Fufeng Group Limited — Earnings Release 2009

Jul 2, 2009

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

==> picture [74 x 57] intentionally omitted <==

Fufeng Group Limited 阜豐集團有限公司

(incorporated in the Cayman Islands with limited liability)

(Stock code: 546)

PROFIT GROWTH

The Board wishes to inform the shareholders of the Company and investors that based on its preliminary unaudited management accounts for the five months ended 31 May 2009 and the conditions of the Group’s business operation in June 2009, the Group’s unaudited profit attributable to the shareholders for the six months ended 30 June 2009 is expected to be higher than the Group’s profit attributable to the shareholders for the year ended 31 December 2008.

Shareholders of the Company and investors are advised to exercise caution when dealing in the shares of the Company.

This announcement is made pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

The board of the directors (the “ Board ”) of Fufeng Group Limited (the “ Company ”, and together with its subsidiaries, the “ Group ”) wishes to inform the shareholders of the Company and investors that based on the Group’s preliminary unaudited management accounts for the five months ended 31 May 2009 and the conditions of the Group’s business operation in June 2009, the Group’s unaudited profit attributable to the shareholders for the six months ended 30 June 2009 (the “ Period ”) is expected to be higher than the Group’s profit attributable to the shareholders for the year ended 31 December 2008, which is mainly due to market consolidation and continued improvement in the business environment, which led to enable the group to achieve sales volume increased at relatively stable selling price level and the increase in gross profit margin. For information purpose, the Group’s unaudited profit attributable to the shareholders for the six months ended 30 June 2008 and the Group’s audited profit attributable to the shareholders for the year ended 31 December 2008 were approximately RMB85.86 million and RMB294.7 million respectively.

– 1 –

This announcement is derived from the preliminary calculations of the Company’s management based on the Group’s unaudited management accounts and business conditions. As such draft management accounts have not yet been finalized and will be subject to further review and approval by the Board, the information contained in this announcement is only a preliminary estimate of the Company. Detailed financial results of the Group for the Period will be disclosed in the interim results announcement and interim report which are expected to be published in August 2009.

Shareholders of the Company and investors are advised to exercise caution when dealing in the shares of the Company.

By order of the Board Fufeng Group Limited Li Xuechun Chairman

Shandong, the PRC 2 July 2009

As at the date of this announcement, the executive directors of the Company are Mr. Li Xuechun, Mr. Wang Longxiang, Mr. Wu Xindong, Mr. Feng Zhenquan, Mr. Xu Guohua, Mr. Li Deheng, Ms. Li Hongyu and Mr. Gong Qingli and the independent non-executive directors of the Company are Mr. Choi Tze Kit, Sammy, Mr. Chen Ning and Mr. Liang Wenjun.

– 2 –