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Fuwei Films to Announce Third Quarter 2008 Financial Results on November 13, 2008

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Fuwei Films to Announce Third Quarter 2008 Financial Results on November 13, 2008

Teleconference to be Held Friday, November 14, 2008, at 8:30 a.m. EST

BEIJING, Oct. 31 /Xinhua-PRNewswire-FirstCall/ -- Fuwei Films (Holdings) Co. Limited (Nasdaq: FFHL) ("Fuwei" or "the Company"), a manufacturer and distributor of high-quality BOPET plastic films in China, today announced that it will report the financial results for the third quarter of 2008 ended September 30, 2008, after the market closes on Thursday, November 13, 2008.

The Company will host a conference call, to be simultaneously Webcast, on Friday, Noember 14, 2008, at 8:30 a.m. Eastern Standard Time, or 9:30 p.m. Beijing Time. A question-and-answer session will follow management's presentation. Mr. Xiaoan He (Chairman and Chief Executive Officer), Mr. Xiuyong Zhang (Chief Financial Officer), Mr. Zhibing Qian (Senior Vice President) will be the primary speakers on the call.

To participate, please call the following numbers approximately 10 minutes prior to the scheduled start time:

-- 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 Fuwei's Website at http://www.fuweiholdings.com . Please visit the Website at least 15 minutes prior to the scheduled start time to register for the Webcast and download any necessary audio software.

A replay of the call will be available through Wednesday, November 21, 2008, at 11:59 p.m. EST

    -- Phone Number: +1-877-660-6853 (North America)
    -- Phone Number: +1-201-612-7415 (International)
    -- Account Number: 286
    -- Conference ID Number: 301666

About Fuwei Films

Fuwei Films conducts its business through its wholly owned subsidiary Shandong Fuwei Films Co., Ltd. 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 .

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. 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 U.S. 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 which 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.

    For more information, please contact:

    In China:
     Christina He
     Investor Relations Manager
     Tel:   +86-10-8518-5620
     Email: fuweiIR@fuweifilms.com

    In the U.S.:
     Leslie Wolf-Creutzfeldt
     Investor Relations
     Grayling Global
     Tel:   +1-646-284-9472
     Email: lwolf-creutzfeldt@hfgcg.com

SOURCE Fuwei Films (Holdings) Co. Limited

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