深圳市纺织(集团)股份有限公司2014年第三季度报告正文Stockcode:000045、200045StockAbbreviation:ShenTextileA、ShenTextileB AnnouncementNo.:2014-54 Shenzhen Textile (Holdings) Co., Ltd.
The Third Quarterly Report 2014
1 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 completenessoftheQuarterlyReport.
AllofthedirectorspresentedtheboardmeetingatwhichthisQuarterlyReportwasexamined.
Mr. Zhu Jun, The Company Leader, Mr. Zhu Jun, Chief financial officer and the Mr.Jiang Xiaojun, the person in charge of the accounting department (the person in charge of the accounting )hereby confirm the authenticity and completenessofthefinancialreportenclosedinthereport.
ThisreportispreparedinbothChineseandEnglish.Shouldtherebeandiscrepancybetweenthetwoversions,the Chineseversionshallprevail.
深圳市纺织(集团)股份有限公司2014年第三季度报告正文 II.Main financial dataand changes ofshareholders
（1）MainaccountingdataandfinancialIndex
Whetherithasretroactiveadjustmentorre-statementonpreviousaccountingdataforaccountingpolicychanged andaccountingerrorcorrectionornot.
□Yes√No
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||Asattheendofthereportingperiod||Asattheendoflastyear||Changed （%）overendofprev.year||
|Grossassets（RMB）|2,915,138,176.98||2,851,759,735.91||2.22%||
|Netassetsattributabletotheshareholdersofthelistedcompany（RMB）|2,249,443,931.72||2,297,846,577.11||-2.11%||
||Reportingperiod|Increase/decreaseoverthesameperiodoflastyear（%）||Betweenbeginningoftheyeartotheendofthereportperiod||Changed （%）overendofprev.year|
|Operatingincome（RMB）|342,049,067.34|35.74%||813,672,892.15||-1.77%|
|Netprofitattributabletotheshareholdersofthelistedcompany（RMB）|-16,558,015.23|-308.92%||-38,202,525.33||-32,901.45%|
|Netprofitafterdeductingofnon-recurringgain/lossattributabletotheshareholdersoflistedcompany（RMB）|-23,552,101.75|-3.01%||-63,849,988.68||-24.06%|
|Cashflowgeneratedbybusinessoperation,net（RMB）|--|--||-65,328,497.17||46.01%|
|Basicearningpershare(RMB/Share)|-0.03|-250.00%||-0.08||-29,409.40%|
|Dilutedgainspershare(RMB/Share)|-0.03|-250.00%||-0.08||-29,409.40%|
|Weightedaverageincome/assetratio（%）|-0.73%|-1.17%||-1.68%||-1.67%|

Itemsandamountofnon-currentgainsandlosses
√Applicable□Notapplicable
In RMB
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|-|-|-|
|Items|Amount(Year-beginningtotheendofthereportperiod.)|Notes|
|Non-currentassetdisposalgain/loss(includingthewrite-offpartforwhichassetsimpairmentprovisionismade)|53,428.15||
|Governmentsubsidyrecognizedincurrentgainand|12,732,501.05||

深圳市纺织(集团)股份有限公司2014年第三季度报告正文
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|loss(excludingthosecloselyrelatedtotheCompany’sbusinessandgrantedunderthestate’spolicies)|||
|Gain/lossfromchangeoffairvalueoftransactionalfinancialassetandliabilities,andinvestmentgainsfromdisposaloftransactionalfinancialassetsandliabilitiesandsellablefinancialassetsotherthanvalidperiodvalueinstrumentsrelatedtotheCompany’scommonbusinesses|16,994,763.49||
|Othernon-businessincomeandexpendituresotherthantheabove|191,371.43||
|Less：Amountofinfluenceofincometax|4,324,600.77||
|Total|25,647,463.35|--|

FortheCompany’snon-recurringgain/lossitemsasdefinedintheExplanatoryAnnouncementNo.1on
informationdisclosureforCompaniesOfferingtheirSecuritiestothePublic-Non-recurringGainsandLossesand itsnon-recurringgain/lossitemsasillustratedintheExplanatoryAnnouncementNo.1oninformationDisclosure forCompaniesofferingtheirsecuritiestothepublic-non-recurringGainsandlosseswhichhavebeendefinedas recurringgainsandlosses,itisnecessarytoexplainthereason.
□Applicable√Notapplicable
NoneofNon-recurringgain/lossitemsrecognizedasrecurringgain/loss/itemsasdefinedbytheinformationdisclosureexplanatoryAnnouncementNo.1-Non–recurringgain/lossinthereportperiod.
深圳市纺织(集团)股份有限公司2014年第三季度报告正文 (II) Total numberofshareholders and shareholding oftop10shareholders bytheend ofthereport period
(1) Total number of common shareholders and shareholding of top 10 common shareholders by the end of the reportperiod
In Shares
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|Totalnumberofshareholdersattheendofreportperiod||20,739|||||
|Particularaboutsharesheldbytoptenshareholders|||||||
|Shareholdername|Propertiesofshareholder|Shareproportion%|Quantity|AmountoftradableshareswithConditionalheld|Pledgingorfreezing||
||||||Statusoftheshares|Quantity|
|ShenzhenInvestmentHoldingsCo.,Ltd.|State-ownedlegalperson|46.21%|234,069,436|51,457,976|||
|ShenzhenShenchaoTechnologyInvestmentCo.,Ltd.|State-ownedlegalperson|3.18%|16,129,032||||
|NingboYongqiangInternationalTradeCo.,Ltd.|Domestic nonState-ownedLegalperson|0.46%|2,354,425||||
|SunHuiming|Domesticnaturalpersonshares|0.39%|1,996,347||||
|XiaoRan|Domesticnaturalpersonshares|0.36%|1,837,100||||
|SunDeliang|Domesticnaturalpersonshares|0.36%|1,819,100||||
|ZhongrongInternationalTrustCo.,Ltd.－XingchengNo.1|Other|0.32%|1,624,800||||
|LuoYan|Domesticnaturalpersonshares|0.28%|1,423,579||||
|TUNGSHINGSECURITIES(BROKERS)LIMITED|ForeignLegalperson|0.28%|1,404,700||||
|ZhengBangsheng|Domesticnaturalpersonshares|0.24%|1,203,800||||
|Shareholdingoftop10shareholdersofunrestrictedshares|||||||
|Nameoftheshareholder||Quantityofunrestrictedsharesheldat|||Sharetype||

深圳市纺织(集团)股份有限公司2014年第三季度报告正文
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||theendofthereportingperiod|Sharetype|Quantity|
|ShenzhenInvestmentHoldingsCo.,Ltd.|182,611,460|RMBCommonshares|182,611,460|
|ShenzhenShenchaoTechnologyInvestmentCo.,Ltd.|16,129,032|RMBCommonshares|16,129,032|
|NingboYongqiangInternationalTradeCo.,Ltd.|2,354,425|RMBCommonshares|2,354,425|
|SunHuiming|1,996,347|Foreignsharesplacedindomesticexchange|1,996,347|
|XiaoRan|1,837,100|RMBCommonshares|1,837,100|
|SunDeliang|1,819,100|RMBCommonshares|1,819,100|
|ZhongrongInternationalTrustCo.,Ltd.－XingchengNo.1|1,624,800|RMBCommonshares|1,624,800|
|LuoYan|1,423,579|RMBCommonshares|1,423,579|
|TUNGSHINGSECURITIES(BROKERS)LIMITED|1,404,700|Foreignsharesplacedindomesticexchange|1,404,700|
|ZhengBangsheng|1,203,800|Foreignsharesplacedindomesticexchange|1,203,800|
|Explanationonassociatedrelationshipamongtheaforesaidshareholders|ShenzhenShenchaoTechnologyInvestmentCo.,Ltd.isawholly-ownedsubsidiaryofShenzhenInvestmentHoldingsCo.,Ltd.andapersontakingconcertedaction.Exceptthis,theCompanydidnotmakesurewhetherthereisrelationshipbetweenthetoptenshareholdersholdingnon-restrictednegotiablesharesandiftheyarepersonstakingconcertedactiondefinedinRegulationsonDisclosureofInformationaboutShareholdingofShareholdersofListedCompanies.|||
|Participationoftop10unconditionalcommonshareshareholdersinsecuritiesmargintrading(ifany)|TheCompanyShareholderLuoYanholds0sharesthroughordinarystockaccount.holds1,423,579sharesoftheCompanythroughstockaccountwithcredittransactionandguaranteeofGuosenSecuritiesCo.,Ltd.；Thetotalamountis1,423,579shares.|||

Agreedre-purchasingbytheCompany’stop10shareholdersofcommonsharesandtop10shareholdersof unconditionalcommonsharesinthereportperiod
□Yes√No
Noagreedre-purchasingisperformedbytheCompany’sshareholdersinthereportperiod.
深圳市纺织(集团)股份有限公司2014年第三季度报告正文 (2) Total number of preferred shareholders and shareholding of top 10 preferred shareholders by the end of the reportperiod
□Applicable√Notapplicable
深圳市纺织(集团)股份有限公司2014年第三季度报告正文 III Significant Events
I.Majorchangesofmainaccountingstatementitemsandfinancialindicatorsinthereportingperiod,aswellas reasonsforthechanges
√Applicable□Notapplicable
1．Effectofamendedaccountingstandardsonourcompany'sconsolidatedstatements
AccordingtotheamendedAccountingStandardsForEnterprisesNo.2--Long-termEquityInvestment,our companydoesnothavejointcontrolrightorsignificantinfluenceontheinvestedcompanies,andthereisnoother equityinvestmentinwhichquotes,fairvaluecan'tbereliablymeasuredinactivemarket,sothebusiness
accountingwillbasedonAccountingStandardsForEnterprisesNo.22,Thecompanytransferredthelong-term equityaccountingattheendofSeptember2014bookvalueofinvestments37.38millionRMBinto
available-for-saleFinancialAssetaccountandadjustconsolidatedstatementsbeginningoftheyear.
2.Particularaboutmajorchangesfromitemsofmainaccountingstatementsandfinancialindexesaswellas reasons.
（1）The Ending balance of bills receivable increased by RMB 16.8615 million and88.6% over beginning of period，mainlyduetocustomersusebankacceptancesforpurchase;
（2）TheendingbalanceofAccountsreceivablesincreasedbyRMB100.0614millionand72.29%overbeginningofperiod，mainlyduetotradereceivablesincreasedincreditperiod;
（3）TheendingbalanceofpaymentinadvanceincreasedbyRMB57.6096millionand273.92%overbeginning ofperiodmainlyduetotheincreaseofexportordersneartheendofcurrentperiod;
（4）The ending balance of Other receivables account decreased by RMB 121.4594 million and86.59% over beginning ofperiod，mainly due to the transfer balance of100% equity of Shenzhen Jinlan Decorative Supplies IndustrialCo.,Ltd.
（5）The ending balance of other current assets decreased by RMB 100 million and100% over beginning of periodmainlyduetoreturnstructureddeposits;
（6）TheendingbalanceofAvailableforsalefinancialassetsdecreasedbyRMB16.0065millionand38.27%over beginningofperiodmainlyduetothereductionofholdingVictorOnwardAstocksinthisperiod;
（7）TheendingbalanceofconstructioninprogressincreasedbyRMB30.0767millionand47.8%overbeginning of period. mainly due to investment in TFT-LCD polarizing film phase II project and building projects Guanhua Building;
（8）TheendingbalanceofAccountpayablesincreasedbyRMB108.9505millionand100.6%overbeginningof period.mainlyduetoprocurementpaymentsforsuppliersincreased;
（9）TheendingbalanceofadvancecollectionsincreasedbyRMB54.4546millionand171.93%overbeginning ofperiodmainlyduetoincreaseofadvancesonsalesforexporttradetheendofperiod;
（10）TheendingbalanceofDeferredincometaxassetsdecreasedbyRMB55.7842millionand92.62%overthe beginningofperiodMainlyduethetemporarytaxabledifferenceformulatedbythetransferincomeoftheequity ofShenzhenJinlanDecorativeArticlesIndustrialCo.,Ltd.;
深圳市纺织(集团)股份有限公司2014年第三季度报告正文（11）TheendingbalanceofUndistributedprofitdecreasedbyRMB38.2025millionand30.56%overthe beginningofperiod,mainlyduetothelossesincreased;
（ 12） Investment income in current period decreased by RMB30.2531 million and60.47% year on year mainlyduetotheinvestmentincomeobtainedfromfinancialassetsavailableforsaledecreased;
（13）Non-operating income in current period decreased by RMB 6.4406 million and33.16% year on year, mainlyduetotheincomefromdisposaloffixedassetsdecreased;
（14）ThenetcashflowsfromoperatingactivitiesincreasedbyRMB55.675millionand46.01%yearonyear mainlyduetoimproverawmaterialspurchasemanagementandinventorymanagement,decreasecashpayment forpurchasing;
（15）ThenetcashflowsfrominvestingactivitiesincreasedbyRMB524.7957millionand151.76%yearonyear mainlyduetoreceiveequitybalanceandstructureddepositsofShenzhenJinlanDecorativeSuppliesIndustrialCo. Ltd.inthisperiod;
（16）The netcashflows from financingactivities decreasedby RMB 923.9804millionand98.8%year onyear Mainlyduetothenon-publicofferingofsharesoverthesameperiodlastyear,receiveraisedfunds.
II.Theprogressofsignificanteventsandinfluence,aswellastheanalysisandexplanationonresolvingproposal.√Applicable□Notapplicable
TheprocessingoncooperationwithNittoDenkoandchangingofuseoffundraised.
Due to the quick changing of panel display industry's end-product, the original planed expanding of TFT-LCD polaroid market have changed a lot, there will be no expected economic benefits if we continue to implement the project planed. Our company held the fifth meeting of sixth session of board of directors on March 7, 2014, reviewedandpassedtheProposalAboutChangingOfTheUseOfRaisedFund.Thecompanyplanedtoadjustthe product technology and equipment selection program, that would be Changing the original project into combined the construction of TFT-LCD and AMOLED polaroid second phase renovationproject(6# product line), cooperation with leading company of Nitto Denko to produce new products in polaroid industry to meet thedemandinpanelmarketinthefuture（detailspleaserefertoAnnouncementNo.：2014-12）.OnMarch27,2014, the proposalwas presented to first meeting of the temporary general meeting of stockholders to consider, because its holding company of Shenzhen Investment Holdings Co.,Ltd. was seeking transferee to plan a transfer its part shares at that time, the shareholders considered that it is inappropriate to consider significant corporate matters ingeneralmeetingandabstainedinthevote,theproposalwasnotpassed（detailspleaserefertoAnnouncementNo.：2014-21）.Theconstructionprojectwassuspended,anditcan'tachievetheplannedprogress.
During the reporting period, the Company discussed and negotiated with Nitto Denko on the new cooperation ways and cooperation plans to built a more closed cooperation relationship based on the earlier stage technology cooperation negotiation, but did not reach a agreement, so it is temporarily unable to carry out project implementation materially. We will continued to talk to Nitto Denko on the new cooperation ways and plansandpreparerelatingalternativeoffers.
Dueto thechangingoforiginalplanedfundinthe processofinvestmentprojectconstruction,thesecondphaseof fundsinvestmentwasalsonotreachedthescheme.
深圳市纺织(集团)股份有限公司2014年第三季度报告正文
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|Descriptionofprovisionalannouncement|Dateofdisclosing|Descriptionofthewebsitefordisclosingprovisionalannouncements|
|Resolutionsofthe5thMeetingoftheSixthBoardofDirectorsexamineandapprovetheProposalofUsageAdjustmentofRaisedFunds.|March11,2014|AnnouncementNo.:2014-12（http://www.cninfo.com.cn）|
|Resolutionsofthefirstprovisionalshareholders’generalmeetingin2014didnotexamineandapprovetheProposalofUsageAdjustmentofRaisedFunds.|March28,2014|AnnouncementNo.:2014-21（http://www.cninfo.com.cn）|

III．ThecommitmentsoftheCompanyanditsshareholdersholdingover5%oftheCompany’stotalsharesinthe reportyearofextendingtothereportyearfrompreviousyear.
√Applicable□Notapplicable
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|Commitment|Commitmentmaker|Contents|Timeofmakingcommitment|Periodofcommitment|Fulfillment|
|Commitmentonsharereform|ShenzhenInvestmentHoldingsCo.,Ltd.|Committedwhentherestricted-for-salesharesfromthesharesrestructuringwerelistedforcirculationinthemarket:i.iftheyplantosellthesharesthroughthesecuritiesexchangesysteminthefuture,andthedecreaseofthesharestheyholdreaches5%within6monthsafterthefirstdecrease,theywilldiscloseanannouncementindicatingthesalethroughthecompanywithintwotradingdaysbeforethefirstdecrease;ii.Theyshallstrictlyobservethe“GuidelinesonTransferofRestricted-for-saleOriginalSharesofListedCompanies”andtheprovisionsoftherelevantbusinessprinciplesofShenzhenStockExchange.||Sustainedandeffective|UnderFulfillment|
|Commitmentintheacquisitionreportorthereportonequitychanges||||||
|Commitmentmadeupontheassetsreplacement||||||

深圳市纺织(集团)股份有限公司2014年第三季度报告正文
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|Commitmentsmadeuponissuance|ShenzhenInvestmentHoldingsCo.,Ltd.|The commitments during non-publicissuanceperiod in 2009.PursuanttotheLetterofCommitmentandStatement,ShenzhenInvestmentHoldingsCo.,Ltd.anditswhollyownedsubsidiary,subsidiariesundercontroloranyothercompaniesthathaveactualcontrolofitshallnotbeinvolvedinthebusinessthesameasorsimilartothoseShenzhenTextilecurrentlyorwillruninthefuture,oranybusinessesoractivitiesthatmayconstitutedirectorindirectcompetitionwithShenzhenTextile;iftheoperationsofShenzhenInvestmentHoldingsCo.,Ltd.anditswhollyownedsubsidiaries,subsidiariesundercontrolorothercompaniesthathaveactualcontrolofitcompetewithShenzhenTextileinthesameindustryorcontradicttheinterestoftheissuerinthefuture,ShenzhenInvestmentHoldingsCo.,Ltd.shallurgesuchcompaniestoselltheequity,assetsorbusinesstoShenzhenTextileorathirdparty;whenthehorizontalcompetitionmayoccurduetothebusinessexpansionconcurrentlynecessaryforShenzhenInvestmentHoldingsCo.,Ltd.anditswhollyownedsubsidiaries,subsidiariesundercontrolorothercompaniesthathaveactualcontrolofitandShenzhenTextile,ShenzhenTextileshallhavepriority.|Sustainedandeffective|UnderFulfillment|
||ShenzhenInvestmentHoldingsCo.,Ltd.|The commitments during non-publicissuanceperiod in 2012:1.ShenzhenInvestmentHoldings,asthecontrollingshareholderofShenzhenTextile,currentlyhasn'ttheproductionandbusinessactivitiesofinter-industrycompetitionwithShenzhenTextileoritsshare-holdingsubsidiary.2.ShenzhenInvestmentHoldingsanditsshare-holdingsubsidiariesorotherenterprisesownedtheactualcontrolrightscan'tbedirectlyandindirectlyonbehalfofanyperson,companyorunittoengageinthesameorsimilarbusinessinanydistrictsinthefuturebytheformofshare-holding,equityparticipation,jointventure,cooperation,partnership,contract,lease,etc.,andensurenottousethecontrollingshareholder'sstatustodamagethelegitimaterightsandinterestsofShenzhenTextileandothershareholders,ortogaintheadditionalbenefits.3.|Sustainedandeffective|UnderFulfillment|

深圳市纺织(集团)股份有限公司2014年第三季度报告正文
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|||Iftherewillbethesituationofinter-industrycompetitionwithShenzhenTextileforShenzhenInvestmentHoldingsanditsshare-holdingsubsidiariesorotherenterprisesownedtheactualcontrolrightsinthefuture,ShenzhenInvestmentHoldingswillpromotetherelatedenterprisestoavoidtheinter-industrycompetitionthroughthetransferofequity,assets,businessandotherways.4.AbovecommitmentswillbecontinuouslyeffectiveandirrevocableduringShenzhenInvestmentHoldingsasthecontrollingshareholderofShenzhenTextileorindirectlycontrollingShenzhenTextile.||||
||ShenzhenInvestmentHoldingsCo.,Ltd.|RefertotheAnnouncementofApprovalofApplicationforPrivateIssueofSharesthatissuedbytheBoardofDirectorsofShenzhenTextile(Holdings)Co.,Ltd.（No.:2013-12）|March25,2013|36monthsfromthelistingdayofnewshares,i.e.,March26,2013|UnderFulfillment|
|Othercommitmentsmadetominorityshareholders||||||
|Executedtimelyornot?|Yes|||||
|Detailedpersonforfailingtoexecuteandthenextplan|Notapplicable|||||

IV．Prediction ofBusiness performance for2014.
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 explanationofreason.
√Applicable□Notapplicable
Forenoticeofearnings:Loss
Typeofdatefilledfortheprediction:Intervalfigures
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|-|-|-|
|Yearbeginningtoendofnextreportperiod|Sameperiodofthe|Increaseordecrease%|

深圳市纺织(集团)股份有限公司2014年第三季度报告正文
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|||||previousyear|||||
|Estimatedamountofaccumulativenetprofit(RMB’0000)|-11,500|--|-9,500|4,722|Decrease|344.00%|--|301.00%|
|Basicearningspershares(Yuan/share)|-0.23|--|-0.19|0.10|Decrease|330.00%|--|290.00%|
|Notestoforenoticeofearnings|The company of the expected a loss of about RMB 95 million- RMB 115millionin 2014,The major reasonswere:1,foreign polaroid manufacturersincreasedthe exploition of China's markets and led to intensifying market competition withlow prices; 2, decreased orders led to low operating ratio and higher unit cost; 3,currently,there was only one wide -range product line, frequently product transitionsledtounstablegoodproductrate,andlowerproductgrossprofitrate.Compared with RMB 47.22 million profit at the same period last year, exceptincomes from the transfer shares of Shenzhen Jinlan Decorative Supplies IndustrialCo. Ltd and incomes from sold of financial assets, this year's losses on polaroidbusinessweredecreased.||||||||

V.InvestmentinSecurities
√Applicable□Notapplicable
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|Securitycategory|Securitycode|Shortformofsecurity|Initialinvestmentcost(RMB)|Numberofsharesheldatthebeginningofthereportingperiod(shares)|Shareholdingproportionatthebeginningofthereportingperiod(%)|Numberofsharesheldattheendofthereportingperiod(shares)|Shareholdingproportionattheendofthereportingperiod(%)|Bookbalanceattheendofthereportingperiod(RMB)|Gain.lossofthereportingperiod(RMB)|Accountingitems|Sauceoftheshares|
|Stock|000018|VictoronwardA|11,356,638.86|3,744,594|2.21%|1,722,794|1.02%|17,985,969.36|16,994,763.49|Financialassetsavailableforsale|Legalshares|
|Stock|000030|Fawer|9,847,598.31|985,733|0.34%|985,733|0.34%|7,836,577.35|0.00|Financialassetsavailableforsale|Debtrestructuringrepaymentofshares|

深圳市纺织(集团)股份有限公司2014年第三季度报告正文
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|Total|21,204,237.17|4,730,327|--|2,708,527|--|25,822,546.71|16,994,763.49|--|--|
|Disclosuredateoftheboardannouncementonapprovalofthesecuritiesinvestment|March11,2014|||||||||
|Disclosuredateofthegeneralmeetingannouncementonapprovalofthesecuritiesinvestment(ifany)||||||||||

Stateofholding stocks of otherPLCs
□Applicable√Notapplicable
TheCompanywasnotholdinganystockofotherPLCsasoftheendofreportperiod.
VI.Derivativeinvestment
□Applicable√Notapplicable
Thereisnoderivativeinvestmentduringthereportperiod.
VII. The registration form of acceptance of investigation, communication and interview in the report period for futurereference
□Applicable√Notapplicable
ThePeriodhasnoresearch,communicationandwritteninquiryfromtheinvestorsinthereportperiod.
VIII.Otheritems in thereport period
Thecompanyhad31oddlotswhenimplementedinterestsdistributionbeforethathavebeenregisteredtoa specifiedaccountofChinaSecuritiesDepositoryandClearingCo.,Ltd.ShengzhenBranch(itwillbecalled DepositoryCompanyhereafter).Toresoluteoftheoddlotshistorically,accordingtotheprovisionsofCSRC,the oddlotswouldbelongtoallshareholders.ThecompanysignedaagreementthatisListedCompanyEntrust DepositoryCompanyToSaleOddLotswiththeDepositoryCompanyinJuly2014toentrustandselltheoddlots. TheoddlotsweresoldinSeptember,2014andthenetsoldincomewasRMB279.31thatwasbelongtoListed Company.
TheBoardofDirectorsofShenzhenTextile(Holdings)Co.,Ltd.
October28,2014