Stock Code: 000055, 200055 Stock ID: Fangda Group, Fangda B Announcement No. 2011-24




                       China Fangda Group Co., Ltd.
Announcement on Returning of Capital Raised by Share Issuing
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 “Proposal on temporarily using the capital raised from private issuing of A shares
to support the working capital” was adopted at the 1st meeting of the 6th term of
Board of China Fangda Group Co., Ltd. held on March 25. According            to     the
proposal, the Company has decided to continue using RMB30 million of idle capital
to support the need of working capital. The period would not be over six months and
would be returned to the special account for the capital raised on due.
As of August 19, 2011, the Company has returned the RMB30 million to the special
account for the capital raised. The sponsoring organization and representative of the
sponsoring organization have been informed this fact.

The above is for the attention of the shareholders.




                                                China Fangda Group Co., Ltd.
                                                      The Board of Directors
                                                         August 20, 2011