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Fuwei Films Files Administrative Lawsuit in Connection with Anti-Dumping Duties

Monday 11. April 2011 - Fuwei Films (Holdings) Co., Ltd. (Nasdaq: FFHL) ("Fuwei" or the "Company"), a manufacturer and distributor of high-quality BOPET films in China, today announced that it has filed an administrative lawsuit with United States Court of International Trade in connection with anti-dumping duties imposed pursuant to the first administrative review issued by the U.S. Department of Commerce on March 18, 2011

On March 25, 2011, Fuwei received a favorable ruling from the Court of International Trade regarding its Motion for a Preliminary Injunction. Pursuant to this ruling, prior to the final arbitration decision of the Court of International Trade, Fuwei and its US customers will not be subject to anti-dumping duties for the PET films they exported to US during the period of November 6, 2008 to December 31, 2009 as stipulated by the first administrative review.
On March 1, 2011, Fuwei submitted its ministerial errors comments regarding the final results of the first administrative review which recommended that the U.S. Department of Commerce should make changes to the ministerial errors with respect to the data which were inaccurately interpreted for the final results. On March 11, 2011, the U.S. Department of Commerce rejected Fuwei’s ministerial error comments.