Fuwei Films Announces Final Verdict of Major Shareholders Case

BEIJING, Nov. 12, 2009 (GLOBE NEWSWIRE) -- Fuwei Films (Holdings) Co. Ltd.
(Nasdaq:FFHL) ("Fuwei" or "the Company"), a manufacturer and distributor of
high-quality BOPET plastic films located in China, today announced the Company
became aware of the final verdict issued by the Supreme People's Court of
Shandong Province, concerning the Company's three major shareholders, Mr. Jun
Yin, Mr. Tongju Zhou and Mr. Duo Wang. The Supreme People's Court upheld the
initial verdict issued by the Intermediate court in March 2009.

The March 2009 initial verdict sentenced Mr. Yin to death, with a stay of
execution for two years; the other two defendants, Mr. Zhou and Mr. Wang, each
received life imprisonment; all of the personal property of the three
individuals will be confiscated. The three individuals appealed the initial
verdict to the Supreme People's Court of Shandong Province in March 2009.

None of these individuals is involved in Fuwei's day-to-day operations.

"This final verdict brings an end to our major shareholders case," said Mr.
Xiaoan He, Chairman and CEO of Fuwei. "As the leading BOPET developer and
producer in China, we remain optimistic on our future prospects and focused on
enhancing the long-term shareholder value."

About Fuwei Films

Fuwei Films conducts its business through its wholly owned subsidiary Fuwei
Films (Shandong) 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.

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 both the short and long-term effects of the global
financial crisis on the Company and the BOPET film industry; 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. 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.

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CONTACT: Fuwei Films (Holdings) Co., Ltd.
In China:
Maggie Huang, Investor Relations Manager
+86-10-6852-2612
fuweiIR@fuweifilms.com

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