Jingwei Textile Machinery Limited By Share Ltd Share Price Announcement

The company and

First,

Jingwei Textile Machinery Limited by Share Ltd (hereinafter referred to as "company") stock (securities referred to as: Jingwei Textile machinery, stock code: 000666) the recent rise is relatively large, the company believes that there are abnormal fluctuations in stock trading.

Two, the company pays attention to and verifying the situation.

The company's board of directors has verified the following concerns through internal self-examination and consultation with major shareholders.

1, there is no need to correct and supplement the information disclosed by the company in the early stage.

2, the company's recent business situation is normal, the internal and external business environment has not changed significantly.

3, the company, controlling shareholders and actual controllers do not have any major issues that should be disclosed and not disclosed by the company, or important matters in the planning stage.

Three, there should be no disclosure and no disclosure of information.

The board of directors of the company has confirmed that there are no matters that should be disclosed by the company in accordance with the relevant provisions of the Shenzhen Stock Exchange Listing Rules and other matters that are not disclosed or related to planning, negotiation, intention, agreement, etc., and the board of directors has not received the information that the company has disclosed in accordance with the relevant provisions of the Shenzhen Stock Exchange Listing Rules and has not been disclosed and has a greater impact on the stock price of the company.

Four, the company believes that the necessary risk warning

1, the company's largest shareholder, China Textile Machinery (Group) Co., Ltd. and its actual controller, China Heng Tian (Group) Co., Ltd. promise that there will be no major asset reorganization, acquisition and issue of shares within 3 months.

2, after self inspection, the company does not exist in violation of information fair disclosure.

3, the company acquired the Zhongrong International Trust Co ("China Trust") 36% stake in the matter was completed in August 2010, since August 2010, the fusion trust into the company's consolidated statements.

Under the influence of national macroeconomic regulation and control, the business environment and income of the trust industry may have greater uncertainty. At the same time, the net profit realized by China Trust Trust is uneven in every quarter. In the two months from August 2010 to September, the net profit achieved by the trust company accounted for 39% of its net profit from 1 to September in 2010.

In addition, the net capital management is being implemented for the trust industry, and the smaller scale of the net capital of the trust trust will have some influence on its subsequent development.

Investors should pay attention to investment risk.

4, the information disclosure media designated by the company are "Securities Times" and "www.cninfo.com.cn". The information of the companies concerned is based on the information published in the above designated media. Investors are invited to invest rationally and pay attention to risks.

Notice hereby

Jingwei Textile Machinery Limited by Share Ltd board of directors

November 25, 2010