Lian FA Textile: Partial Share Lifting Of The Controlling Shareholder'S Pledge

Securities code: 002394 securities short: joint stock Announcement No.: LF2014-043

Jiangsu Luen Fat textile Limited by Share Ltd

Announcement on lifting of partial shares of controlling shareholders

All members of the company and the board of Directors ensure that the contents of the announcement are true, accurate and complete, and there are no false statements, misleading statements or major omissions.

In October 13, 2014, Jiangsu Luen Fat textile Limited by Share Ltd (hereinafter referred to as "company" or "joint venture shares") received the notice of the company's controlling shareholder, Jiangsu Luen FA group Limited by Share Ltd (hereinafter referred to as "Luen FA group") to lift some securities pledge registration.

The group issued its pledge to the 45000000 equity firms unlimited sale shares of Jiangxi International Trust Limited by Share Ltd (hereinafter referred to as "Jiangxi International Trust"), and the lifting of the pledge registration procedure was completed in September 26, 2014 at the China Securities Depository and Clearing Co., Ltd. Shenzhen branch.

The pledge of the above shares is as follows: in September 6, 2011, the group sent 30000000 shares of its restricted tradable shares to the Jiangxi International Trust Company.

The pledge registration date is September 6, 2011 (announcement number: LF2011-034).

The period of pledge is from September 7, 2011 until the date of registration of the lifting of pledge by the group.

In June 4, 2014, the joint stock company implemented the profit distribution plan for the 2013 year, sent RMB 2 yuan to every 10 shareholders, and increased 5 shares to 10 of every 10 shares by the capital reserve fund. The total share capital of the company was changed from 215800000 shares to 323700000 shares, and the 30000000 shares of the group sent to Jiangxi International Trust became 45000000 shares.

As of the date of this announcement, the group had 130934100 shares of the company, accounting for 40.45% of the total shares of the company; the lifting of the pledge was 45000000 shares, accounting for 13.9% of the total share capital of the company; as of the announcement date, 39900000 shares of the group of Pledged Shares of the group were equal to 12.33% of the total share capital of the company.

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Board of directors of Jiangsu Luen Fat textile Limited by Share Ltd

Two O 14 October 14th

Securities code: 002394 securities short: joint stock Announcement No.: LF2014-044

Jiangsu Lian FA textile Limited by Share Ltd's suggestive announcement on shareholding reduction of more than 5% shareholders

All members of the company and the board of Directors ensure that the contents of the announcement are true, accurate and complete, and there are no false statements, misleading statements or major omissions.

In October 13, 2014, Jiangsu Luen Fat textile Limited by Share Ltd (hereinafter referred to as "company" and "our company") received notice from its shareholders Federation International Textile Co., Ltd. (hereinafter referred to as "Federal International") about its reduction of shares of the company. During the period from November 7, 2013 to October 10, 2014, the federal international company undertook 12 million 561 thousand and 700 shares of the company's tradable shares under the centralized auction system and block trading system of the Shenzhen stock exchange, accounting for 4.99% of the total share capital of the company.

1. Reduction of shares by shareholders.

Shareholder name

Way of reduction

Reduction period

Reduction of average price (yuan / share)

Number of shares reduced (10000 shares)

Reduction ratio

Federal International Textile Limited

Competitive price paction

November 7, 2013 -8 days

Twelve point nine one

Eleven point four five

0.05%

Block trade

November 12, 2013

Twelve point four zero

Three hundred

1.39%

Competitive price paction

November 14, 2013 -12 9

Fourteen point one two

One hundred and ninety-four point two two

0.90%

Block trade

December 10, 2013

Sixteen point six zero

Two hundred

0.06%

Competitive price paction

December 16, 2013

Seventeen point one four

Eleven point nine one

0.93%

Competitive price paction

August 2014

Nine point eight nine

Two hundred and twenty-four point one three

0.69%

Competitive price paction

September 2014

Ten point four seven

Twenty-eight point two zero

0.09%

Competitive price paction

October 8, 2014 - 10

Ten point nine zero

Two hundred and eighty-six point two six

0.88%

Subtotal

-

One thousand two hundred and fifty-six point one seven

4.99%

Note: in June 4, 2014, the joint stock company implemented the profit distribution plan for the 2013 year, sent 2 yuan RMB cash to every 10 shareholders, and increased 5 shares to 10 of all shareholders by capital reserve fund, and the total share capital of the company was changed from 215 million 800 thousand shares to 323 million 700 thousand shares.

Two. Shareholders' shareholdings before and after this reduction.

Shareholder name

Nature of shares

Holding shares before this reduction

Holding shares after this reduction

Number of shares (10000 shares)

Proportion of total capital stock (%)

Number of shares (10000 shares)

Proportion of total capital stock (%)

Federal International Textile Limited

Total holding shares

Two thousand two hundred and eighteen point two four

Ten point two eight

One thousand seven hundred and twelve point four zero

Five point two nine

Among them: @ (1) unlimited sale of shares

Two thousand two hundred and eighteen point two four

Ten point two eight

One thousand seven hundred and twelve point four zero

Five point two nine

(2) limited sale of shares

-

-

-

-

Three. Commitment and performance

Federal International Textile Co., Ltd. promises not to pfer the shares held by the company within twelve months from the date on which the company's shares are listed.

As of April 22, 2011, the above commitments have been strictly carried out, and the shares of listed companies held by Federation International Textile Co., Ltd. were lifted and restricted in April 22, 2011.

There is no violation of the share holding commitment.

Four, other related instructions

1, the shareholders' reduction does not violate the relevant provisions of the "guiding opinions on the pfer of shares restricted by the listed companies" and the reduction of the number of holdings by more than 1% during the reduction period.

2, the reduction of shareholders has not occurred in violation of relevant laws, regulations, rules, business rules and other provisions.

3. After the change of rights and interests, Federal International is still holding more than 5% shareholders.

4, details of the above rights and interests changes are detailed in the report of the simplified rights and interests report on the www.cninfo.com.cn on the same day.

Five. Reference documents

1, the Federal International issued on the share reduction of the "simple interest changes report".

Board of directors of Jiangsu Luen Fat textile Limited by Share Ltd

Two O 14 October 14th