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    China Textile Investment: Major Asset Restructuring Progress Announcement

    2014/11/4 10:48:00 16

    China Textile InvestmentAssetsReorganizationAnnouncement

    Securities code: 600061 securities abbreviation: China Textile investment Bulletin No.: pro 2014-030

    China Textile Investment Development Co., Ltd.

    company

    Progress announcement on major asset reorganization

    The board of directors and all directors of the company guarantee that there is no false record, misleading statement or major omission in the contents of this announcement, and shall bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.

    In July 21, 2014, the company issued the announcement on the suspension of major asset restructuring of China Textile investment and development Limited by Share Ltd, announcements that State Development Investment Corp is planning a major asset reorganization event involving the company, and the company's stock has been suspended for 30 days since July 22, 2014.

    In August 19, 2014, September 17, 2014 and October 21, 2014, the company issued separately the announcement on the progress of major asset restructuring and the continued suspension of stocks of China Textile investment and development Limited by Share Ltd.

    As of the date of this announcement,

    major

    The audit and evaluation work on asset restructuring has ended. The reorganization plan has basically been completed, and the necessary approval procedures need to be fulfilled. The State Development Investment Corp is continuing to study and improve the major asset reorganization plan with the parties concerned. The specific content of the reorganization plan is based on the plan considered and announced by the board of directors of the company.

    As the relevant procedures are still in progress, uncertainties still exist in the relevant matters. In order to earnestly safeguard the interests of investors, the company will carry out the obligation of information disclosure in a timely manner in accordance with the progress of major asset reorganization during the suspension period of stocks, and release the progress of relevant matters every five trading days.

    Notice hereby.

    China Textile Investment Development Co., Ltd.

    company

    Board of directors

    November 3, 2014


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