StockCode:000055,200055 StockID:FangdaGroup,FangdaB AnnouncementNo.
2012-34
ChinaFangdaGroupCo.,Ltd.
Announcement
ThemembersoftheBoardandtheCompanyacknowledgebeingresponsibleforthe
truthfulness, accuracy, and completenessoftheannouncement.Notanyfalserecord,
misleadingstatementorsignificantomissioncarriedinthisannouncement.
I.Recentwinningofbiddingcompetitionandenteringofcontracts
ShenzhenFangdaDecorationEngineeringCo.,Ltd.–oneofthefully-ownedsubsidiaries,has
woninseveralbiddingcompetitionsincludingJiangsuXihuaDailyNewsCenter,BeijingTarget
andEnvironmentCharacterLab76,ShanghaiJiadingWorkersCultureCenter,Chongqing
WanzhouWandaPlaza,ChengduJinniuWandaPlaza,FuzhouWusibeiTaihePlaza,Fujian
ZhangzhouRongxinHotel,ShandongWeifangandSunny100CityPlaza.FangdNewMaterials
(Jiangxi)Co.,Ltd.–oneofthefully-ownedsubsidiarieshasenteredthecontractwithShenzhen
SoftwareIndustrialBaseforsupplyingofaluminumplates.Thesecontractsaretotalledto
RMB346,321,199.28.
II.InfluenceoftheprojectontheCompany
1.Theabovecontractamountisaccountingfor25.68%oftheturnoverof2011.Implementingof
theseprojectswillcontributetothegrowthoftheCompanyin2012andfollowingyears.However
thefactsincludingprepayment,engineeringprogress,receptance,andsettlementsaredecidedby
theactualsituationofthebothparty,thereforetheirinfluencesonthebusinessperformanceof
2012andfollowingperiodsaredependent.
2.TherearenoassociatedrelationshipsbetweentheCompanyandtheaboveemployers.
3.TheaboveprojectsmakenoinfluencesontheindependencyoftheCompany’sbusiness
operation,andwillnotmaketheCompanydependentontheseprojects.
III.Risksoftheproject
Bothofthepartiesarecapabletoimplementtheproject.Unpredictableorforcemajeurefactorsin
theprocessoftheprojectmaymakeinfluencethough.
IV.Documentsforreference
LetterofAcceptance
Theaboveisfortheattentionoftheshareholders.
ChinaFangdaGroupCo.,Ltd.
TheBoardofDirectors
August7,2012