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.

This announcement does not constitute an offer to sell or the solicitation of an offer to buy any securities in the United States or any other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No securities may be offered or sold in the United States absent registration or an applicable exemption from registration requirements. Any public offering of securities to be made in the United States will be made by means of a prospectus. Such prospectus will contain detailed information about the company making the offer and its management and financial statements. The Company does not intend to make any public offering of securities in the United States.

Fufeng Group Limited

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 546) Overseas Regulatory Announcement PARTIAL REDEMPTION OF SENIOR NOTES DUE 2016

Reference is made to the announcement of Fufeng Group Limited (the "Company") dated 6

April 2011 (the "2011 Announcement") in relation to the issuance of 7.625% senior notes due 2016 (the "Notes"). Unless otherwise defined, capitalized terms used herein shall have the same meanings as defined in the 2011 Announcement.

Pursuant to the terms of the indenture dated as of 13 April 2011 (as amended or supplemented from time to time, the "Indenture"), among the Company, the entities set forth in Schedule I thereto as Subsidiary Guarantors and Citicorp International Limited, as trustee (the "Trustee"), entered into in connection with the issuance of the Notes, the Company announces today that it has informed the Trustee and holders of the Notes that an aggregate principal amount of US$70,000,000 of outstanding Notes will be redeemed on September 25, 2015 (the "Redemption Date") at a redemption price equal to 101.90625% of the principal amount thereof, plus accrued and unpaid interest, if any, on such Notes to (but not including) the Redemption Date (the "Redemption Price").

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The Company will satisfy the payment of Redemption Price using funds raised from banking facilities and internal resources.

Upon redemption on the Redemption Date, all redeemed Notes will be cancelled.

On behalf of the Board Fufeng Group Limited Li Xuechun

Chairman

Hong Kong, 28 August 2015

As at the date of this announcement, the executive directors of the Company are Mr. Li Xuechun, Mr. Wang Longxiang, Mr. Feng Zhenquan, Mr. Xu Guohua, Mr. Li Deheng and Mr. Li Guangyu and the independent non-executive directors of the Company are Mr. Choi Tze Kit, Sammy, Mr. Qi Qingzhong and Ms. Zheng Yu.

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