Shandong Jining Ruyi Wool Textile Company'S Stock Trading Fluctuation Announcement

All members of the company and the board of directors guarantee that the contents of the information disclosure are true, accurate and complete, without false records, misleading statements or major omissions.

      一、股票交易異常波動的具體情況

As of February 27, 2009, the closing price of the company's shares rose for a total of over 20% in 3 consecutive trading days. According to the relevant rules of the Shenzhen Stock Exchange's trading rules, the stock pactions were abnormal fluctuations.

      二、股票交易異常波動的說明

1. Recently, the public media reported that the "efficient short process embedded composite spinning technology" jointly undertaken by the company affiliated Shandong Ruyi science and Technology Group Co., Ltd., Wuhan University of Science and Engineering and Xi'an Polytechnic University jointly approved the technical appraisal meeting hosted by the China Textile Industry Association in February 17, 2009 and promoted it in the whole industry.

This technology is the original technology of independent intellectual property in China's textile industry, and has formed a breakthrough in the traditional spinning technology from theory to practice.

The company's revenue in 2008 was 494 million 527 thousand and 700 yuan, an increase of 0.06% over the same period last year, with a total profit of 58 million 250 thousand and 500 yuan in the 2008 year, a decrease of 14.17% over the same period last year, and a net profit of 49 million 9 thousand and 500 yuan in the 2008 year, up 11.54% over the same period last year.

2, the recent production and operation of the company is normal, and no significant changes have taken place in the internal and external business environment.

3, after enquiry, the controlling shareholder of Shandong, Ruyi wool spinning Refco Group Ltd and the actual controller Chellona Orient Asset Management Corp do not have significant information that should be disclosed and not disclosed, nor are there any major issues in the planning stage.

4, after enquiry, the controlling shareholder of Shandong, Ruyi wool spinning Refco Group Ltd and the actual controller Chellona Orient Asset Management Corp did not buy or sell shares in the company during the abnormal fluctuation of stock trading.

5, there is no violation of fair information disclosure regulations.

      三、風險提示

The China Securities Journal and the securities times specify the information disclosure for the company. The giant tide information website specifies the information disclosure website for the company. All the information of the company is based on the official announcement published in the above designated newspapers and websites. Investors are invited to invest rationally and invest risks.

This is hereby announced.

Shandong Lu Jining Ruyi wool textile Limited by Share Ltd

Board of directors

Editor in chief: Xu Qiyun