Shenzhen Textile(Holdings) Co., Ltd The Third Quarterly Report 2016 Stock code: 000045,200045 Stock Abbreviation: Shen Textile A,Shen Textile B Announcement No.: 2016-51 Shenzhen Textile (Holdings) Co., Ltd.
The Third Quarterly Report 2016
Shenzhen Textile(Holdings) Co., Ltd The Third Quarterly Report 2016 I. Important notes
The Board ofDirectors，the Supervisory Committee, the directors, the supervisors, and executives of the Company guarantee that there are no significant omissions, fictitious or misleading statements carried in the Quarterly Report and we will accept individual and joint responsibilities for the truthfulness, accuracy and completeness of the Quarterly Report.
All of the directors presented the board meeting at which this Quarterly Report was examined.
Mr. Zhu Jun, The Company Leader, Mr. Zhu Jun, Chief financial officer and the Mr. Mu Linying, the person in charge of the accounting department (the person in charge of the accounting )hereby confirm the authenticity and completeness of the financial report enclosed in the report.
This report is prepared in both Chinese and English. Should there be an discrepancy between the two versions, the Chinese version shall prevail.
Shenzhen Textile(Holdings) Co., Ltd The Third Quarterly Report 2016 II.Main financial data and changes of shareholders
I.Main accounting data and financial Index
Whether it has retroactive adjustment or re-statement on previous accounting data for accounting policy changed and accounting error correction or not.
□ Yes√ No
||||||||
|-|-|-|-|-|-|-|
||As at the end of the reporting||As at the end of last year||Changed （%）over end of||
||period||||prev. year||
|Gross assets（RMB）|2,777,417,478.69||2,969,394,978.70||-6.47%||
|Net assets attributable to the|2,121,967,996.35||2,174,569,545.55||||
|shareholders of the listed company|||||-2.42%||
|（RMB）|||||||
|||Increase/decrease over||Between beginning of|||
|||||||Changed （%）over|
||Reporting period|the same period of last||the year to the end of|||
|||||||end of prev. year|
|||year（%）||the report period|||
|Operating income（RMB）|305,710,856.98|-5.08%||857,868,442.54||-9.03%|
|Net profit attributable to the|-22,331,061.71|||-52,428,913.11|||
|shareholders of the listed company||-1,403.38%||||-948.00%|
|（RMB）|||||||
|Net profit after deducting of|||||||
|non-recurring gain/loss attributable|||||||
||-28,728,256.10|-120.21%||-61,106,934.45||-31.61%|
|to the shareholders of listed|||||||
|company（RMB）|||||||
|Cash flow generated by business||||-48,557,775.49|||
||--|--||||-222.95%|
|operation, net（RMB）|||||||
|Basic earning per|-0.04|||-0.10|||
|||-1,233.33%||||-1,100.00%|
|share(RMB/Share)|||||||
|Diluted gains per|-0.04|||-0.10|||
|||-1,233.33%||||-1,100.00%|
|share(RMB/Share)(RMB/Share)|||||||
|Weighted average income/asset|||||||
||-1.04%|-0.97%||-2.44%||-2.72%|
|ratio（%）|||||||

In RMB
||||
|-|-|-|
||Amount (Year-beginning to||
|Items||Notes|
||the end of the report period.)||
|Non-current asset disposal gain/loss(including the write-off partfor which assets impairment provision is made)|||
||-13,688.95||

Shenzhen Textile(Holdings) Co., Ltd The Third Quarterly Report 2016
||||
|-|-|-|
|Govemment subsidy recognized in current gain and|||
|loss(excluding those closely related to the Company’s business|3,330,021.35||
|and granted under the state’s policies)|||
|Other non-business income and expenditures other than the above|5,361,871.03||
|Less：Amount of influence of income tax|182.09||
|Total|8,678,021.34|--|

For theCompany’s non-recurring gain/loss items as defined in the Explanatory Announcement No.1 on
information disclosure for Companies Offering their Securities to the Public-Non-recurring Gains and Losses and its non-recurring gain/loss items as illustrated in the Explanatory Announcement No.1 on information Disclosure for Companies offering their securities to the public-non-recurring Gains and losses which have been defined as recurring gains and losses, it is necessary to explain the reason.
□ Applicable √ Not applicable
None of Non-recurring gain /loss items recognized as recurring gain /loss/items as defined by the information disclosure explanatory Announcement No.1- Non–recurring gain/loss in the report period.
Shenzhen Textile(Holdings) Co., Ltd The Third Quarterly Report 2016 II.Total Shareholders and Shares Held by Top Ten Shareholders at the End of the Reporting Period
1. About Total Common Shareholders, Total Preference Shareholders with the Voting Power Recovered and the Shares Held by Top Ten Common Shareholders
In shares
|||||||||
|-|-|-|-|-|-|-|-|
|||||Total preference shareholders||0||
|Total number of common||||with the voting power||||
|||32,431||||||
|shareholders at the period-end||||recovered at the end of the||||
|||||reporting period(if any)||||
|Shares held by the top 10 shareholders||||||||
||||||Amount of|Pledging or freezing||
||Properties of|Share|||tradable shares|||
|Shareholder name|||Quantity|||Status of the||
||shareholder|proportion %|||with Conditional||Quantity|
|||||||shares||
||||||held|||
|ShenzhenInvestmentHoldings Co.,Ltd.|State-owned legalperson|46.21%|234,069,436|||||
|Qianhai Lifeinsurance Co.,Ltd.－Self fundsHuatai Portfolio|Domestic nonState-ownedLegal person|4.02%|20,384,816|||||
|ShenzhenShenchaoTechnologyInvestment Co.,Ltd.|State-ownedLegal person|3.18%|16,129,032|||||
|Anhui GuofuIndustrialInvestment FundsMangement Co.,Ltd.|Domestic nonState-ownedLegal person|0.73%|3,708,341|||||
|He Zhu|Domestic Natureperson|0.67%|3,382,468|||||
|MORGANSTANLEY &CO.INTERNATIONAL PLC|Overseas legalperson|0.57%|2,900,814|||||

Shenzhen Textile(Holdings) Co., Ltd The Third Quarterly Report 2016
|||||||
|-|-|-|-|-|-|
|Sun Huiming|Domestic Natureperson|0.48%|2,443,526|||
|Xia Keyun|Domestic Natureperson|0.48%|2,412,192|||
|ShanghaiChujiangEnterpriseDevelopmentCo., Ltd.|Domestic nonState-ownedLegal person|0.40%|2,050,000|||
|Beijing ShenZhou MuInvestment FundManagementCo., Ltd.－HongyanShenzhoumuFund|Domestic nonState-ownedLegal person|0.36%|1,831,100|||
|Shares held by the Top 10 Shareholders of Non-restricted shares||||||
|||||Share type||
|Shareholders’ Names||Number of the non-restricted shares held||||
|||||Share type|Quantity|
|Shenzhen Investment Holdings Co.,Ltd.||234,069,436||RMB Common||
||||||234,069,436|
|||||shares||
|Qianhai Life insurance Co., Ltd.－Self funds Huatai Portfolio||20,384,816||RMB Common||
||||||20,384,816|
|||||shares||
|Shenzhen Shenchao TechnologyInvestment Co., Ltd.||16,129,032||RMB Common||
||||||16,129,032|
|||||shares||
|Anhui Guofu Industrial InvestmentFunds Mangement Co., Ltd.||3,708,341||RMB Common||
||||||3,708,341|
|||||shares||
|He Zhu||3,382,468||RMB Common||
||||||3,382,468|
|||||shares||
|MORGAN STANLEY & CO.INTERNATIONAL PLC||2,900,814||Foreign shares||
|||||placed in||
||||||2,900,814|
|||||domestic||
|||||exchange||
|Sun Huiming||2,443,526||Foreign shares||
|||||placed in||
||||||2,443,526|
|||||domestic||
|||||exchange||
|Xia Keyun||2,412,192||RMB Common||
||||||2,412,192|
|||||shares||

Shenzhen Textile(Holdings) Co., Ltd The Third Quarterly Report 2016
|||||
|-|-|-|-|
|Shanghai Chujiang EnterpriseDevelopment Co., Ltd.|2,050,000|RMB Common||
||||2,050,000|
|||shares||
|Beijing Shen Zhou Mu InvestmentFund Management Co., Ltd.－Hongyan Shenzhoumu Fund|1,831,100|||
|||RMB Common||
||||1,831,100|
|||shares||
||Shenzhen Shenchao Technology Investment Co., Ltd. is a wholly-owned subsidiary of|||
||Shenzhen Investment Holding Co., Ltd. and a person taking concerted action. Except this, the|||
|Explanation on shareholders|Company did not whether there is relationship between the top ten shareholders holding|||
|participating in the margin trading|non-restricted negotiable shares and between the top ten shareholders holding non-restricted|||
|business|negotiable shares and the top 10 shareholders or whether they are persons taking concerted|||
||action defined in Regulations on Disclosure of Information about Shareholding of|||
||Shareholders of Listed Companies.|||
|Participation of top 10||||
|unconditional common share|The Company Shareholder He Zhu holds 3,382,468 shares of the Company through stock|||
|shareholders in securities margin|account with credit transaction and guarantee of Everbright Securities Co.,Ltd.|||
|trading (if any)||||

Agreed re-purchasing by theCompany’s top 10 shareholders of common shares and top 10 shareholders of unconditional common shares in the report period
□ Yes √ No
No agreed re-purchasing is performed by theCompany’s shareholders in the report period.
2.Total number of preferred shareholders and shareholding of top 10 preferred shareholders by the end of the report period
□ Applicable √ Not applicable
Shenzhen Textile(Holdings) Co., Ltd The Third Quarterly Report 2016 III Significant Events
I. Major changes of main accounting statement items and financial indicators in the reporting period, as well as reasons for the changes
√ Applicable □ Not applicable
1. The closing balance of Note receivable is RMB 42.7915 million, increased by127.11% compared with the beginning of the year,Its is mainly because clients purchase with bank acceptance;
2.The closing balance of advance payment is RMB15.0037 million, increassed by91.04% compared with the beginning of the year, Mainly due to advance payment of the project contruction of NO.6 line;
3.The closing balance of interest receivable is RMB7.5375 million ,decreased by75.12% compared with the beginning of theyear，Mainly due to the receipt of structured deposit interest this period;
4. Other account receivable is RMB58.9911 million, increased by30.70% compared with the beginning of the year, Mainly due to the increase in deposit and margin for the current period;
5.Real estate investment is RMB 180.9673 million, increased by34.66% compared with the beginnin of the year, Mainly due to the completion of Guanhua Building carried forward;
6.Short-term borrowing is RMB10.12 million,decreased by81.21% compared with the beginning of theyear， Mainly due to reduce the Yen bill payment;
7.Taxes payable is RMB4.6461 million ,decreased by68.36% compared with the beginning of the year, Mainly due to the final settlement of income tax;
8. Retained earnings is RMB -43.2628 million, decreased by571.98% compared with the beginning of theyear， Mainly due to the current loss;
9. Business tax and surcharges is RMB3.8037 million , decreased by30.87% over the same time last year, Mainly due to change camp;
10. The financial expenses is RMB9.7650million，increased by199.14% over the same time lastyear，Mainly due to the increase in exchange losses;
11.Investment income is RMB4.1090 million, decreased by91.58% over the same time lastyear，Mainly due to the decrease in the investment income from the sale of available-for-sale financial assets;
12. Non-business expenses is RMB 8.7083 million ,decreased by55.54% over the same time lastyear，Mainly due to the reduction of government subsidies;
13.Income tax expenses is RMB7.6828 million, decreased by60.65% over the same time lastyear，Mainly due to the reduction of taxable income;
14. Cash flow from the business activities is RMB-48.5578 million, decreased by RMB 88.0508 million over the same time last year, Mainly due to the current deposit and deposit increased;
15. Cash flow generated by investment is RMB 24.0122 million, increased by RMB 448.0023 million over the same time lastyear、Mainly due to the maturity of the deposits of current structure due;
16. Cash flow generated by financing is RMB -77 million, decreased by RMB54.90 million over the same time last year, Mainly due to the decrease in the yen denomination.
Shenzhen Textile(Holdings) Co., Ltd The Third Quarterly Report 2016 II. The progress of significant events and influence, as well as the analysis and explanation on resolving proposal.
√ Applicable □ Not applicable
I. The company planning a major asset restructuring
1. On the evening of August 3, 2016, the company received a notice from thecompany’s controlling shareholder-Shenzhen Investment Holding Co.,Ltd, which plans an item that constitutes a major event to the company. As there is uncertainty about such matter, for better protecting theinvestor’s interests and ensuring the fair information disclosure and avoiding the abnormal fluctuation to thecompany’s stock, the suspension of thecompany’s stock trading commenced from the date of August 4, 2016. On August 17, 2016,it’s confirmed that the afore-said major event constitutes a major asset restructuring, so the suspension of thecompany’s stock trading continues from August 18, 2016 but with the reason of major asset restructuring. Refer to Company Announcement No. 2016-23 and No. 2016-25 at JuChao information network (http://www.cninfo.com.cn) 2. Because of this major asset restructuring involving many matters and having a heavy workload, adding the transaction scheme still needs a further demonstration and communication, so for better protecting theinvestor’s interests and avoiding the abnormal fluctuation to thecompany’s stock, the suspension of thecompany’s stock trading, after being approve by Shenzhen Stock Exchange, will continue from the date of September 19, 2016. Refer to Company Announcement No. 2016-36 at JuChao information network (http://www.cninfo.com.cn) 3. During the suspension period, the company disclosed the progress information of the relevant matter in every five trading days in strict compliance with the relevant laws and regulations. To the end of the reporting period, the company and the independent financial adviser has been actively working with all the parties to promote all the work of the major asset restructuring, including the communication and demonstration of the scheme of this major asset restructuring, the cooperation with the intermediary for its due diligence, and the consultation for the agreement contents of the framework of the major restructuring.
4. As of the disclosure date of this report, the Proposal on Application for a Continuing Suspension for theCompany’s Stock Trading due to the Major Asset Restructuring was examined and approved in the twenty-eighth meeting of the six session of board of directors. After the application was approved by Shenzhen Stock Exchange, the suspension of thecompany’s stock trading continues from the date of October 19, 2016, but the suspension period shall not exceed 3 months (till to the day before November 3, 2016)calculated from the initial suspension date. Meanwhile, the Proposal on Convening a GeneralShareholders’ Meeting to Deliberate the Relevant Matters about the Continuing Suspension was approved, so the company will convene the 2016 First generalshareholders’ meeting on November 3, 2016 to deliberate the continuing suspension matter for the major asset restructuring. After such proposal being approved in the provisional generalshareholders’ meeting, the company will make an application of a continuing suspension of thecompany’s stock trading from November 4, 2016 to Shenzhen Stock Exchange, with a continuing suspension period not more than three months and the total suspension period no more than 6 months (till to the day before February 3,2017) calculated from the initial suspension date. On October 17, the company signed the Framework Agreement for the Major Asset Restructuring with TCL Corporation. Refer to Company Announcement No.2016-46, No.2016-47, No.2016-48 and No.2016-49 at JuChao information network (http://www.cninfo.com.cn)
II.The item of thecompany’s subsidiary-Shengbo OptoelectronicCo.,Ltd’s open introducing of strategic investors 1. In order to solve the current operational difficulties of Shengbo Optoelectronic Co.,Ltd(hereinafter referred to as Shengbo Optoelectronic) and enhance its technological level, management level and its profitability, the company started the work to introduce strategic investors for Shengbo Optoelectronic Co.,Ltd. By introducing the industrial resource-based strategic investors, enriching and expanding the upstream and downstream industry
Shenzhen Textile(Holdings) Co., Ltd The Third Quarterly Report 2016 chain, the overall competiveness of Shengbo Optoelectronic shall be further improved; meanwhile, the company shall fully utilize the advantages of mixed ownership to excite the inner vitality. It was planned that the shareholding ratio of the introduced strategic investors will be40%. Such item was, after the audit, assessment and the appropriate reviewing process performed, publicly listed on Shenzhen United Property Exchange on July 11, 2016, with the duration of 40 working days that would expire on September 2.Refer to Company Announcement No.2016-19, No.2016-20 and No.2016-21 at JuChao information network (http://www.cninfo.com.cn)
2. As of September 2, 2016 the expiration date of the announced period, the item of increasing capital and getting40% equity accordingly of Shengbo Optoelectronic has got the investment intention of one investor which is Hangzhou Jinjiang Group Co., Ltd(hereinafter referred to as Jinjiang Group).It’s agreed that Jinjiang Group sets up a limited partnership company as the main body of increasing capital to subscribe the stake of Shengbo Optoelectronic with the amount of RMB 1352.64 million and obtain40% stake of Shengbo Optoelectronic after the completion of the capital increase. According to the rules of property rights transaction, the company will negotiate and sign the Agreement on Increasing Stock by Corporate Capital Increase with the limited partnership company set by Jinjiang Group, and the follow-up related formalities will be handled. Refer to Company Announcement No.2016-40 at JuChao information network (http://www.cninfo.com.cn)As of the disclosure date of this report, the establishment of the limited partnership company controlled by Jinjiang Group has not been completed.
III.The progress about the second phase of the No.6 line project of TFT-LCD polarizer
During the reporting period, the second phase of the No.6 line project has been proceeded as planned, for instance, part of the host equipment has completed the manufacturing,65% of engineering work for purification and decoration and the related projects has been completed and the technological and commercial exchange of the installation and the second matching engineering of the host equipment is proceeding.
||||
|-|-|-|
|||Description of the website for|
|Overview of material matters|Date of disclosing|disclosing provisional|
|||announcements|
|The company planning a major assetrestructuring||(www.cninfo.com.cn)，Announcement|
||August 5,2016||
|||No.：2016-23|
|||(www.cninfo.com.cn)，Announcement|
||August 18,2016||
|||No.：2016-25|
|||(www.cninfo.com.cn)，Announcement|
||September 19,2016||
|||No.：2016-36|
|||(www.cninfo.com.cn)，Announcement|
||October 18,2016||
|||No.：2016-46,2016-47,2016-48,2016-49.|
|The item of the company’ssubsidiary-Shengbo OptoelectronicCo.,Ltd’s open introducing of strategicinvestors||(www.cninfo.com.cn)，Announcement|
||May 17,2016||
|||No.：2016-19|
|||(www.cninfo.com.cn)，Announcement|
||July 2,2016||
|||No.：2016-20|
|||(www.cninfo.com.cn)，Annoumcement|
||July 2,2016||
|||No：2016-21|

Shenzhen Textile(Holdings) Co., Ltd The Third Quarterly Report 2016
|||
|-|-|
||(www.cninfo.com.cn)，Announcement|
|September 21,2016||
||No.：2016-40|

III．Commitments finished in implementation by the Company, shareholders, actual controll er, acquirer, directors, supervisors, senior executives or other related parties in the reporting period and commitments unfinished in implementation at the end of the reporting.
.√ Applicable □ Not applicable
||||||||
|-|-|-|-|-|-|-|
|||||Time of|||
||Commitment||||Period of||
|Commitment||Type|Contents|making||Fulfillment|
||maker||||commitment||
|||||commitment|||
||||As Shenzhen||||
||||Investment||||
||||Holdings Co.,||||
||||Ltd., the||||
||||controlling||||
||||shareholder of||||
||||the company,||||
||||committed||||
||||when the||||
||||restricted-for-s||||
||||ale shares||||
||||from the||||
||||shares||||
||||restructuring||||
||Shenzhen||were listed for||||
|||Share|||||
||Investment||circulation in|August 4,|Sustained and|Under|
|Commitment on share reform||reduction|||||
||Holdings Co.,||the market: i.|2006|effective|Fulfillment|
|||commitment|||||
||Ltd||if they plan to||||
||||sell the shares||||
||||through the||||
||||securities||||
||||exchange||||
||||system in the||||
||||future, and the||||
||||decrease of||||
||||the shares they||||
||||hold reaches||||
||||5% within 6||||
||||months after||||
||||the first||||
||||decrease, they||||
||||will disclose||||

Shenzhen Textile(Holdings) Co., Ltd The Third Quarterly Report 2016
||||||||
|-|-|-|-|-|-|-|
||||an||||
||||announcement||||
||||indicating the||||
||||sale through||||
||||the company||||
||||within two||||
||||trading days||||
||||before the first||||
||||decrease; ii.||||
||||They shall||||
||||strictly||||
||||observe the||||
||||“Guidelines||||
||||on Transfer of||||
||||Restricted-for-||||
||||sale Original||||
||||Shares of||||
||||Listed||||
||||Companies” a||||
||||nd the||||
||||provisions of||||
||||the relevant||||
||||business||||
||||principles of||||
||||Shenzhen||||
||||Stock||||
||||Exchange.||||
|Commitment in the acquisition report|||||||
|or the report on equity changes|||||||
|Commitment made upon the assets|||||||
|replacement|||||||
||||Shenzhen||||
||||Investment||||
||||Holdings Co.,||||
|||Commitments|||||
||||Ltd. signed a||||
|||on horizontal|||||
||Shenzhen||“Letter of||||
|||competition,|||||
||Investment||Commitment|October 9,|Sustained and|Under|
|Commitments made upon issuance||related|||||
||Holdings Co.,||and Statement|2009|effective|Fulfillment|
|||transaction|||||
||Ltd.||on Horizontal||||
|||and capital|||||
||||Competition||||
|||occupation|||||
||||Avoidance”||||
||||when the||||
||||company||||

Shenzhen Textile(Holdings) Co., Ltd The Third Quarterly Report 2016
||
|-|
|issued|
|non-public|
|stocks in|
|2009.|
|Pursuant to|
|the Letter of|
|Commitment|
|and Statement,|
|Shenzhen|
|Investment|
|Holdings Co.,|
|Ltd. and its|
|wholly owned|
|subsidiary,|
|subsidiaries|
|under control|
|or any other|
|companies|
|that have|
|actual control|
|of it shall not|
|be involved in|
|the business|
|the same as or|
|similar to|
|those|
|Shenzhen|
|Textile|
|currently or|
|will run in the|
|future, or any|
|businesses or|
|activities that|
|may constitute|
|direct or|
|indirect|
|competition|
|with Shenzhen|
|Textile; if the|
|operations of|
|Shenzhen|
|Investment|
|Holdings Co.,|
|Ltd. and its|

Shenzhen Textile(Holdings) Co., Ltd The Third Quarterly Report 2016
||
|-|
|wholly owned|
|subsidiaries,|
|subsidiaries|
|under control|
|or other|
|companies|
|that have|
|actual control|
|of it compete|
|with Shenzhen|
|Textile in the|
|same industry|
|or contradict|
|the interest of|
|the issuer in|
|the future,|
|Shenzhen|
|Investment|
|Holdings Co.,|
|Ltd. shall urge|
|such|
|companies to|
|sell the equity,|
|assets or|
|business to|
|Shenzhen|
|Textile or a|
|third party;|
|when the|
|horizontal|
|competition|
|may occur due|
|to the business|
|expansion|
|concurrently|
|necessary for|
|Shenzhen|
|Investment|
|Holdings Co.,|
|Ltd. and its|
|wholly owned|
|subsidiaries,|
|subsidiaries|
|under control|

Shenzhen Textile(Holdings) Co., Ltd The Third Quarterly Report 2016
|||||||
|-|-|-|-|-|-|
|||or other||||
|||companies||||
|||that have||||
|||actual control||||
|||of it and||||
|||Shenzhen||||
|||Textile,||||
|||Shenzhen||||
|||Textile shall||||
|||have priority.||||
|||The||||
|||commitments||||
|||during the||||
|||period||||
|||non-public||||
|||issuance in||||
|||2012: 1.||||
|||Shenzhen||||
|||Investment||||
|||Holdings, as||||
|||the controlling||||
|||shareholder of||||
|||Shenzhen||||
|||Textile,||||
||Commitments|||||
|||currently||||
||on horizontal|||||
|Shenzhen||hasn't the||||
||competition,|||||
|Investment||production|July 14,|Sustained and|Under|
||related|||||
|Holdings Co.,||and business|2012|effective|Fulfillment|
||transaction|||||
|Ltd.||activities of||||
||and capital|||||
|||inter-industry||||
||occupation|||||
|||competition||||
|||with Shenzhen||||
|||Textile or its||||
|||share-holding||||
|||subsidiary. 2.||||
|||Shenzhen||||
|||Investment||||
|||Holdings and||||
|||its||||
|||share-holding||||
|||subsidiaries or||||
|||other||||
|||enterprises||||
|||owned the||||

Shenzhen Textile(Holdings) Co., Ltd The Third Quarterly Report 2016
||
|-|
|actual control|
|rights can't be|
|directly and|
|indirectly on|
|behalf of any|
|person,|
|company or|
|unit to engage|
|in the same or|
|similar|
|business in|
|any districts in|
|the future by|
|the form of|
|share-holding,|
|equity|
|participation,|
|joint venture,|
|cooperation,|
|partnership,|
|contract,|
|lease, etc., and|
|ensure not to|
|use the|
|controlling|
|shareholder's|
|status to|
|damage the|
|legitimate|
|rights and|
|interests of|
|Shenzhen|
|Textile and|
|other|
|shareholders,|
|or to gain the|
|additional|
|benefits. 3. If|
|there will be|
|the situation|
|of|
|inter-industry|
|competition|
|with Shenzhen|

Shenzhen Textile(Holdings) Co., Ltd The Third Quarterly Report 2016
||
|-|
|Textile for|
|Shenzhen|
|Investment|
|Holdings and|
|its|
|share-holding|
|subsidiaries or|
|other|
|enterprises|
|owned the|
|actual control|
|rights in the|
|future,|
|Shenzhen|
|Investment|
|Holdings will|
|promote the|
|related|
|enterprises to|
|avoid the|
|inter-industry|
|competition|
|through the|
|transfer of|
|equity, assets,|
|business and|
|other ways. 4.|
|Above|
|commitments|
|will be|
|continuously|
|effective and|
|irrevocable|
|during|
|Shenzhen|
|Investment|
|Holdings as|
|the controlling|
|shareholder of|
|Shenzhen|
|Textile or|
|indirectly|
|controlling|
|Shenzhen|

Shenzhen Textile(Holdings) Co., Ltd The Third Quarterly Report 2016
||||||||
|-|-|-|-|-|-|-|
||||Textile.||||
||||Commitment t||||
||||o non-public o||||
||||ffering during||||
||||the second pha||||
||||se project of S||||
||Shenzhen||hen Textile sh||||
||Investment|Share limited|ares subscribe|March 25,||Has been|
||||||2016-03-25||
||Holdings Co.,|commitment|d lock handle,|2013||Fulfilled|
||Ltd.||locking Shen||||
||||Textile non-pu||||
||||blic offering o||||
||||n the stock ma||||
||||rket of 36 mon||||
||||ths.||||
|Equity incentive commitment|||||||
|Other commitments made to minority|||||||
|shareholders|||||||
|Executed timely or not?|Yes||||||
|If the commitments failed to complete|||||||
|the execution when expired, should|||||||
|specifically explain the reasons of|None||||||
|unfulfillment and the net stage of the|||||||
|working plan|||||||

IV．Prediction of Business performance for 2016
Estimation of accumulative net profit from the beginning of the year to the end of next report period to be loss probably or the warning of its material change compared with the corresponding period of the last year and explanation of reason.
□ Applicable√ Not applicable
V. Investment in securities
□ Applicable √Not applicable
No Securities investment in period
VI. Investment in derivatives
□ Applicable √Not applicable
There is no derivative investment during the report period.
Shenzhen Textile(Holdings) Co., Ltd The Third Quarterly Report 2016 VII. Registration form of such Activities as Reception, Research, Communication, Interview in the Reporting Period
√Applicable □Not applicable
|||||
|-|-|-|-|
|Reception time|Way of reception|Types of visitors|Basic index|
||||To know more about the situation of|
||||polarizer industry and the situation of the|
||||company’s production and operation,|
||||please see details in “Log of Investor|
|July 25,2016|Onsite investigation|Organization||
||||Relation Activities” posted on the|
||||interactive platform of investor relation|
||||on July,25, 2016.（No：2016-02）|

 VIII. Outward Guarantee against the Regulations
□ Applicable √ Not applicable
The Company had no guarantee outside against the regulation in the reporting period.
IX. Non-operational Occupancy of theCompany’s Capital by the Controlling Shareholder and its Related Parties
□ Applicable √ Not applicable
The Company had no non-operational fund occupation from controlling shareholders and its related party. The Board of Directors of Shenzhen Textile (Holdings) Co., Ltd. October 27,2016