Stock Code: 000055, 200055                                Stock ID: Fangda Group, Fangda B

Announcement No. 2012-29

                           China Fangda Group Co., Ltd.

          Resolutions of the 12th 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) served the notices
of convening the board meeting by facsimile and writing on July 1, 2012. The 12th meeting
of the 6th term of Board was held in term of telecommunication voting. It was complying
with the provisions of the Company Law and the Articles of Association. The following
proposals were examined and adopted as resolutions with all seven votes in favor:
1. The proposal of “Rewarding Plan to Shareholders in Coming Three Years (2012-2014)”
The “Rewarding Plan to Shareholders in Coming Three Years (2012-2014)” is published on
www.cninfo.com.cn dated July 5, 2012.
2. The proposal to revise the Articles of Association.
The proposal to revise the Articles of Association is published on www.cninfo.com.cn dated
July 5, 2012.
3. The proposal to provide guarantee for the fully-owned subsidiary;
The Company is about to provide Shenzhen Fangda Decoration Engineering Co., Ltd. – the
fully owned subsidiary, the guarantee for RMB30 million of integrated credit from China
Construction Bank Shenzhen Branch, the actual term will be decided by the contract entered
with the bank.
The legal representative of the Company is authorized to handle the relative procedures and
enter contracts and documents.
4. The proposal to call up the 3rd Provisional Shareholders’ Meeting 2012
The Company has decided to call up the 3rd provisional shareholders’ meeting 2012 on July
20, 2012, the public notice is available at http://www.cninfo.com.cn dated July 5, 2012.
The above proposal 1-3 are subject to examination at the 3rd Provisional Shareholders’
Meeting 2012, among with proposal 2 and 3 are only adopted as special resolutions.
The above is for the attention of the shareholders.
                                                      The Board of Directors of
                                                 China Fangda Group Co., Ltd.
                                                            July 5, 2012