Fuwei Films' BOPET Film Selected as Outstanding Brand in Plastic Packaging Industry in China

  Fuwei Films' BOPET Film Selected as Outstanding Brand in Plastic Packaging
                              Industry in China

PR Newswire

BEIJING, Oct. 24, 2012

BEIJING, Oct. 24, 2012 /PRNewswire-FirstCall/ -- Fuwei Films (Holding) Co.,
Ltd. (NASDAQ: "FFHL") ("Fuwei Films" or the "Company"), a manufacturer and
distributor of high-quality BOPET films in China, today announced that the
BOPET film of its subsidiary – Fuwei Films (Shandong) Co., Ltd. ("Shandong
Fuwei") has been selected as one of the outstanding brands of the plastic
packaging industry in China in 2011 and 2012.

This award was granted by the China Packaging Federation, one of the
State-approved national industry federations committed to advocating the
development of the packaging industry in China.

"We are proud to receive this award which we believe is an indication of our
high quality film products in the industry. We intend to continue to develop
new products with high profit margin and continue to enhance qualities of our
products as well as our customer services in order to stay ahead of our
competitors," said Mr. Xiaoan He, Chairman and CEO of the Company.

About Fuwei Films

Fuwei Films conducts its business through its wholly owned subsidiary, Fuwei
Films (Shandong) 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 Films' BOPET film is widely used to package
food, medicine, cosmetics, tobacco, and alcohol, as well as in the imaging,
electronics, and magnetic products industries.

Safe Harbor

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 and are subject to risks. Risk
factors that could contribute to such differences include those matters more
fully disclosed in the Company's reports filed with the U.S. Securities and
Exchange Commission which, among other things, include 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 including complaints and claims
from clients; 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. 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. Actual results of
our operations may differ materially from information contained in the
forward-looking statements as a result of the risk factors.

For more information, please contact:

In China:

Miss Lysander Lee
Investor Relations Officer
Phone: +86 133 615 59266
Email: fuweiIR@fuweifilms.com

In the U.S.:

Ms Leslie Wolf-Creutzfeldt
Investor Relations
Grayling
Phone: +1-646-284-9472
Email: leslie.wolf-creutzfeldt@grayling.com

SOURCE Fuwei Films (Holdings) Co., Ltd.

Website: http://www.fuweiholdings.com
 
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