There are no one at this forum that know how to keep a fukien tree heathy long term. But there are 100s of threads about dieing fukiens. I am trying to solve the challenge, but my atempts is in an early phase.
If you have tried fungicide and it does not help it is not fungus. I cannot help to think that wood like growth may be just wood? Do you mind sharing a picture?
Are you in a cold spell right now colder than usual in your area?