UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549



FORM 20-F/A
(Amendment No. 1)



(Mark One)

| |  ̈ | REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR
(g) OF THE SECURITIES EXCHANGE ACT OF 1934
| | - | ----------------------------------------------------------------------------------------------



OR



| | x | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
| | - | ------------------------------------------------------------------------------------



For the fiscal year ended December 31, 2011



OR



| |  ̈ | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
| | - | ----------------------------------------------------------------------------------------

For the transition period from________________ to ___________________

OR



| |  ̈ | SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
| | - | -------------------------------------------------------------------------------------------



OR



Date of event requiring this shell company report _______________



Commission file number: 001-33176



Fuwei
Films (Holdings) Co., Ltd.






(Exact name of Registrant as specified
in its charter)






(Translation of Registrant’s
name into English)



Cayman Islands

(Jurisdiction of incorporation or organization)



No. 387 Dongming Road

Weifang Shandong

People’s Republic of China, Postal
Code: 261061

(Address of principal executive offices)



Lysander Lee



Tel: +86 133 615 59266



fuweiir@fuweifilms.com



(Name, Telephone, E-mail and/or Facsimile
number and Address of Company Contact Person)



Securities registered or to be registered
pursuant to Section 12(b) of the Act.

|Title of each class |  | Name of each exchange on which registered
|------------------- |  | -----------------------------------------
|                    |  |                                          
|Ordinary Shares     |  | NASDAQ Global Market                     



Securities registered or to be registered pursuant to Section
12(g) of the Act.   None



Securities for which there is a reporting obligation pursuant
to Section 15(d) of the Act.   None



As of December 31, 2011, there were 13,062,500 ordinary shares
outstanding.



Indicate by check mark if the registrant is a well-known seasoned
issuer, as defined in Rule 405 of the Securities Act.

 ̈Yes   xNo



If this report is an annual or transition report, indicate by
check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of
1934.

 ̈Yes   xNo



Note - Checking the box will not relieve any registrant required
to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 from their obligations under those Sections.



Indicate by check mark whether the registrant (1) has filed
all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or
for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements
for the past 90 days.



xYes  
 ̈No



Indicate by check mark whether the registrant is a large accelerated
filer, an accelerated filer, or a non-accelerated filer. See definition of “accelerated filer and large accelerated filer”
in Rule 12b-2 of the Exchange Act. (Check one):



Large accelerated filer    ̈    Accelerated filer    ̈    
Non-accelerated filer   x



Indicate by check mark which basis of accounting the registrant
has used to prepare the financial statements included in this filing:

|U.S. GAAP | S | International Financial Reporting Standards as issued by
        the International Accounting Standards Board | £ | Other |  ̈
|--------- | - | ------------------------------------------------------------------------------------------------------------- | - | ----- | -

If “Other” has been checked in response to
the previous question, indicate by check mark which financial statement item the registrant has elected to follow:

 ̈Item 17    ̈  Item 18



If this is an annual report, indicate by check mark whether
the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

 ̈Yes   xNo











Explanatory Note







This Annual Report on Form 20-F/A (“Form 20-F/A”)
is being filed as Amendment No. 1 to our Annual Report on Form 20-F for the year ended December 31, 2011 (“Form 20-F”),
which was originally filed with the Securities and Exchange Commission (the “SEC”) on April 12, 2012. This Form 20-F/A
amends and restates the following Items of the Form 20-F: Item 15. Controls and Procedures and Item 19. Exhibits.





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TABLE OF CONTENTS

|Item    |                         | PAGE
|------- | ----------------------- | ----
|        |                         |     
|        | PART II                 |     
|Item 15 | Controls and Procedures |     
|        |                         |     
|        | PART III                |     
|Item 19 | Exhibits                |     



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PART II



Item 15. Controls and Procedures



(a) Disclosure
Controls and Procedures.



Under the supervision and with the
participation of our management, including the principal executive officer and the principal accounting officer, we conducted
an evaluation of the effectiveness of the design and operation of our disclosure controls and procedures, as defined in Rules
13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as of the end of the period covered by this report (the
“Evaluation Date”). Based on this evaluation, our principal executive officer and principal accounting officer
concluded as of the Evaluation Date that our disclosure controls and procedures were ineffective due to the deficiencies
described below in “Management’s annual report on internal control over financial reporting.” The
material information required to be included in our Securities and Exchange Commission (“SEC”) reports is
accumulated and communicated to management (including such officers) as appropriate to allow timely decisions regarding
required disclosure and recorded, processed, summarized and reported within the time periods specified in SEC rules and forms
relating to us, including our consolidated subsidiaries.



(b) Management’s annual report on
internal control over financial reporting.



Our management is responsible for establishing
and maintaining adequate internal control over financial reporting, as such term is defined in Exchange Act Rules 13a-15(f) and
15d-15(f). Under the supervision and with the participation of our management, including our principal executive officer and principal
financial officer, we conducted an evaluation of the effectiveness of our internal control over financial reporting. In making
its assessment of the effectiveness of the Company’s internal control over financial reporting, management used the criteria
issued by the Committee of Sponsoring Organizations of the Treadway Commission in Internal Control-Integrated Framework. Based
on our evaluation, our principal executive officer and principal financial officer have concluded as of the Evaluation Date, our
internal controls over financial reporting were ineffective as of December 31, 2011 due to the material weakness described below.



The Public Company Accounting Oversight
Board defines a material weakness as a deficiency, or combination of deficiencies, in internal control over financial reporting
such that there is a reasonable possibility that a material misstatement of our annual or interim financial statements will not
be prevented or detected on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal
control over financial reporting that is less severe than a material weakness, yet important enough to merit attention by those
responsible for oversight of our financial reporting. A control deficiency exists when the design or operation of a control does
not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements
on a timely basis. A deficiency in design exists when:





| | · | a control necessary to meet the control objective
is missing; or
| | - | ----------------------------------------------------------------



| | · | an existing control is not properly designed such
that, even if the control operates as designed, the control objective is not always met.
| | - | ------------------------------------------------------------------------------------------------------------------------------------------



1













A deficiency in operation exists when a
properly designed control does not operate as designed, or when the person performing the control does not possess the necessary
authority or qualifications to perform the control effectively.



The material weaknesses identified result
from inadequate technical accounting staff with knowledge of and experience with US generally accepted accounting principles, pursuant
to which we prepare our consolidated financial statements, to support stand-alone external financial reporting under public company
or SEC requirements.



We are in the process of developing and
implementing a remediation plan to address the deficiencies in the areas of personnel with knowledge of and experience with US
generally accepted accounting principles. However, additional measures may be necessary, and the measures we expect to take to
improve our internal controls may not be sufficient to address the issues identified, to ensure that our internal controls are
effective or to ensure that such material weakness or other material weaknesses would not result in a material misstatement of
our annual or interim financial statements. In addition, other material weaknesses or significant deficiencies may be identified
in the future. If we are unable to correct deficiencies in internal controls in a timely manner, our ability to record, process,
summarize and report financial information accurately and within the time periods specified in the rules and forms of the SEC will
be adversely affected. This failure could negatively affect the market price and trading liquidity of our common stock, cause investors
to lose confidence in our reported financial information, subject us to civil and criminal investigations and penalties, and generally
materially and adversely impact our business and financial condition.



All internal control systems, no matter
how well designed, have inherent limitations. Therefore, even those systems determined to be effective can only provide reasonable
assurances with respect to financial statement preparation and presentation. In addition, any evaluation of effectiveness for future
periods is subject to the risk that controls may become inadequate because of changes in conditions in the future.



The Company’s independent auditor,
Kabani & Company, Inc., has audited the consolidated financial statements of the Company for the fiscal year ended December
31, 2011.



(c) Attestation
report of the registered public accounting firm.



This Annual Report on Form 20-F/A does not
include an attestation report of the Company’s registered public accounting firm regarding internal control over financial
reporting. Management’s report was not subject to attestation by the Company’s registered public accounting firm pursuant
to the rules of the Securities and Exchange Commission that permit the company to provide only management’s report in this
Annual Report.



(d) Changes in internal control over financial
reporting.



There were no changes in our internal control
over financial reporting (as defined in Rule 13a-15(f) of the Exchange Act) that occurred during the year ended December 31, 2011
that have materially affected, or are reasonably likely to materially affect, our internal controls over financial reporting. It
should be noted that while our management believes that our disclosure controls and procedures provide a reasonable level of assurance;
our management does not expect that our disclosure controls and procedures or internal financial controls will prevent all errors
or fraud. A control system, no matter how well conceived or operated, can provide only reasonable, not absolute, assurance that
the objectives of the control system are met.





2







Part III





Item 19. Exhibits.



The following exhibits are filed
as part of this Annual Report:



|No.  |  | Description                                                                                                                    
|---- |  | -------------------------------------------------------------------------------------------------------------------------------
|     |  |                                                                                                                                
|12.1 |  | Certification of Chief Executive Officer required by Section 302 of the Sarbanes-Oxley Act of 2002.                            
|     |  |                                                                                                                                
|12.2 |  | Certification of Chief Financial Officer required by Section 302 of the Sarbanes-Oxley Act of 2002.                            
|     |  |                                                                                                                                
|13.1 |  | Certification of Chief Executive Officer and Chief Financial Officer required by Section 906 of the Sarbanes-Oxley Act of 2002.



3







SIGNATURES



The registrant hereby certifies that it meets all of the requirements
for filing Form 20-F/A and has duly caused and authorized the undersigned to signthis Annual Report on its behalf.



| | Fuwei Films (Holdings) Co., Ltd.         |                    
| | ---------------------------------------- | -------------------
| |                                          |                    
| | By:                                      | /s/ Xiaoan He      
| |                                          | Name: Xiaoan He    
| | Title: Chairman, Chief Executive Officer |                    
| |                                          |                    
| | By:                                      | /s/ Xiuyong Zhang  
| |                                          | Name: Xiuyong Zhang
| | Title: Chief Financial Officer           |                    



Dated: May 7, 2012



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