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Fuwei Films Announces Date of Second Quarter 2007 Results and Conference Call

2007-07-09 11:12 805

BEIJING, July 9 /Xinhua-PRNewswire-FirstCall/ -- Fuwei Films (Holdings) Co. Limited (Nasdaq: FFHL), China's leading manufacturer and distributor of high quality BOPET plastic film, today announced it will release financial results for the second quarter ended June 30, 2007 on Thursday, July 26, 2007. The financial results will be released over the news wires and will be posted to the Fuwei Films Web site.

The Company will host a conference call, to be simultaneously Webcast, on Thursday, July 26, 2007 at 9:00 a.m. Eastern Time / 9:00 p.m. Beijing Time. A question and answer session will follow management's presentation. To participate, please call the following numbers ten minutes before the hour:

Phone Number +1 (877) 407-9205 (North America)

Phone Number +1 (201) 689-8054 (International)

A live Webcast of the conference call will be available on the Fuwei Films Web site at www.fuweiholdings.com. Please visit the Web site at least 15 minutes early to register for the Webcast and download any necessary audio software.

A replay of the call will be available through August 10, 2007.

Please call:

Phone Number +1 (877) 660-6853 (North America)

Phone Number +1 (201) 612-7415 (International)

Account Number: 286

Conference ID Number: 247849

About Fuwei Films

Fuwei Films conducts its business through its wholly owned subsidiary Shandong Fuwei Films Co., Ltd. ("Shandong Fuwei"). Shandong Fuwei develops, manufactures and distributes high quality plastic films using the biaxial oriented stretch technique, otherwise known as BOPET film (biaxially oriented polyethylene terephthalate). Fuwei's BOPET film is widely used to package food, medicine, cosmetics, tobacco and alcohol, as well as in the imaging, electronics, and magnetic products industries.

For more information about the Company, please visit the Company's website at http://www.fuweiholdings.com or review the Company's annual report and other documents at http://www.sec.gov .

This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve risk and uncertainties that could cause actual results to differ materially from any future results described by the forward-looking statements. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company's reports filed with the Securities and Exchange Commission. The forward-looking information provided herein represents the Company's estimates as of the date of the press release, and subsequent events and developments may cause the Company's estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this

forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this press release.

The forward-looking statements included in this press release are subject to risks, uncertainties and assumptions about our businesses and business environments. These statements reflect our current views with respect to future events and are not a guarantee of future performance. Actual results of our operations may differ materially from information contained in the forward-looking statements as a result of risk factors some of which are include, among other things, competition in the BOPET film industry; growth of, and risks inherent in, the BOPET film industry in China; uncertainty as to future profitability and our ability to obtain adequate financing for our planned capital expenditure requirements; uncertainty as to our ability to continuously develop new BOPET film products and keep up with changes in BOPET film technology; risks associated with possible defects and errors in our products; uncertainty as to our ability to protect and enforce our intellectual property rights; uncertainty as to our ability to attract and retain qualified executives and personnel; and uncertainty in acquiring raw materials on time and on acceptable terms, particularly in view of the volatility in the prices of petroleum products in recent years.

Contacts:

In China: In the US:

Christina He Mark Jones

Investor Relations Global Consulting Group

fuweiIR@fuweifilms.com mjones@hfgcg.com

+86 10-8518-5620 +1 646-284-9414

Source: Fuwei Films Holdings Limited
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