Anhui Huamao Textile Limited By Share Ltd Announcement

1 important hints

1.1 the board of directors, board of supervisors and directors, supervisors and senior management of the company shall guarantee the contents contained in this report.

1.2 No.

1.3 in addition to the following directors, the other directors attended the quarterly report in person.

Did not personally attend the name of the director

Did not attend the directorship personally

Reasons for not attending the meeting in person

Name of client

nothing

nothing

nothing

nothing

1.4 the company's third quarter financial report was not audited by accounting firms.

1.5 Mr. Zhan Lingzhi, the person in charge of the company, Mr. Zuo Zhipeng, the person in charge of accounting work, and Mr. Wang Zhanghong, head of accounting institutions, said: "ensure the authenticity and completeness of financial reports in quarterly reports.

2 company's basic situation

2.1 main accounting data and financial indicators

Unit: Yuan

2010.9.30

2009.12.31

Increase or decrease margin (%)

Total assets (yuan)

Five billion one hundred and seventy-eight million six hundred and fifty-five thousand two hundred and eighty-nine point eight two

Three billion seven hundred and thirty-two million five hundred and seventy-eight thousand and sixty-one point eight eight

38.74%

Owners' equity attributable to shareholders of listed companies (yuan)

Two billion eight hundred and eighty-seven million five hundred and thirty-three thousand two hundred and sixty-one point zero nine

One billion six hundred and three million one hundred and thirty-three thousand five hundred and forty point eight six

80.12%

Share capital (share)

Six hundred and twenty-nine million one hundred and ten thousand and six

Six hundred and twenty-nine million one hundred and ten thousand and six

0%

Net assets per share (yuan / share) attributable to shareholders of listed companies

Four point five nine

Two point five five

80%

2010 7-9

Increase or decrease (%) compared with the same period last year

2010 1-9

Increase or decrease (%) compared with the same period last year

Total operating income (yuan)

Five hundred and forty million three hundred and ninety-six thousand and seventy-two point nine seven

27.81%

One billion four hundred and sixty-three million five hundred and eighty-four thousand eight hundred and sixty-seven point five nine

32%

Net profit attributable to shareholders of listed companies (yuan)

Thirty-eight million five hundred and thirteen thousand four hundred and seventy-three point one four

1035%

One hundred and one million two hundred and seventy-eight thousand seven hundred and eleven point four five

257.33%

Net cash flow from operating activities (yuan)

-

-

Three hundred and seven million one hundred and seven thousand five hundred and twenty point three one

-7.07%

Net cash flow from operating activities per share (yuan / share)

-

-

Zero point four nine

-7.55%

Basic earnings per share (yuan / share)

Zero point zero six one

971.43%

Zero point one six one

222%

Diluted earnings per share (yuan / share)

Zero point zero six one

971.43%

Zero point one six one

222%

Weighted average return on net assets (%)

1.33%

1.60%

3.51%

1.66%

Weighted average return on net assets after deducting non recurring gains and losses (%)

1.06%

1.62%

2.71%

8.94%

Non recurrent profit and loss project

From the beginning of the year to the end of the report

Note appended

Profit and loss disposal of illiquid assets

Four hundred and fifty-two thousand seven hundred and sixty-two point one four

Government subsidies included in current profits and losses are closely related to the normal business operations of the company, except for government subsidies that meet the requirements of the state policies and enjoy certain quota or quantitative enjoyment according to certain standards.

Twenty-eight million six hundred and thirty-eight thousand four hundred and forty-eight point one four

Capital occupation fees charged to non-financial enterprises included in current profits and losses

-1309760.28

Other non operating income and expenses other than those mentioned above

Two million eight hundred and ninety-three thousand six hundred and nineteen point zero eight

Impact of minority shareholders' equity

-19055.42

Income tax impact

-7640694.26

Total

Twenty-three million fifteen thousand three hundred and nineteen Point Four Zero

-

2.2 the total number of shareholders at the end of the reporting period and the top ten shareholders' terms of indefinitely selling conditions.

Unit: stock

Total number of shareholders at the end of the reporting period (household)

Fifty-eight thousand six hundred and seventy-eight

The top ten shareholders of tradable shares under unlimited selling conditions

Name of shareholder (full name)

The number of tradable shares with unlimited sale conditions at the end of the term

type

Founder Securities Limited liability company

Eighteen million nine hundred and eight thousand two hundred and eighteen

Renminbi common stock

Miao de Qi

Three million fifteen thousand four hundred and ninety-six

Renminbi common stock

Jinzhou Kaiyang Trading Co., Ltd.

Two million nine hundred and three thousand and six hundred

Renminbi common stock

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Dalian Huaxin trust Limited by Share Ltd - beta 1 structured portfolio investment portfolio

One million nine hundred and ninety thousand

Renminbi common stock

Wuhan Wuzhou Property Development Co., Ltd.

One million eight hundred and sixteen thousand six hundred and seventy-two

Renminbi common stock

Wuhan Sinde Real Estate Investment Development Co., Ltd.

One million four hundred and thirty thousand nine hundred and nineteen

Renminbi common stock

Huang Wen Jun

One million three hundred and thirty-two thousand nine hundred and twenty-two

Renminbi common stock

Fu Li Yan

Nine hundred and seventy thousand

Renminbi common stock

Wuhan Yinhai Real Estate Co., Ltd.

Nine hundred and fifty-five thousand and eight hundred

Renminbi common stock

Liu Mei

Nine hundred and forty thousand

Renminbi common stock

3 important items

3.1 the situation and reasons for major changes in accounting statements and financial indicators of the company

Application is not applicable.

1. The end of the notes receivable increased by 53.33% from the end of last year, mainly due to the increase in the number of notes received at the end of the company and some of the bills have not yet been paid.

2, the end of advance payment accounts for a 33.34% decrease from the end of last year, mainly due to the payment of some raw materials purchased by the company.

3, the end of the other receivables increased by 269.16% from the end of last year, mainly due to the overseas investment of Anhui Huamao industrial investment company.

4, the end of inventory fell by 33.98% compared with the end of last year, mainly due to the company's raw material balance at the end of last year.

5, other current assets increased by 1380.55% over the end of last year, mainly due to the fact that the cost of parts and fittings that need to be amortized in one year is not yet amortized.

6, the sale of assets available for sale is up 379.14% from the end of last year, mainly due to the stock price rise of Hongyuan securities (22.20, -1.00, -4.31%) and GF Securities (54.66, -2.38, -4.17%) held by the company.

7. The construction period is 24883.8% higher than the beginning of this period. The main reason is that the Anhui subsidiary of the Huamao textile (Qianshan) Co., Ltd. is still under construction, and the project is not completed.

8. The end of the notes payable decreased by 84.42% from the end of last year, mainly due to the maturity of the bank acceptance bill purchased by the company.

9, the end of the accounts receivable increased by 112.74% from the end of last year, mainly due to the fact that the payment of the advance customer has not yet been processed.

10, the end of the payroll payable for employees is up 830.65% from the end of last year, mainly due to the fact that some of the expenses have not yet been paid.

11, the tax payable should be increased by 611.55% over the end of last year, mainly due to the fact that the tax payable should not be paid at the end of the current period.

12, other payables decreased by 39.68% compared with the beginning of the current period, mainly due to the decrease in other payments due to the company's holding subsidiary.

13, the other end of the current liabilities increased by 122.66% from the end of last year, mainly due to the undue payment of the utilities and freight charges mentioned at the end of the company.

14, the end of the deferred income tax liabilities increased by 394.44% from the end of last year, mainly due to the increase in the income tax on the fair value change of the sale of financial assets.

15, the end of capital accumulation period increased by 274.23% from the end of last year, mainly due to the stock price rise of Hongyuan securities and GF Securities held by the company at the end of last year.

16, the operating income in the profit statement is 32% higher than that in the same period last year, mainly due to the increase in production during this period and the improvement of the textile market situation, and the rise in product prices, resulting in an increase in the sales revenue of products.

17, the business tax and additional period in the profit statement increased by 70.08% over the same period last year. The main reason is that the value added tax is greater than the input tax in the current period, resulting in an increase in the value added tax payable in the current period.

18, the financial expenses in the profit statement increased by 99.95% over the same period last year. The main reason was that the exchange earnings were more than that in the previous period. The two is that the high quality boutique precision spinning project issued by the company issuing corporate bonds has been completed at the end of last year, and the interest on corporate bonds has all been included in the financial cost, which has increased the financial cost.

19, the loss of assets impairment in the profit statement is 102.62% lower than that in the same period last year, mainly due to the increase in the provision for bad debts in the corresponding period.

20, the investment income in the profit statement is 30.55% lower than that in the same period last year, mainly due to the decrease in dividends received by Hongyuan securities, GF Securities and Guotai Junan three companies during the current period compared with the same period last year.

21. The operating income in the profit statement is 2943.25% higher than that in the same period last year, mainly due to the increase in government subsidies received during the current period compared with the previous year.

22. The operating expenses in the profit statement increased by 2947.96% over the same period last year, mainly due to the increase in public interest donations over the same period last year.

23, the income tax expense has increased by 1670.87% over the same period last year, mainly due to the increase in the main business profits of the company during the current period, resulting in an increase in the amount of income tax payable.

24. Net cash flow from operating activities decreased by 7.07% over the same period last year, mainly due to the increase in the amount of purchase payments paid during the current period compared with the previous period.

25. Net cash flow from investment activities increased by 13.44% over the same period last year, mainly due to the purchase of fixed assets in the previous period.

26. Net cash flow from financing activities decreased by 149.62% over the same period last year, mainly due to the increase in cash payments made during the current period compared with the same period last year.

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3.2 analysis of the progress of major issues and their impact and Solutions

3.2.1 non standard opinion

Application is not applicable.

3.2.2 has the situation of providing funds to the controlling shareholder or its affiliated party, and providing guaranty in violation of the prescribed procedures.

Application is not applicable.

3.2.3 signing and performance of major contracts under day-to-day operation

Application is not applicable.

3.2.4 other

Application is not applicable.

3.3 performance of commitments by companies, shareholders and actual controllers

Application is not applicable.

Commitments

Committed person

Commitment content

Performance

Commitment to share reform

Anhui Huamao Group Co., Ltd.

In 1 and November 2005, the company began to implement the split share structure reform and completed the split share structure reform in January 12, 2006. The controlling shareholder of Anhui Huamao Group Co., Ltd. is also the only non tradable shareholder's commitment. It will comply with the provisions of laws, regulations and rules, fulfill the statutory commitment obligation, and hold 3.4 shares of the 10 non tradable share holders, and the non tradable shareholders pay 85558960 shares to the tradable shareholders.

At the same time, the Anhui Huamao Group also made the following special commitments: it will not be traded within 48 months after the expiration of the statutory commitment period (i.e. 12 months after the stock is granted the right to circulation).

We must strictly abide by our commitments and have not committed any breach of commitments.

Commitments made in the report of acquisition or change of interest

nothing

nothing

nothing

Commitments made in major asset reorganization

nothing

nothing

nothing

Commitments made at issue

nothing

nothing

nothing

Other commitments (including additional commitments)

nothing

nothing

nothing

3.4 forecast the cumulative net profit from the beginning of the year to the end of the next reporting period may be a loss or a cautionary note and a reason for a significant change compared with the same period last year.

Application is not applicable.

Performance forecast

Upward trend in the same direction

End of next reporting period

The same period last year

Increase or decrease (%)

Estimated total net profit (10000 yuan)

Fifteen thousand

--

Seventeen thousand and five hundred

Seven thousand one hundred and nine point six six

increase

100%

--

150%

Basic earnings per share (yuan / share)

Zero point two four

--

Zero point two eight

Zero point one one three

increase

100%

--

150%

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Explanation of performance notice

Due to the regulatory policy requirements of the CSRC "Shen Yi Kong Yi", the company passed the first motion of the provisional shareholders' meeting in 2009 and adopted the motion on dealing with Limited by Share Ltd stock. It is impossible for the company to accurately estimate the performance of the company from the beginning to the next reporting period because the underlying securities price is greatly influenced by the stock market.

The company will disclose it in accordance with the regulations after the next reporting period.

3.5 other important matters to be explained

3.5.1 investment in securities

Application is not applicable.

3.5.2 report period reception research, communication, interviews and other activities table

Reception time

Reception place

Reception mode

Receptionist

Main contents and information provided

08, 25 2010

Securities Office

Field research

Liu Yuan, a researcher in Hongyuan securities textile industry

The basic situation of the company's operation and management and the development prospects of its main business are not provided.

09, 16 2010

Securities Office

Field research

Mr. Li, Founder Securities Investment Department

The company's current textile business development ideas, main business operations, equity investments, and so on, did not provide information.

09, 17 2010

Securities Office

Field research

Guo Yuan Securities (14.89, -0.67, -4.31%) researcher Lee

No information was provided on the establishment of a joint venture company in Xinjiang, the changes in ownership of controlling shareholders, the impact of the implementation of Wanjiang industrial belt pfer on the company, and the situation of subsidiaries of Huamao industrial investment company.

09, 30 2010

-

Telephone communication

Public investors

The company's production and operation, equity investment and so on.

3.6 investment in derivatives

Application is not applicable.

Position of investment in derivatives at the end of 3.6.1 reporting period

Application is not applicable.

Securities code: 000850 securities short: Hua Mao shares announcement number: 2010-042

Anhui Huamao textile Limited by Share Ltd on reduction

Hongyuan securities Limited by Share Ltd shares continued progress 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.

Anhui Huamao textile Limited by Share Ltd (hereinafter referred to as "company" or "our company") originally held Hongyuan securities Limited by Share Ltd (hereinafter referred to as "Hongyuan securities") 18 million 300 thousand shares of unlimited sale conditions, accounting for 1.25% of Hongyuan securities's total share capital.

In order to implement the regulatory policy requirements of the CSRC "Shen Yi Kong Yi", the company passed the first provisional shareholders' meeting in 2009 to adopt the motion on dealing with Limited by Share Ltd stock of Hongyuan securities (announcement number: 2009-021).

As of October 26, 2010, the company sold 3280000 shares of Hongyuan securities held by the Shenzhen stock exchange centralized auction system, and 15020000 shares of Hongyuan securities, accounting for 1.03% of the total share capital of Hongyuan securities.

The above sold Hongyuan securities will increase the investment income of 2010. After preliminary calculation, the profit after tax will be about 50 million 949 thousand and 800 yuan, accounting for 71.66% of the net profit in 2009.

Regarding the sale of Hongyuan securities, we will continue to fulfill the obligation of continuous disclosure in accordance with the requirements of the Shenzhen Stock Exchange's listing rules, and invite investors to pay attention to investment risks.

This is hereby announced.

Anhui Huamao textile Limited by Share Ltd board of directors

October 28th, two