Xinye Textile 2010 Fifth Extraordinary General Meeting Resolution Announcement

Securities code: 002087 securities short: Xinye textile [0.00 0.00%] Bulletin No.: 2010-059

All members of the company and its board of Directors ensure that the contents of the announcement are true, accurate and complete, without false records, misleading statements or major omissions.

1. Important hints

1, the provisional shareholders' meeting did not veto or modify the proposal.

2, there was no new proposal at this meeting.

3. The provisional shareholders' meeting will be carried out by way of on-site voting and online voting.

Two, the meeting and the presence of the Henan Xinye textile Limited by Share Ltd (hereinafter referred to as the "company") the fifth extraordinary shareholders meeting on 2010 issued a notice in December 3, 2010 (see the China Securities Journal in December 3, 2010 and the designated information disclosure website www.cninfo.com.cn), in December 15, 2010 issued a "notice on the convening of the fifth interim shareholders' meeting in 2010" (see the "China Securities Journal" and the designated information disclosure website www.cninfo.com.cn).

The on-site meeting was held on December 20, 2010 at 14 p.m. in the conference room on the third floor of the company.

The online voting started at 15:00 on December 19, 2010 and ended at 15:00 on December 20, 2010.

Among them: the online voting time through the Shenzhen stock exchange trading system is: 9:30-11:30 am December 20, 2010, 13:00-15:00 p.m.; the voting time through the Internet voting system is: 15:00 p.m. December 19, 2010 to 15:00 p.m.

The authorized representatives of shareholders and shareholders attending the provisional shareholders' meeting were 51, representing 192797834 shares of voting shares, representing 37.09% of the 519758400 shares of the company's total share capital.

Among them, the shareholders and shareholders authorized to entrust the on-site meetings were 15, and the number of shares held by the company with voting rights was 191664296 shares, accounting for 36.88% of the total shares of the company.

There were 36 shareholders voting through the Shenzhen stock exchange trading system and the Internet voting system. The number of voting shares held by the company was 1133538 shares, accounting for 0.2181% of the total number of shares of the company.

The meeting was convened by the board of directors of the company and chaired by Mr. Wei Xuezhu, chairman of the board.

Some directors, supervisors, senior managers, representatives of sponsors, and witnessed lawyers attended or attended the meeting.

The convening and convening of the meeting is in conformity with the relevant provisions of the company law, the rules of shareholders' meeting of listed companies and the articles of association.

Three. The deliberation and voting of the motion shall be carried out in the form of on-site voting and online voting. The following items will be considered and approved one by one:

1, the motion to continue to use part of the idle funds temporarily to supplement liquidity, the voting result is: agree 192676266 shares, attend the effective voting of this general meeting.

99.9369% of the Rights shares, against 119868 shares, accounted for 0.0622% of the valid voting shares of the shareholders' meeting, and abstained 1700 shares, accounting for 0.0009% of the valid voting shares of the shareholders' meeting, and the resolution was adopted.

2. The motion on the scale of loans for the company in 2011.

The result of the vote is: 192672766 shares, accounting for an effective vote of the present meeting of the shareholders

99.9351% of the Rights shares, against 125068 shares, accounted for 0.0649% of the valid voting shares of the shareholders' meeting, and abstained 0 shares, and the resolution was adopted.

Four. Witness testimony. This provisional shareholders' meeting is made by Liu Lanyu and Zheng Ping in Beijing Tian Yin law firm. Two

The whole process witnessed and issued the "legal opinion".

According to the legal opinion, the convening and convening procedures of the provisional shareholders' meeting, the qualification of the members attending the meeting, the voting procedures and voting results of the meeting are in conformity with the relevant provisions of the company law, the rules of shareholders' meeting of the listed companies and the articles of association.

Five. Reference files directory

1, Henan Xinye textile Limited by Share Ltd 2010 resolution fifth provisional shareholders' meeting.

2. Beijing Henan silver textile Limited by Share Ltd issued by Tian Yin law firm.

Legal opinions on the fifth provisional shareholders' meeting in 2010.

Notice hereby.

Henan Xinye textile joint stock Limited by Share Ltd board of directors

December 20th, two