Haining China Leather City Issued Shares Limited Notice

< p > all members of the company and the board of directors guarantee the authenticity, accuracy and completeness of the announcement, and are jointly and severally liable for false statements, misleading statements or major omissions in the announcement.

< /p >

< p > < strong > special note: < /strong > < /p >.

< p > 1, the number of shares released this time limit is 344253000 shares, accounting for 61.47% of the total share capital of the company.

< /p >

< p > 2. The circulation date of the release of the limited shares is January 26, 2013. Because it is a non trading day, the actual available circulation date for the release of the limited shares is January 28, 2013.

< /p >

< p > < strong > I. The general situation of the issued shares before the initial public offering is less than /strong > /p >

< p > according to the CSRC's "SFC license No. [2009]1493" approval, < a href= "http://www.91se91.com/news/index_p.asp" > Haining < /a > China a href= "http://www.91se91.com/news/index_c.asp" > leather < /a > City Limited by Share Ltd (hereinafter referred to as "company") publicly issued RMB common stock (A share) 70 million shares, and was listed on the Shenzhen stock exchange SME board in January 26, 2010, after the listing, the total share capital of the company is 280 million shares.

< /p >

< p > May 17, 2011, at the annual general meeting of shareholders in 2010, the company passed the "a href=" http://www.91se91.com/news/index_cj.asp "> profit less than /a > allocation and capital reserve fund conversion plan" in 2010, and agreed to take the 280 million shares of the company's total capital stock at the end of 2010 as the base to increase the 10 shares to all shareholders of the company with capital reserve 10 shares.

The date of registration is May 25, 2011, and the date of the ex dividend date and the listing day of the tradable shares is May 26, 2011.

The total share capital of the company is increased from 280 million shares to 560 million shares after the increase in equity.

< /p >

< p > the number of shares that have not yet been lifted is 398031149 shares.

< /p >

< p > < strong > two, and the application for relieving the shares of the restricted shareholders to fulfill their commitments is less than /strong > /p >

< p > this application is to terminate the share lock and limit commitments of the restricted shareholders as follows: < /p >

< p > the actual controller of the company, the Haining Municipal Finance Bureau, the controlling shareholder, the Haining asset management company and the second largest shareholder, the Haining market development and service center, undertake that, within thirty-six months from the date of the listing of the company's stock on the stock exchange, they shall not pfer or entrust others to manage the company's shares held directly or indirectly before the company's issue, nor shall the company acquire the shares.

< /p >

< p > according to the relevant provisions of the implementation measures for the pfer of some state-owned shares to the national social security fund in the domestic stock market, after the first public offering of A shares and the listing of the shares, the Haining asset management company and the Haining market development service center will be pferred to the state-owned shares held by the National Social Security Fund Council. The National Social Security Fund Council will inherit the obligations of the original shareholders.

< /p >

The above commitments have been strictly implemented after verification. The above shareholders do not exist in the case of non operating appropriation of the company's funds, nor are there any acts of breach of warranty by the company against P.

< /p >

< p > < strong > three, the listing and distribution of the lifting of restricted shares is < /strong > < /p >.

< p > 1, the date of releasing the restricted shares is January 28, 2013.

< /p >

< p > 2, the number of shares lifted is 344253000 shares, accounting for 61.47% of the total share capital of the company.

< /p >

< p > 3, the number of shareholders applying for the lifting of shares restricted sale is 3.

< /p >

< p > 4, the lifting of shares and restricted circulation are as follows: < /p >

< p > unit: shares < /p >

< p > sequence number < /p >.

< p > shareholders' full name < /p >

< p > holding restricted shares < /p >

< p > total < /p >

< p > This release is restricted to < /p >.

< p > quantity of shares < /p >

< p > note < /p >

< p > 1 < /p >

< p > Haining asset management company < /p >

< p > 212483600 < /p >

< p > 212483600 < /p >

< p > pledge frozen 100000000 shares < /p >

< p > 2 < /p >

< p > Haining Market Development Service Center < /p >

< p > 117769400 < /p >

< p > 117769400 < /p >

< p > pledge frozen 58880000 shares < /p >

< p > 3 < /p >

< p > the Council of the national social security fund pferred to three households, < /p >

< p > 14000000 < /p >

< p > 14000000 < /p >

< p > < /p >.

< p > total < /p >

< p > 344253000 < /p >

< p > 344253000 < /p >

< p >: < /p >

< p > (1) Haining asset management company holds 212483600 shares of the company's shares, of which 100000000 shares are in a state of hypothecation, and the state of the pledge is unchanged after the lifting of the restricted sale; < /p >

< p > (2) Haining market development service center holds 117769400 shares of the company's shares, of which 58880000 shares are in a state of hypothecation, and the suspension of the pledge is unchanged.

< /p >

< p > < strong > four, reference document < /strong > /p >

< p > 1, application for sale of restricted shares; < /p >

< p > 2, restricted stock listing application form; < /p >

< p > 3, stock structure list and restricted stock list.

< /p >

< p > announcement.

< /p >

< p > Haining China Leather City Limited by Share Ltd < /p >

< p > board of directors < /p >

< p > January 23, 2013 < /p >.