Notice Of Jiangsu Xinmin Textile On Changing The Category Of The Company'S Industry

Jiangsu Xinmin textile Polytron Technologies Inc

Announcement

All members of the company and the board of directors guarantee the authenticity, accuracy and completeness of the announcement, and make false statements, misleading statements or major omissions in the announcement.

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Jiangsu Xinmin textile Polytron Technologies Inc (hereinafter referred to as "company") was listed on the Shenzhen stock exchange in April 18, 2007. Its main business is: textile raw materials (except lint) and textile, clothing, clothing and embroidery, textile auxiliaries and dyes, textile machinery and spinning machine accessories, production, marketing, textile dyeing, printing and finishing, and assembling computers.

To manage the export business of the self produced products and technology of the enterprise; the agent export pfers the technology developed by the enterprise to the products produced by other enterprises, and manages the import and export business of the raw materials, instruments, meters, mechanical equipment, spare parts and technology needed by the enterprise for production and scientific research (except for the state's limited company operation and the state's prohibition on import and export of listening commodities and Technology); and operates the processing of raw materials and the "three to one complement" business.

According to the guidelines for Industry Classification of Listed Companies promulgated by the China Securities Regulatory Commission, the company's industry category is "C11 textile industry".

In 2009, audited by Huapu Tianjian Certified Public Accountants (Beijing) Co., Ltd., the operating income of polyester filament was 802 million 464 thousand and 600 yuan, accounting for 127968 of total business income and 62.71% of 570 thousand yuan, and the company's 2010 year private placement project was mainly polyester filament business. After the completion of the project, it is estimated that the proportion of operating income of polyester filament business will increase in 2011 years. According to the relevant provisions of the industry classification guidelines of listed companies, the company's industry classification should be changed to "C47 chemical fiber manufacturing industry".

Upon application by the Shenzhen stock exchange, the new industry classification will be officially launched in November 1, 2010. The industry category will be changed from "C11 textile industry" to "C47 chemical fiber manufacturing industry".

This is hereby announced.

Jiangsu Xinmin textile Polytron Technologies Inc board November 1st two