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

                                             2014-31



             Announcement of China Fangda Group Co., Ltd.

     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.
     I. Project and bid profile
     Shenzhen Fangda Jianke Group Co., Ltd., a wholly-owned subsidiary of the Company has
won curtain wall bids in Shenzhen National GENEBANK Building and BIOBANK Building
(Phase I), and has signed contracts for curtain wall engineering projects in the Shenzhen Gangxia
Heyuan District Urban Village Renovation Project, Wuhan Lianfa Jiudu International Building
No.7 and 8, and the Xizhilang Terminal of the Haikou Meilan International Airport.
     Fangda New Material (Jiangxi) Co., Ltd., wholly-owned subsidiary of the Company, has
secured an aluminum plate supply contract for the Kunming Color Yunnan Flower City project.
     II. Impacts of the projects on the Company
     1. The contract amount of the above-mentioned projects totals RMB131,788,762.96 and
accounts for 7.54% of the Company's revenue in 2013. The project term ranges between 6 and 18
months. These projects will largely propel the Company's revenue growth in 2014 and following
years. However, given factors including prepayment, engineering, acceptance and settlement, the
impacts depends on both parties' performance of the contracts. Therefore, impacts on the
Company's business in 2014 and following years are subject to actual implementation of the
projects.
     2. The Company and its counterparts in the above-mentioned projects are not related parties.
     3. These projects will not affect the Company's business independence. The Company will
not depend on its counterparts in the above-mentioned projects.
     4. Given factors including prepayment, engineering, project progress, material costs,
acceptance and settlement, the projects may bring uncertainties for the Company's fiscal position.
     III. Risk analysis
   Both parties in the projects have the capability to perform the contract. However, the
implementation of the projects may be affected by unforeseeable factors or force majeure.
     IV. Reference
Bid winning notices
The above is for the attention of the shareholders.
                                      Board of Directors of China Fangda Group Co., Ltd.
                                                                 May 27, 2014