Shenzhen Textile (Holdings) Co. Ltd. Summary of the Semi-Annual Report 2024

Stock code: 000045 200045 Stock Abbreviation: Shen Textile A Shen Textile B Announcement No.: 2024-37

Shenzhen Textile (Holdings) Co. Ltd.Summary of the Semi-Annual Report 2024

I. Important notes

The summary is abstract from full-text of summary of the semi-annual report for more details information

investors should found in the full-text of annual report that published on website of Shenzhen Stock Exchange

and other website appointed by CSRC.Non-standard auditor’s opinion

□ Applicable √Not applicable

Preliminary plan for profit distribution to the common shareholders or turning the capital reserve into the share

capital for the reporting period which has been reviewed and approved at the board meeting

□ Applicable √Not applicable

The Company has no plan of cash dividends carried out bonus issued and capitalizing of common reserves

either.Preliminary plan for profit distribution to the preference shareholders for the reporting period which has been

reviewed and approved at the board meeting

□ Applicable √Not applicable

II. Basic information about the company

1. Company profile

Stock abbreviation Shen Textile A Shen Textile B Stock code 000045200045

Stock exchange for listing Shenzhen Stock Exchange

Contact person and contact manner Board secretary Securities affairs Representative

Name Jiang Peng Li Zhenyu

6/F Shenfang Building No.3 Huaqiang 6/F Shenfang Building No.3 Huaqiang

Office Address

North Road Futian District Shenzhen North Road Futian District Shenzhen

Tel 0755-83776043 0755-83776043

E-mail jiangp@chinasthc.com lizy@chinasthc.com

2. Major accounting data and financial indicators

May the Company make retroactive adjustment or restatement of the accounting data of the previous years

□ Yes √ No

Change in the current reporting

Current reporting Same period of

period compared to the same period

period previous year

of previous year

Operating income (Yuan) 1623384151.90 1490095669.55 8.94%

Net profit attributable to the shareholders 43894075.23 36307162.97 20.90%

1Shenzhen Textile (Holdings) Co. Ltd. Summary of the Semi-Annual Report 2024

of the listed company (Yuan)

Net profit after deducting of non-recurring

gain/loss attributable to the shareholders 35257756.79 23686604.53 48.85%

of listed company (Yuan)

Cash flow generated by business

11834849.9414402973.60-17.83%

operation net (Yuan)

Basic earning per share (Yuan/Share) 0.0867 0.0717 20.92%

Diluted gains per share (Yuan/Share) 0.0867 0.0717 20.92%

Weighted average ROE(%) 1.52% 1.27% 0.25%

Change at the end of the current

End of the current End of the

reporting period compared to the end

reporting period previous year

of the previous year

Gross assets (Yuan) 5648549738.42 5649822363.44 -0.02%

Net assets attributable to shareholders of

2893006599.672882152266.220.38%

the listed company (Yuan)

3. Shareholders and shareholding

In Shares

Total number of preferred

Total number of common

shareholders that had restored the

shareholders at the end of the 26265 0

voting right at the end of the

reporting period

reporting period (if any) (note 8)

Particulars about shares held above 5% by shareholders or top ten shareholders

Proportion Number of Amount of Number of share

Shareholders

Nature of shareholder of shares shares held at restricted pledged/frozen

held（%） period -end shares held State of share Amount

Shenzhen Investment Holdings

State-owned legal person 46.21% 234069436

Co. Ltd.Shenzhen Shenchao Technology

State-owned legal person 3.18% 16129032

Investment Co. Ltd.Sun Huiming Domestic natural person 1.29% 6535353

HKSCC Overseas Legal person 0.95% 4799481

Su Weipeng Domestic natural person 0.71% 3580000 Pledge 3000000

Chen Zhaoyao Domestic natural person 0.63% 3178400

Chen Xiaobao Domestic natural person 0.60% 3052084

Li Zengmao Domestic natural person 0.57% 2877897

Zhang Chengyu Domestic natural person 0.38% 1907600

Peng Xun Domestic natural person 0.36% 1823900

Among the top 10 common shareholders Shenzhen Investment

Holdings Co. Ltd. and Shenzhen Shenchao Technology Investment

Co. Ltd. do not constitute a concerted party relationship. In addition

the Company does not know whether there is an associated

Explanation on shareholders participating in the margin

relationship among the top 10 ordinary shareholders and between the

trading business

top 10 ordinary shareholders and the top 10 shareholders or whether

they are persons taking concerted action defined in Regulations on

Disclosure of Information about Shareholding of Shareholders of

Listed Company.Explanation of the top 10 common stock

shareholders' participation in securities margin trading No

(if any)

Share lending by shareholders holding more than 5% of shares top 10 shareholders and top 10 shareholders of

2Shenzhen Textile (Holdings) Co. Ltd. Summary of the Semi-Annual Report 2024

non-restricted tradable shares in the refinancing business

□ Applicable √ Not applicable

Changes in the top 10 shareholders and the top 10 holders of non-restricted tradable shares compared with the

previous period due to refinancing lending/return

□Applicable √Not applicable

4. Change of the controlling shareholder or the actual controller

Change of the controlling shareholder in the reporting period

□ Applicable √ Not Applicable

There was no any change of the controlling shareholder of the Company in the reporting period.Change of the actual controller in the reporting period

□ Applicable √ Not applicable

There was no any change of the actual controller of the Company in the reporting period.

5. Number of preference shareholders and shareholdings of top 10 of them

□ Applicable √ Not applicable

No preference shareholders in the reporting period

6. The status of bonds remaining on the date of approval of the semiannual report

□ Applicable √ Not applicable

III. significant events

Termination of the current restructuring

In 2023 the Company integrated high-quality resources in the polarizer industry optimized the industrial

chain layout and actively promoted the acquisition of 100% equity of Hengmei Optoelectronics Co. Ltd.through the issuance of shares and cash payment (hereinafter referred to as "this restructuring" or "this

transaction"). During this period due to the changes in the shareholders and shareholding ratio of the target

company Hengmei Optoelectronics during the restructuring it is necessary to adjust the counterparty of this

restructuring and the transaction plan according to the requirements of the relevant rules of the registration

system. On November 17 2023 the Company reconvened the meeting of the Board of Directors to review and

approve the revised draft of this transaction plan and adjusted the pricing base date issue price and counterparty

of this transaction plan. Since the disclosure of this transaction proposal the Company and all relevant parties

have actively advanced the tasks involved in this transaction including the target company's interim audit

assessment and supplementary due diligence and have communicated negotiated and prudently demonstrated

the transaction plan with the transaction counterparties. According to relevant regulations the Company should

convene a board of directors to review the draft restructuring report and issue a notice for a shareholders' meeting

by May 17 2024 and clarify whether to continue or terminate this restructuring.Since planning and first announcing this transaction the Company has strictly followed the requirements

of relevant laws regulations and normative documents actively organizing all relevant parties to advance the

various tasks of this restructuring. As of May 16 2024 due to the complexity of this restructuring plan and the

involvement of multiple transaction counterparties the transaction has not yet completed the approval

procedures of all parties and the validity period of the target company's financial data has expired. The

Company is unable to issue a notice for a shareholders' meeting before May 17 2024 which is six months after

the first board resolution announcement on the share issuance for asset purchase. From the perspective of

protecting the interests of all shareholders and the listed company after prudent demonstration by the Company

and friendly negotiation with all parties the Company has decided to terminate this restructuring.According to the transaction agreements signed by the Company and the transaction counterparties the

transaction agreements related to this transaction will take effect only after the transaction plan is approved by

3Shenzhen Textile (Holdings) Co. Ltd. Summary of the Semi-Annual Report 2024

the board of directors and shareholders' meeting reviewed by the Shenzhen Stock Exchange and registered and

consented to by the China Securities Regulatory Commission. Given that the aforementioned prerequisites have

not been met the termination of this restructuring is a prudent decision made after full communication careful

analysis and friendly negotiation between the Company and all relevant parties and neither the Company nor

the transaction parties need to bear any breach of contract or other liabilities. The Company's current production

and operations are normal and the termination of this restructuring is not expected to cause significant adverse

effects on the Company's existing daily operations and financial condition and there is no situation that damages

the interests of the Company and shareholders especially minority shareholders. The Company will continue

to pay attention to and actively explore investment opportunities in polarizers and related fields to promote the

Company's long-term development and enterprise value enhancement. For details please refer to the

Announcement on Terminating the Issuance of Shares Paying Cash to Purchase Assets and Raising Supporting

Funds and Related Transactions (No. 2024-24) of the Company on http://www.cninfo.com.cn.The Board of Directors of Shenzhen Textile (Holdings) Co. Ltd.August 23 2024

4