Stock Code: 000055, 200055    Stock ID: Fangda Group, Fangda B
                          Announcement No.: 2012-38


                           China Fangda Group Co., Ltd.
                    Correction of Errors in Interim Report 2012

The directors, 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 Company released the Interim Report 2012 Summary by Securities Times, China
Securities Journal, Shanghai Securities Daily, Hong Kong Commercial Daily and
http://www.cninfo.com.cn on July 28, 2012. A typing error was found thereafter, and
corrected as the followings:
Original: Main accounting data and financial indicies

                                                                 Increase/decrease
                              Report term       Same period
                                                                 over same period
                               (Jan-Jun)          last year
                                                                  of last year(%)

  Diluted earnings per
                                 0.02                 0.06           66.67%
  share (Yuan/share)



Corrected as: Main accounting data and financial indicies

                                                                 Increase/decrease
                              Report term       Same period
                                                                 over same period
                               (Jan-Jun)          last year
                                                                  of last year(%)

  Diluted earnings per
                                 0.02                 0.06           -66.67%
  share (Yuan/share)

The     corrected    Interim  Report   2012     Summary       is   available   at
http://www.cninfo.com.cn , and the Company is terribly sorry for the inconvenient
brought to the shareholders.
The above is for the attention of the shareholders.




                                                China Fangda Group Co., Ltd.
                                                      The Board of Directors
                                                         August 18, 2012