方大A第四届董事会第一次会议决议公告(英文版)

Stock Code: 000055， 200055 Stock ID: Fangda A， Fangda B Announcement No. 2005-14

China Fangda Group Co.， Ltd.

The Resolutions of the 1st Meeting of the 4th Term of

Board of Directors

The management of the Company and members of the Board hereby declare to be responsible

for the truthfulness， accuracy， and integrity of this announcement and will take related liabilityfor any false record， misleading statements or significant omission exist in the announcement.The Board of Directors of China Fangda Group Co.， Ltd. (“the Company” hereinafter) issuedthe meeting notification in terms of written and fax on May 17th 2005. The 1st meeting of the

4th term of Supervisory Committee was held in the morning of May 27th 2005. All of the 7

directors presented the meeting， which is complying with the provisions set out by the

Company Law and the Article of Association of the Company. The meeting was presided by

Mr. Xiong Jianming， and the resolutions were adopted by the meeting as the followings:I. Mr. Xiong Jianming was elected the Chairman of the 4th Board of Directors;

II. Mr. Xiong Jianming was elected the President of the Company;

III. As nominated by President Xiong Jianming， approved Mr. Zhu Weiping， Mr. WangShenguo， and Mr. Yang Xiaozhuan as the Vice President of the Company;IV. It has been decided that the vacancy of Chief Financial Officer will be filled

temporarily by the General Manager of Financial Clearance Center.V. It has been approved to provide joint liability guarantee to Shenzhen Fangda

Decoration Engineering Co.， Ltd. (full subsidiary of the Company) for RMB80 million

of loans (including interests and relative expenses) from Shenzhen Nanyuan Branch of

Guangdong Development Bank Co.， Ltd.VI. It has been approved that the Company will make additional investment of RMB47.50

million on Shenzhen Fangda Decoration Engineering Co.， Ltd.， which is one of thefully controlled subsidiaries of the Company.

All of the above resolutions are passed by 7 affirmative votes， 0 objection， and 0 waive.

The opinion of the Independent Directors: All of the independent directors thought the above

mentioned person are qualified for the senior executive positions in a public company. The

engaging procedures are complying with related laws， regulations and the provision of the

Article of Association. Therefore the Board of Directors agree with the above engagement of

senior executives.The above is for the attention of the shareholders.

Attached: Resume of the senior executives.

The Board of Directors of

China Fangda Group Co.， Ltd.

May 28， 2005

Attachment: Resume of the senior executives.

Mr. Xion Jianming， doctorial degree， senior engineer， part -time lecturer of Beijing Architecture

Engineering College and Nanchang University. He used to be serve Jiangxi Machinery

Institute， Shekou Administrative Bureau of Shenzhen Government. At present he is theChairman and President of the Company， delegate of Guangdong Provincial People’s Congress，vice Chairman of China Architecture Metal Structure Association， vice Chairman of ShenzhenIndustrial Economic Association.Mr. Zhu Weiping， master degree， he is currently the director， vice President and Chairman ofthe Worker’s Union of the Company.Mr. Wang Shengguo， master degree， visiting scholar of University of Essen (German)， seniorengineer. He used to be in the position of Chief Engineer of the Researching Division of the 2nd

Heavy Machine Factory under National Machinery Industry Ministry. He is now the director

and vice president of the Company.Mr. Yang Xiaozhuan， bachelor degree， senior engineer. He used to serve Hubei ProvincialMachinery Department and worked as the chief director of Hubei No.2 Machine Tools Factory，and vice General Manager of Shenzhen Jinxin Investment Co.， Ltd. Currently he is the vicePresident of the Company.Mr. Zhou Zhigang， bachelor degree， he used to be the director of marketing and salesdepartment and vice director of enterprise administrative department of the Company. He is

now the secretary of Board， director of Securities Affairs， and chief of Public Relationship

Department of the Company.