Stock Code: 000055, 200055 Stock ID: Fangda Group, Fangda B Announcement No. 2013-23

                           China Fangda Group Co., Ltd.

       Resolutions of the 22nd Meeting of the 6th Term of Board


     The members of the Board and the Company guarantee that the announcement is free from

any false information, misleading statement or material omission and are jointly and severally

liable for the information’s truthfulness, accuracy and integrity.

      The Board of Directors of China Fangda Group Co., Ltd. (the “Company”)
issued this meeting notice in writing and fax. The 22nd meeting of the 6th Term of
Board was convened on August 8, 2013 to vote by correspondence in accordance with
the Company Law and Articles of Association. Seven out of the seven directors voted
for none voted against it and waived the vote to approve the following proposals:
      1. Report on Deposit and Use of the Raised Fund in the First Half of 2013 of
China Fangda Group Co., Ltd.
      The Report on Deposit and Use of the Raised Fund in the First Half of 2013 of
China Fangda Group Co., Ltd. is released on CNINFO (http://www.cninfo.com.cn).
      2. Proposal on providing guarantee for the Company’s fully-owned
subsidiaries
      (1) The Company plans to provide guarantee for Shenzhen Fangda Decoration
Co., Ltd.’s application for integrated bank credit of RMB200 million to Shenzhen
Branch, CITIC, with a term of one year. The specific amount and term are subject to
the contract signed with the bank;
      The Company plans to provide guarantee for Shenzhen Fangda Automation Co.,
Ltd.’s application for integrated bank credit of RMB100 million to Shenzhen Branch,
CITIC, with a term of one year. The specific amount and term are subject to the
contract signed with the bank;
      The Company authorizes the legal representative to make guarantee for the
above-mentioned applications and enter into sign related contracts and documents.
      The second proposal must be submitted to the General Shareholders’
Meeting, of which the date will be announced later.
      The above is for the attention of the shareholders.
China Fangda Group Co., Ltd.
       Board of Directors
        August 10, 2013