Shenzhen Textile(Holdings) Co., Ltd. The First Quarterly Report 2018 Stock code:000045、200045 Stock Abbreviation: Shen Textile A、Shen Textile B Announcement No.: 2018-21 Shenzhen Textile (Holdings) Co., Ltd.
The First Quarterly Report 2018
Shenzhen Textile(Holdings) Co., Ltd. The First Quarterly Report 2018 1 Important Notice
The Board of Directors ,Supervisory Committee, all directors, supervisors and senior executives of the Company hereby guarantees that there are no misstatement, misleading representation or important omissions in this report and shall assume joint and several liability for the authenticity, accuracy and completeness of the contents hereof. All the directors attended the board meeting for reviewing the Quarterly Report.
Mr.Zhu Jun, Person in charge of the Company, Mr. Zhu Meizhu, Chief financial officer and the Mr. Mu Linying Jun, 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 this Quarterly Report .
This Report has been prepared in both Chinese and English , In case any discrepancy , the Chinese version shall prevail.
Shenzhen Textile(Holdings) Co., Ltd. The First Quarterly Report 2018 II. Basic Information of the Company
（1）Main financial data and financial index
Indicate by tick mark whether the Company needs to retroactively restate any of its accounting data.
□ Yes√ No
|||||
|-|-|-|-|
||||Changes of this period over|
||This period|Same period of last year|same period of last year|
||||（％）|
|Operating income（Yuan）|221,307,388.08|272,392,669.11|-18.75%|
|Net profit attributable to the shareholders|5,616,717.00|4,302,137.37||
||||30.56%|
|of the listed company（Yuan）||||
|Net profit after deducting of non-recurring||||
|gain/loss attributable to the shareholders of|-4,641,384.38|-2,285,765.61|-103.06%|
|listed company（Yuan）||||
|Cash flow generated by business operation,|-35,263,573.85|-185,774,958.96||
||||81.02%|
|net（Yuan）||||
|Basic earning per share(Yuan/Share)|0.0110|0.0085|29.41%|
|Diluted gains per share(Yuan/Share)|0.0110|0.0085|29.41%|
|Weighted average return on equity||||
||0.23%|0.13%|0.10%|
|（%）||||
||||Changes of this period-end|
||End of this period|End of last period|over same period-end of last|
||||year(%)|
|Gross assets（Yuan）|4,172,890,105.33|4,195,746,507.56|-0.54%|
|Net assets attributable to the shareholders|2,403,478,906.15|2,397,474,603.79||
||||0.25%|
|of the listed company（Yuan）||||

Items and amount of non-current gains and losses
√ Applicable□ Not applicable
In RMB
||||
|-|-|-|
|||Changes of this period-end over|
|End of this period|End of last period||
|||same period-end of last year(%)|
|Non-current asset disposal gain/loss(including the write-off part|||
||-34,105.41||
|for which assets impairment provision is made)|||
|Govemment subsidy recognized in current gain and|||
||4,658,570.00||
|loss(excluding those closely related to the Company’s business|||

Shenzhen Textile(Holdings) Co., Ltd. The First Quarterly Report 2018
||||
|-|-|-|
|and granted under the state’s policies)|||
|Profit /loss on entrusting others with investments or asset|||
||12,548,525.85||
|management|||
|Other non-operating income and expenditure except for the|||
||-48,304.80||
|aforementioned items|||
|Less: Amount of influence of income tax|21,673.80||
|Amount of influence of minority interests（After tax）|6,844,910.46||
|Total|10,258,101.38|--|

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 First Quarterly Report 2018 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|||||
|Total number of common||||with the voting power|||||
|||39,976|||||0||
|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|45.78%|234,069,436||0||||
|ShenzhenShenchaoTechnologyInvestment Co.,Ltd.|State-ownedLegal person|3.15%|16,129,032||0||||
|Fujiang BairuiJiayuan, AssetManagement Co.,Ltd.－BairuiJiayuan Growth IFund|Other|0.73%|3,731,535||0||||
|Sun Huiming|Domestic Natureperson|0.62%|3,192,767||0||||
|Li Songqiang|Domestic Natureperson|0.48%|2,443,078||0||||
|Liu Dongxia|Domestic Natureperson|0.30%|1,544,800||0||||
|Zhu Ye|Domestic Natureperson|0.26%|1,331,945||0||||
|Xiong Yan|Domestic Natureperson|0.21%|1,058,900||0||||
|Hong Fan|Domestic Nature|0.20%|1,047,600||0||||

Shenzhen Textile(Holdings) Co., Ltd. The First Quarterly Report 2018
||||||||
|-|-|-|-|-|-|-|
||person||||||
|Zheng Junsheng|Domestic Natureperson|0.20%|1,000,000|0|||
|Shareholding of top 10 shareholders of unrestricted shares|||||||
|||Quantity of unrestricted shares held at the end of the|||Share type||
|Name of the shareholder|||||||
|||reporting period|||Share type|Quantity|
|Shenzhen Investment Holdings Co.,Ltd.||234,069,436|||RMB Common||
|||||||234,069,436|
||||||shares||
|Shenzhen Shenchao TechnologyInvestment Co., Ltd.||16,129,032|||RMB Common||
|||||||16,129,032|
||||||shares||
|Fujiang Bairui Jiayuan, AssetManagement Co., Ltd.－BairuiJiayuan Growth I Fund||3,731,535|||||
||||||RMB Common||
|||||||3,731,535|
||||||shares||
|Sun Huiming||3,192,767|||Foreign shares||
||||||placed in||
|||||||3,192,767|
||||||domestic||
||||||exchange||
|Li Songqiang||2,443,078|||RMB Common||
|||||||2,443,078|
||||||shares||
|Liu Dongxia||1,544,800|||RMB Common||
|||||||1,544,800|
||||||shares||
|Zhu Ye||1,331,945|||RMB Common||
|||||||1,331,945|
||||||shares||
|Xiong Yan||1,058,900|||RMB Common||
|||||||1,058,900|
||||||shares||
|Hong Fan||1,047,600|||RMB Common||
|||||||1,047,600|
||||||shares||
|Zheng Junsheng||1,000,000|||RMB Common||
|||||||1,000,000|
||||||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|||||
|||Company did not whether there is relationship between the top ten shareholders holding|||||
|Related or acting-in-concert parties|||||||
|||non-restricted negotiable shares and between the top ten shareholders holding non-restricted|||||
|among shareholders above|||||||
|||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.|||||
|||The Company Fujiang Bairui Jiayuan, Asset Management Co., Ltd.－Bairui Jiayuan Growth|||||
|Explanation on shareholders|||||||
|||I Fund holds 3,731,535 shares of the Company through stock account with credit transaction ;|||||
|participating in the margin trading|||||||
|||The Company Shareholder Li Songqiang holds1,837,653 shares of the Company through|||||
|business(if any )|||||||
|||stock account with credit transaction ; The Company Shareholder Liu Dongxia|||||

Shenzhen Textile(Holdings) Co., Ltd. The First Quarterly Report 2018
||
|-|
|holds1,544,800 shares of the Company through stock account with credit transaction ;|
|The Company Shareholder Zhu Ye holds 1,331,945 shares of the Company through stock|
|account with credit transaction ; The Company Shareholder Hong Fan holds 18,700 shares of|
|the Company through stock account with credit transaction .|

Whether top ten common shareholders or top ten common shareholders with un-restrict shares held have a buy-back agreement dealing in reporting period.
□ Yes√ No
The top ten common shareholders or top ten common shareholders with un-restrict shares held of the Company have no buy–back agreement dealing in reporting 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 First Quarterly Report 2018 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 ending balance of bank deposit decreased by RMB 456.7557 million and 39.20% over beginning of period，|
|It mainly purchases structured deposits, and the corresponding amount is transferred to other current assets.|
|2.The ending balance of Notes receivable decreased by RMB 20.5022 million and 46.38% over beginning of|
|period，Mainly due to the maturity of the notes.|
|3.The ending balance of Prepayments increased by RMB 13.36 million and 97.18% over beginning of period，|
|Mainly due to the development of trade business.|
|4. The ending balance of Other current account increased by RMB 131.2543 million and 278.28% over beginning|
|of period，This is mainly due to the increase in prepaid technical services.|
|5. The ending balance of account payable decreased by RMB 42.5835 million and 43.85% over beginning of|
|period，Mainly due to payable accounts payable.|
|6. The ending balance of Employee benefits payable decreased by RMB9.5982 million and 32.53% over|
|beginning of period, Mainly due to the payment of employee compensation in the previous year.|
|7. Financial expenses in current period increased by RMB 2.9304 million and 78.28% Year on Year, The main|
|reason is to obtain a reduction in interest income.|
|8. Impairment loss of assets in current period decreased by RMB2.6427 million and 47.40% year on year，The|
|main reason is to reduce the provision for falling prices of polarizers.|
|9.Investment Income in current period increased by RMB4.7463 million and 57.59% year on year, The main|
|reason is to increase the income from entrusted financial management.|
|10 .The net cash flows from operating activities in current period increased by RMB150.5114 million and 81.02%|
|year on year，The cash paid for the purchase of raw materials was mainly reduced year-on-year.|
|11.The net cash flows from investment activities in current period decreased by RMB416.1901 million and|
|2,922.05% year on year，The cash paid for the purchase of raw materials was mainly reduced year-on-year.|
|Mainly due to the year-on-year decrease in the net cash flow from the purchase of and redemption of structured|
|deposits and trust management.|
|12.The net cash flows from financing activities in current period increased by RMB4.9825 million and 100.19%|
|year on year，Mainly due to the increase in the payment of foreign exchange bills|

II. The progress of significant events and influence, as well as the analysis and explanation on resolving proposal.
√ Applicable□ Not applicable
(1) Progress information about the second phase of No.6 line TFT-LCD polarizer project
During the reporting period, the optimization of the second phase of the 6th line project was carried out according to plan. In view of the declining prices of 32 Inch products in the polarizer market at the end of 2017, the company launched the host equipment for Phase 2 Line 6 at the end of 2017 to adjust the product structure.
Improve optimization. The optimization of the project was carried out according to plans, and the drying oven
reconstruction project, the ceiling lifting project of the fitting zone, and the wet process driving transformation
project were completed, and the optimization and improvement of the AOI system transformation were being
Shenzhen Textile(Holdings) Co., Ltd. The First Quarterly Report 2018 carried out. As of March 31, 2018, the cumulative investment in the second phase of Line 6 was RMB 574.1186 million, accounting for 81.98% of the total investment amount of RMB 700.34 million after the change, of which the actually paid investment was RMB 542.9818 million (used the raised funds of RMB 211.6002 million, and used the self-owned funds and government funds of RMB 331.3816 million).
(II)About the Progress of Signing the Technology Cooperation Contract between theCompany’s Subsidiary and Japan Nitto
In order to introduce the world's leading technology of Japanese polarizer company, it plans to build an ultra-wide-width i.e. the width 2,500mm of TFT-LCD polarizer production line project (hereinafter referred to as "Line 7 Project"), Shenzhen Shengbo Optoelectronics Technology Co., Ltd (Hereinafter referred as "Shengbo Optoelectronic") on November 6, 2017 and Hangzhou Jinjiang Group Co., Ltd (hereinafter referred to as "Jinjiang Group") and Kunshan Chimei Material Technology Co., Ltd signed the "Technology Cooperation Contract" with Japan Nitto Corporation( Hereinafter referred as "Nitto") in connection to related matters of introducing the production line technology of 2,500mm polarizer. The company plans to, through the cooperation with
professional investment institution and initiated by Jinjiang Group and that Shengbo Optoelectronics participated in, establish the polarizer industry fund, and the Fund and Shengbo Optoelectronic set up the “Project Company” as a main construction body to invest and construct the Line 7 Project. For details, please refer to theCompany’s “Announcement on theCompany’ssubsidiary’s Signing of Technology Cooperation Contract” disclosed on http://www.cninfo.com.cn.
During the reporting period, the "Technology Cooperation Contract" has been in normal performance, and the Company carried out the communication and confirmation of the project schedule, plant planning and design, equipment specification and parameters and others related to the Line 7 Project with Nitto. The company will continuously disclose the performance information of the aforementioned contract and the progress of the Line 7 project, and fulfill the review of procedures and the information disclosure in accordance with the amount of investment.
III. Commitments finished in implementation by the Company, shareholders, actual controller, acquirer, directors, supervisors, senior executives or other related parties in the reporting period and commitments unfinished in implementation at the end of the reporting period
√Applicable□Not applicable
||||||||
|-|-|-|-|-|-|-|
|||||Time of|||
||Commitment||||Period of||
|Commitment||Type|Contents|making||Fulfillment|
||maker||||commitment||
|||||commitment|||
||||As Shenzhen||||
||||Investment||||
||||Holdings Co.,||||
||Shenzhen||||||
||||Ltd., the||||
|||Share|||||
||Investment||controlling|August 4,|Sustained and|Under|
|Commitment on share reform||reduction|||||
||Holdings Co.,||shareholder of|2006|effective|Fulfillment|
|||commitment|||||
||Ltd.||the company,||||
||||committed||||
||||when the||||
||||restricted-for-s||||

Shenzhen Textile(Holdings) Co., Ltd. The First Quarterly Report 2018
||
|-|
|ale shares|
|from the|
|shares|
|restructuring|
|were listed for|
|circulation in|
|the market: i.|
|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|
|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|

Shenzhen Textile(Holdings) Co., Ltd. The First Quarterly Report 2018
||||||||
|-|-|-|-|-|-|-|
||||business||||
||||principles of||||
||||Shenzhen||||
||||Stock||||
||||Exchange.||||
|Commitment in the acquisition report|||||||
|or the report on equity changes|||||||
||||The company,||||
||||according to||||
||||the relevant||||
||||provisions of||||
||||Measures for||||
||||the||||
||||Administratio||||
||||n of Major||||
||||Asset||||
||||Restructuring||||
||||of Listed||||
||||Companies,||||
||||No.10||||
||||Guidelines for||||
||||Business||||
||||Handling of||||
||||Listed||||
|||No major|||||
||Shenzhen||Companies-||||
|Commitment made upon the assets||asset||December|February||
||Textile(Holdin||Major Asset|||Fulfilled|
|replacement||restructuring||19,2016|18,2017||
||gs) Co., Ltd.||Restructuring||||
|||commitments|||||
||||and No.9||||
||||Business||||
||||Memorandum||||
||||of Main Board||||
||||Information||||
||||Disclosure-Su||||
||||spending||||
||||Stock-trading||||
||||for Listed||||
||||Companies,||||
||||committed||||
||||that the||||
||||company shall||||
||||not plan a||||
||||major asset||||
||||restructuring||||
||||matter in 2||||

Shenzhen Textile(Holdings) Co., Ltd. The First Quarterly Report 2018
||||||||
|-|-|-|-|-|-|-|
||||months||||
||||commenced||||
||||from the date||||
||||of termination||||
||||of the major||||
||||asset||||
||||restructuring||||
||||namely the||||
||||date of||||
||||announcement||||
||||on resuming||||
||||the company's||||
||||stock trading.||||
||||Shenzhen||||
||||Investment||||
||||Holdings Co.,||||
||||Ltd. signed a||||
||||“Letter of||||
||||Commitment||||
||||and Statement||||
||||on Horizontal||||
||||Competition||||
||||Avoidance”||||
||||when the||||
||||company||||
|||Commitments|issued||||
|||on horizontal|non-public||||
||Shenzhen||||||
|||competition,|stocks in||||
||Investment|||October 9,|Sustained and|Under|
|Commitments made upon issuance||related|2009.||||
||Holdings Co.,|||2009|effective|Fulfillment|
|||transaction|Pursuant to||||
||Ltd.||||||
|||and capital|the Letter of||||
|||occupation|Commitment||||
||||and Statement,||||
||||Shenzhen||||
||||Investment||||
||||Holdings Co.,||||
||||Ltd. and its||||
||||wholly owned||||
||||subsidiary,||||
||||subsidiaries||||
||||under control||||
||||or any other||||
||||companies||||
||||that have||||

Shenzhen Textile(Holdings) Co., Ltd. The First Quarterly Report 2018
||
|-|
|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|
|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.,|

Shenzhen Textile(Holdings) Co., Ltd. The First Quarterly Report 2018
|||||||
|-|-|-|-|-|-|
|||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||||
|||or other||||
|||companies||||
|||that have||||
|||actual control||||
|||of it and||||
|||Shenzhen||||
|||Textile,||||
|||Shenzhen||||
|||Textile shall||||
|||have priority.||||
|||The||||
||Commitments|commitments||||
||on horizontal|during the||||
|Shenzhen||||||
||competition,|period||||
|Investment|||July 14,|Sustained and|Under|
||related|non-public||||
|Holdings Co.,|||2012|effective|Fulfillment|
||transaction|issuance in||||
|Ltd.||||||
||and capital|2012: 1.||||
||occupation|Shenzhen||||
|||Investment||||

Shenzhen Textile(Holdings) Co., Ltd. The First Quarterly Report 2018
||
|-|
|Holdings, as|
|the controlling|
|shareholder of|
|Shenzhen|
|Textile,|
|currently|
|hasn't the|
|production|
|and business|
|activities of|
|inter-industry|
|competition|
|with Shenzhen|
|Textile or its|
|share-holding|
|subsidiary. 2.|
|Shenzhen|
|Investment|
|Holdings and|
|its|
|share-holding|
|subsidiaries or|
|other|
|enterprises|
|owned the|
|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,|

Shenzhen Textile(Holdings) Co., Ltd. The First Quarterly Report 2018
||
|-|
|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|
|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|

Shenzhen Textile(Holdings) Co., Ltd. The First Quarterly Report 2018
||||||||
|-|-|-|-|-|-|-|
||||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||||
||||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,|||
||||||2016-03-25|Fulfilled|
||Holdings Co.,|commitment|d lock handle,|2013|||
||Ltd.||locking Shen||||
||||Textile non-pu||||
||||blic offering o||||
||||n the stock ma||||
||||rket of 36 mon||||
||||ths.||||
||||1.The||||
||Shenzhen||||||
|||Other|company|November|December|Under|
|Equity incentive commitment|Textile(Holdin||||||
|||commitment|undertakes not|27,2017|27,2021|Fulfillment|
||gs) Co., Ltd.||||||
||||to provide||||

Shenzhen Textile(Holdings) Co., Ltd. The First Quarterly Report 2018
||||
|-|-|-|
|||loans, loan|
|||guarantees,|
|||and any other|
|||forms of|
|||financial|
|||assistance to|
|||the incentive|
|||objects for|
|||obtaining the|
|||restricted|
|||stocks in the|
|||incentive plan;|
|||2. The|
|||company|
|||undertakes|
|||that there is no|
|||circumstance|
|||that the stock|
|||incentive shall|
|||be prohibited|
|||as stipulated|
|||in the|
|||provisions of|
|||Article 7 of|
|||the “Measures|
|||for the|
|||Management|
|||of Stock|
|||Incentives of|
|||Listed|
|||Companies”.|
|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|Not applicable||
|unfulfillment and the net stage of the|||
|working plan|||

Shenzhen Textile(Holdings) Co., Ltd. The First Quarterly Report 2018IV．Prediction of Business performance for January- June 2018
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. Investments in derivatives
□ Applicable√ Not applicable
There is no derivative investment during the report period.
VII. The registration form of acceptance of investigation, communication and interview in the report period for future reference
□ Applicable√ Not applicable
The Period has no research, communication and written inquiry from the investors in the report period.
VIII. Outward Guarantee against the Regulations
□ Applicable√Not applicable
The Company has no external guarantee get out of the line in the Period
IX. Controlling shareholder and its related parties occupying non-business capital of the listed company□ Applicable√Not applicable
There are no controlling shareholder and its related parties occupying non-business capital of the listed company in Period.
The Board of Directors of Shenzhen Textile (Holdings) Co., Ltd. April
27th
,2018