Fuyao Glass Industry : ANNOUNCEMENT OF INTERIM RESULTS FOR THE SIX MONTHS ENDED JUNE 30, 2017

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.

(A joint stock limited company incorporated in the People's Republic of China with limited liability)

The board of directors (the "Board") of Fuyao Glass Industry Group Co., Ltd. (the "Company") is pleased to announce the unaudited interim results of the Company and its subsidiaries for the six months ended June 30, 2017. This announcement, containing the full text of the 2017 interim report of the Company, complies with the relevant requirements of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange") in relation to information to accompany preliminary announcements of the interim results. The printed version of the Company's 2017 interim report will be dispatched to the holders of H shares of the Company and available for viewing on the websites of the Hong Kong Stock Exchange at http://www.hkexnews.hk and of the Company at http://www.fuyaogroup.com before the end of September 2017.

By order of the Board

Chairman

Fuzhou, Fujian, the PRC, August 5, 2017

As at the date of this announcement, the Board comprises Mr. Cho Tak Wong, Mr. Chen Xiangming and Ms. Sun Yiqun, as executive directors; Mr. Tso Fai, Mr. Wu Shinong and Ms. Zhu Dezhen, as non-executive directors; Ms. Cheng Yan, Ms. Liu Xiaozhi and Mr. Wu Yuhui, as independent non-executive directors.

Fuyao Glass Industry Group Co., Ltd.

Important Notice

1. The Board of Directors, the Board of Supervisors and the directors, supervisors and senior management of the Company warrant that the content of this interim report is true, accurate and complete and does not contain any false representations, misleading statements or material omissions, and severally and jointly accept legal responsibility thereof.

2. Director absent

   Position of absent director Name of absent director Reason for absence Name of proxy Independent non-executive director Liu Xiaozhi On a business trip Wu Yuhui Independent non-executive director Cheng Yan On a business trip Wu Yuhui

3. This interim report has not been audited.

4. Cho Tak Wong, the person-in-charge of the Company, Chen Xiangming, the person-in-charge of accounting and Lin Xuejuan, the head of the accounting department (person-in-charge of accounting), warrant the truthfulness, accuracy and completeness of the financial report in this interim report.

5. Profit distribution plan or plan to convert surplus reserves into share capital approved by the Board during the Reporting Period

   The Company did not formulate the interim profit distribution plan or plan to convert surplus reserves into share capital during the Reporting Period.

6. Risks disclaimer of the forward-looking statements

   The forward-looking statements in this report such as future plans and development strategies do not constitute an actual commitment of the Company to investors. Investors should be aware of the investment risks.

7. Any appropriation of fund by the controlling shareholder and its related parties for non-operating purpose

   No

8. Any provision of external guarantee in violation of the stipulated decision making procedure

   No

9. Material risk alert

   The Company has described details of the possible risks and its countermeasures in this report. Investors are advised to refer to the section of "Section IV Management Discussion and Analysis" in this report for descriptions in respect of the risks we exposed.

10. Others

Not applicable

Interim Report 2017

Section I Definitions 2

Section II Corporate Profile and Principal Financial Indicators 3

Section III Summary of the Business of the Company 9

Section IV Management Discussion and Analysis 11

Section V Significant Events 30

Section VI Changes in Ordinary Shares and Information of 44

Shareholders

Section VII Directors, Supervisors and Senior Management 50

Section VIII Relevant Information of Corporate Bonds 53

Section IX Financial Report 60

Fuyao Glass Industry Group Co., Ltd.

Section I Definitions

In this report, unless the context otherwise requires, the following expressions shall have meanings as follows:

DEFINITIONS OF COMMON TERMS

PRC, China the People's Republic of China

CSRC China Securities Regulatory Commission

SSE The Shanghai Stock Exchange

Hong Kong Stock Exchange The Stock Exchange of Hong Kong Limited

Hong Kong Listing Rules the Rules Governing the Listing of Securities on The Stock Exchange of

Hong Kong Limited

SFO the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong)

Company, Listed Company, Fuyao Glass, Fuyao

Fuyao Glass Industry Group Co., Ltd.

Group Fuyao Glass Industry Group Co., Ltd. and its subsidiaries Board of Directors, Board the board of directors of the Company

Board of Supervisors the board of supervisors of the Company

RMB, RMB1,000, RMB10,000 and

RMB100 million

Renminbi 1 Yuan, Renminbi 1,000 Yuan, Renminbi 10,000 Yuan, Renminbi 100 million Yuan, the lawful currency in circulation in the PRC

PVB polyvinyl butyral

OEM, ancillary business automotive glass and services used in new vehicles of automobile factories

ARG, spare parts and component business

used in aftermarket repairing glass, a kind of automotive glass that is produced for replacement purposes for aftermarket suppliers

laminated glass automotive safety glass made by two or more than two layers of automobile

float glass sticking with a layer or various layers of PVB

tempered glass automotive safety glass made by heating automotive grade float glass to certain temperature, then promptly cooling it down evenly after being shaped

float glass the glass produced by applying float technology

Reporting Period the six months ended June 30, 2017

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