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Fuwei Films Announces Fourth Quarter and Full Year 2007 Financial Results
Date:4/14/2008

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.

For more information, please contact:

In China:

Christina He

Investor Relations

Tel: +86-10-8518-5620

Email: fuweiIR@fuweifilms.com

In the U.S.:

Leslie Wolf-Creutzfeldt

Investor Relations

The Global Consulting Group

Tel: +1-646-284-9472

Email: lwolf-creutzfeldt@hfgcg.com

Financial Tables to Follow

FUWEI FILMS (HOLDINGS) CO., LTD and SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

As of December 31, 2006 and 2007

(Audited, amounts in thousands, except share and per share data)

2,006 2,007

RMB RMB US$

Assets

Current assets

Cash 249,939 30,909 4,237

Restricted cash 3,311 64,909 8,898

Accounts receivable, net 75,530 58,195 7,978

Inventories 23,783 41,670 5,712

Prepayments and other receivables 19,438 16,160 2,215

Deferred expenses --
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SOURCE Fuwei Films (Holdings) Co. Limited
Copyright©2008 PR Newswire.
All rights reserved

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