Huafang Textile Announcements On Major Asset Restructuring Progress Announcement

< p > Hua Fang < a href= "//www.sjfzxm.com/" target= "_blank" > textile < /a >: Announcement on progress of major asset reorganization < /p >

< p > announcement date 2013-12-03 < /p >

< p > Stock Code: 600273 stock abbreviation: Huafang textile number: 2013-043 < /p >

< p > Hua Fang textile Limited by Share Ltd < /p >

< p > announcement on the progress of major asset restructuring announcement < /p >

< p > the board of directors of the company and all the Directors ensure that there is no false record or misleading statement in the contents of this announcement < /p >

< p > or major omissions, and shall bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.

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< p > If a director has no guarantee or objection to the authenticity, accuracy and completeness of the contents of the interim announcement, < /p >

< p >, the company should make special hints in the announcement.

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< p > Huafang textile Limited by Share Ltd (hereinafter referred to as the "company") opened on September 16, 2013, < /p >.

< p > because of planning for suspension of major matters, the suspension of major asset restructuring public < /p > was released in September 26, 2013.

"P >", the company has planned a major reorganization of assets, the company's stock opened in September 26, 2013, "/p".

< p > no more than 30 natural days.

(see company 2013-024 and 2013-025 announcement) < /p >

< p > in October 26, 2013, the company released the public < /p > on the progress of major asset reorganization and the resumption of its resumption.

< p > notice, announcements of the proposed reorganization of the assets to be injected, reorganization of the counterparty, reorganization plan overview, etc., with the < /p >

At the time of "P", the announcement company seeks to disclose the reorganization plan that meets the requirements by November 26, 2013.

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< p > up to now, the problems related to this < a href= "//www.sjfzxm.com/news/index_s.asp" > /a > /a have been carried out on schedule as scheduled.

"P" has also made positive progress in related discussions, argumentation, legal provisions and so on. The company is summarizing and improving relevant < /p >

< p > document, and strive to disclose the required reorganization plan or report before December 26, 2013.

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< p > announcement.

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< p > < a href= "//www.sjfzxm.com/news/index_c.asp > > Hua Fang textile > /a > Limited by Share Ltd board < /p >

< p > two December 2nd 13 < /p >

< p > Introduction: < /p >

< p > Huafang textile Limited by Share Ltd (hereinafter referred to as the "company") is approved by Jiangsu Provincial People's government, [1998]6, and is jointly sponsored by Huafang Group Co., Ltd. (Hua Yuan Fang Industrial Corporation, hereinafter referred to as Huafang group), Zhangjiagang Tong Qiao welfare woolen mill, Zhangjiagang Qinglong copper material factory, Zhangjiagang City Tong Qiao flower factory and Zhangjiagang Everbright computer printing factory.

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< p > the company was established in April 3, 1998 with the original registered capital of 125 million yuan.

Approved by the China Securities Regulatory Commission in April 28, 2003 (2003) 41, the company publicly issued 90 million shares of RMB common stock in June 12, 2003 and traded on the Shanghai stock exchange in June 27, 2003.

Approved by the Securities Regulatory Commission of China Securities Regulatory Commission No. [2007]114, the Xiang Huafang group issued 100 million shares of common stock in July 2007, with a registered capital of 315 million yuan.

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< p > our company holds the No. 320000000011319 business license of enterprise legal person issued by the Suzhou Administration for Industry and Commerce of Jiangsu province.

The registered capital and paid up capital of the company are 315000000 yuan.

The company's registered address is < a href= "//www.sjfzxm.com/news/index_p.asp" > Jiangsu province < /a > Zhangjiagang Tong Qiao town.

Our company's legal representative is Dai Yun da.

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< p > < /p >.