reserves was carried out in the report term,
which made major change in stock amount. Therefore it is incomparable with the
basic earnings per share of same period of last year. Detailed information about the
interim business performance of 2011 will be available in the Interim Report 2011.
Investors shall pay attention to the risks attached to investment.
    The above is for the attention of the shareholders.


                                                          The Board of Directors of
                                                        China Fangda Group Co., Ltd.
                                                                 July 5 2011