Jihua Group (601718):, Textile Stocks, Latest Announcement

An investor asked Jihua Group a question on the interactive platform: Jihua: Hello, the company replied that as a state-owned holding listed company, it actively implemented the relevant requirements of state-owned enterprise reform, completed the restructuring and integration of 8 rubber and rubber covered shoes enterprises, 3 textile enterprises, 2 northeast enterprises, and accelerated the construction of the company's 1+4 R&D innovation system The reform work of enterprises such as Little Giant has also achieved positive results. Thank you for your attention. What is the promotion effect of the above restructuring and integration on the company, and why has no relevant restructuring announcement been issued?

The company replied that the internal enterprise restructuring and integration of the company is conducive to the company's intensive management, cost reduction and efficiency increase. Major asset restructuring of listed companies needs to meet certain conditions, and the company will perform its information disclosure obligations in strict accordance with the information disclosure rules.