The Third Quarterly Report 2022

Stock code: 000045200045 Stock Abbreviation: Shen Textile A Shen Textile B Announcement No. :2022-41

Shenzhen Textile (Holdings) Co. Ltd.The Third Quarterly Report 2022

The Company and its directors hereby guarantee that the content of information disclosure is real accurate

complete and free from any false record misleading representation or material omissions.Important content reminder:

1.The Board of Directors The Supervisory Committee the supervisors and the directors of the Company

guarantee that there are no significant omissions fictitious or misleading statements carried in the Report and

we will accept individual and joint responsibilities for the truthfulness accuracy and completeness of the Report.

2. Principal of the Company General Manager Person in Charge of Accounting Works and Person in Charge of

Accounting Organ (Accounting Officer) hereby confirm that the Financial Report of the Third Quarterly Report

is authentic accurate and complete.

3. Whether the Third Quarterly Report has been audited or not

□Yes √No

I. Main financial data

(I) Main accounting data and financial indexes

Whether it has retroactive adjustment or re-statement on previous accounting data or not

□Yes √No

Increase/decre

ase from year-

Increase/decrease in begin to

This period the period compared Year-begin to period-endwith the same period period-end compared

of the previous year with the same

period of the

previous year

Operating income（Yuan） 676901015.17 18.60% 2122038324.26 26.89%

Net profit attributable to the shareholders of

the listed company（Yuan） 14115950.48 186.82% 56549475.58 -30.64%

Net profit after deducting of non-recurring

gain/loss attributable to the shareholders of 9730544.28 1092.65% 44701519.74 -28.63%

listed company（Yuan）

Cash flow generated by business operation

net（Yuan） — — 115901783.45 -271.40%

1The Third Quarterly Report 2022

Basic earning per share(Yuan/Share) 0.0279 187.63% 0.1116 -30.60%

Diluted gains per share(Yuan/Share) 0.0279 187.63% 0.1116 -30.60%

Weighted average return on equity（%） 0.50% 0.33% 2.00% -0.91%

End of this Increase/decrease at the period-end

period End of last period compared with the end of theprevious year

Gross assets（Yuan） 5582145871.0 5496647107.83 1.56%

5

Net assets attributable to the shareholders of 2848193370.2

the listed company（Yuan） 2816795889.89 1.11%1

（II)Items and amount of non-current gains and losses√ Applicable □ Not applicable

In RMB

Items This period Amount from year-beginto period -end Notes

Non-current asset disposal

gain/loss(including the write-off part for 0.00 -11114.72

which assets impairment provision is made)

Governmental Subsidy accounted as current

gain/loss except for those subsidies at with Other benefits of government

amount or quantity fixed by the national 7869993.53 18650648.01 subsidies that are confirmed

government and closely related to the related to the main business.Company’s business operation.Net amount of non-operating income and

expense except the aforesaid items -606222.86 948801.90

Less :Influenced amount of income tax 45239.68 158257.89

Influenced amount of minor shareholders’

equity (after tax) 2833124.78 7582121.46

Total 4385406.21 11847955.84 --

Other gain/loss items that qualified the definition of non-recurring profit (gains)/losses:

□ Applicable √ Not applicable

The Company does not have other gain/loss items that qualified the definition of non-recurring profit

(gains)/lossesExplanation on those non-recurring gain/loss listed in the “Q&A Announcement No.1 on InformationDisclosure for Companies Offering Their Securities to the Public --- Extraordinary Profit/loss” defined as

recurring gain/loss

□ Applicable √ Not applicableThe Company does not have the non-recurring gain/loss listed in the “Q &A Announcement No.1 onInformation Disclosure for Companies Offering Their Securities to the Public --- Extraordinary Profit/loss”

defined as recurring gain/loss

(III) Particulars about changes in items of main accounting data and financial index and explanations of

reasons

√ Applicable □Not applicable

In the first third quarters of 2022 the Company realized the net profit attributable to shareholders of the

listed company of RMB 56.5495 million a decrease of 30.64% over the same period last year. It’s mainly due

to that in order to jointly respond to the new coronavirus epidemic and actively fulfill social responsibilities this

year the Company and its wholly-owned and holding subsidiaries have reduced property rents for eligible

properties therefore the rental income of the current period has decreased significantly YOY.

2The Third Quarterly Report 2022

In the third quarter of 2022 the Company realized the net profit attributable to shareholders of the listed

company of RMB 14.116 an increase of 186.82% from the same period last year. It’s mainly due to that the

yield and loss rate and other technical indicators of the Company's ultra-large size TV polarizer project (Line 7)

had improved to a certain extent compared with the same period of the previous year and the production

capacity had increased YOY boosted the Company's this quarter operating performance upped YOY.Items Ending balance

Operaing

(RMB 10000) balance(RMB Changes ratio Reasons of changes10000)

Mainly due to the increase in business volume boosted by

Monetary funds 56635.49 30247.28 87.24%the mass production of Line 7 and the release of production

capacity.Notes receivable 9395.03 14994.29 -37.34%Mainly due to a decrease in the acceptance bills accepted inthe polarizer business sales during the reporting period.Mainly due to the increase in business volume boosted by

Account receivable 62932.35 47999.87 31.11%the mass production of Line 7 and the release of production

capacity.Mainly due to the increase in business volume boosted by

Financing receivable 7043.19 2147.41 227.99%the mass production of Line 7 and the release of production

capacity.Prepayments 5425.90 1540.66 252.18%Mainly due to an increase in advances for materials.Other account

receivable 766.61 14018.58 -94.59%Mainly due to a decrease in the return of customs deposits.Mainly due to the verification of input VAT to be deducted

Other current asset 8054.75 2950.34 173.01%during the reporting period and thereby transferred into tax

payable.Construction in progress 2969.13 7148.20 -58.46%Mainly due to the transfer of RTP production lines intofixed assets.Use right assets 1442.92 922.12 56.48%Mainly due to the increase in leased warehouses.Other non-current

finance asset - 3065.09 -100.00%Mainly due to the disposal of other non-current assets.Other non-current asset 5587.08 8456.03 -33.93%Mainly due to the receipt of prepaid payment invoices forengineering and equipment.Short-term loans 1435.00 3757.51 -61.81%Mainly due to a decrease in discounted unexpired

acceptances.Advance receipts 1251.16 180.53 593.04%Mainly due to the rent reduction transferred into the

advance collection of rent.Tax payable 431.31 920.06 -53.12%Mainly due to the rent income reduction.Other account payable 13850.92 20131.74 -31.20%Mainly caused by the payment of the project.Lease liability 647.56 424.39 52.59%Mainly caused by the increase of backup warehouses.Other current liabilities 6108.19 2752.39 121.92%Mainly due to the increase in the discount notes caused byboosted business.

3The Third Quarterly Report 2022

Amount at the Amount at theItems period（RMB same period oflast year(RMB Changes ratio Reasons of changes

10000)10000)

R & D expense 5916.90 7284.51 -18.77%

Financial expenses 186.80 -168.32 -210.98%Mainly due to the interest expensed after the Line 7transferred into fixed assets.Credit impairment loss -8.88 -318.58 -97.21%Mainly due to the collection of receivables and bad debtswere prepared to be transferred back.Operating profit 9079.93 10413.55 -12.81%

Mainly due to the disposal income of the import and export

Non-operating income 188.22 2054.14 -90.84%company last year yet there was no such item in the

current period.Non-operating expense 93.34 57.36 62.72%Mainly due to the increase in donations of materials due tothe new coronavirus epidemic.Total profit( 9174.81 12410.34 -26.07%

Net profit attributable to

the shareholders of the 5654.95 8152.47 -30.64%Mainly caused by policy rent reduction.listed company

Net cash flow generated Mainly due to the increase in business volume boosted by

by operating activities 11590.18 -6761.99 -271.40%the mass production of Line 7 and the release of productioncapacity.Net cash flow generated

by investment activities 13905.02 -31611.19 -143.99%Mainly due to money fund redemptions.Net cash flow generated Mainly due to there were no major fundraising projects in

by Financing activities 186.82 27800.98 -99.33%the current period.II. Shareholders Information

(I) Total number of common shareholders and preference shareholders with voting rights recovered and

top ten common shareholders

In shares

Total number of common Total preference shareholders with the voting power

384480

shareholders at the period-end recovered at the end of the reporting period(if any)

Shares held by the top 10 shareholders

Amount of Pledging or freezing

Share tradable shares

Shareholder name Properties ofshareholder proporti Quantity with Status ofon % the shares Quantity

Conditional

held

Shenzhen Investment Holdings State-owned

Co. Ltd. legal person 46.21% 234069436

4The Third Quarterly Report 2022

Shenzhen Shenchao Technology State-owned

Investment Co. Ltd. legal person 3.18% 16129032

Deng Yan DomesticNature person 1.42% 7208200

Su Weipeng DomesticNature person 1.23% 6208853

Su Weipeng DomesticNature person 0.71% 3580000 Pledging 2800000

Chen Xiaobao DomesticNature person 0.66% 3321184

Qi Jianhong DomesticNature person 0.45% 2288800

MERRILL LYNCH Overseas legal

0.45%2272101

INTERNATIONAL person

Li Zengmao DomesticNature person 0.39% 1968297

Domestic

Wang Zhongjing 0.37% 1881500

Nature person

Shareholding of top 10 shareholders of unrestricted shares

Share type

Name of the shareholder Quantity of unrestricted shares held at theend of the reporting period Share type Quantity

Shenzhen Investment Holdings

Co. Ltd. 234069436 RMB Common shares 234069436

Shenzhen Shenchao Technology

Investment Co. Ltd. 16129032 RMB Common shares 16129032

Deng Yan 7208200 RMB Common shares 7208200

Su Weipeng Foreign shares placed6208853 6208853

in domestic exchange

Su Weipeng 3580000 RMB Common shares 3580000

Chen Xiaobao 3321184 RMB Common shares 3321184

Qi Jianhong 2288800 RMB Common shares 2288800

MERRILL LYNCH

2272101 RMB Common shares 2272101

INTERNATIONAL

Li Zengmao 1968297 RMB Common shares 1968297

Wang Zhongjing 1881500 RMB Common shares 1881500

Among the top 10 common shareholders Shenzhen Investment Holdings Co. Ltd. and Shen

zhen Shenchao Technology Investment Co. Ltd. do not constitute a concerted party relations

Related or acting-in-concert hip. In addition the company does not know whether there is an associated relationship amo

parties among shareholders above ng the top 10 ordinary shareholders and between the top 10 ordinary shareholders and the to

p 10 shareholders or whether they are persons taking concerted action defined in Regulation

s on Disclosure of Information about Shareholding of Shareholders of Listed Companies.Participation of top 10

unconditional common share

None

shareholders in securities margin

trading (if any)

(II) Total shareholders with preferred stock held and shares held by top ten shareholders with preferred

stock held

□ Applicable √ Not applicable

III. Other significant events

√ Applicable □ Not applicable

(I) Progress of polarizer industrialization project for ultra-large TV (Line 7)

During the reporting period technical indicators such as yield and loss rate of Line 7 improved month by

month production capacity increased and the company's operating performance improved month by month.

5The Third Quarterly Report 2022

The main products of Line 7 have been completed through customer verification the order volume has been

gradually increased and the unit manufacturing cost of the products has been gradually reduced. With the

smooth climbing progress of Line 7 the subsequent products will have a positive impact on the company's

business performance.(II) About the investment and construction of RTS after the production line

In 2021 the company increased investment in one RTS production line the total project investment does not

exceed 30 million yuan; As of September 30 2022 the amount of contracts signed was 25.56 million yuan and

the actual payment was 22.02 million yuan; As of September 30 2022 The Company had overcome the

adverse effects of the epidemic and presently the project has completed the move-in installation and

commissioning of all equipment and successfully completed the trial production and possessed the mass

production capacity yet it’s promoting the follow-up production and operation in an orderly manner according

to market conditions and customer needs.(III) The disposal of assets of the joint venture company Xieli Automobile Co. Ltd.Shenzhen Xieli Automobile Co. Ltd. (hereinafter referred to as "Shenzhen Xieli") is a Sino-foreign joint

venture invested by the company and Hong Kong Xieli Maintenance Company in 1981 with a registered

capital of 3.12 million yuan and the company holds 50% of the equity. The company operated until 2008 and

its business license was revoked in 2014 with the main assets were property. In March 2020 Shenzhen Xieli

Industry and Commerce has been cancelled but there are three properties under its name how to dispose of both

shareholders need to solve after further negotiation.On July 262021 the Company filed to the People's Court of Yantian District Shenzhen City Guangdong

Province the cancellation of Shenzhen Market Supervision Administration of Shenzhen Xieli Automobile

Enterprise Co. Ltd. on March 92020; On November 212021 the cancellation of Shenzhen Xieli Automobile

Enterprise Co. Ltd.; on December 3 and December 62021 Hong Kong Xieli and Shenzhen Market

Supervision Administration submitted an appeal to the Shenzhen Intermediate People's Court respectively. On

April 18 2022 the company received the notice of the second instance hearing sent by Shenzhen intermediate

people's court. The case was heard on April 27 2022. On June 28 2022 the Shenzhen Intermediate People's

Court ruled that the first judgment was to revoke the administrative judgment-No. 1883 Xingchu 0308 Yue2021

of the Yantian District People's Court of Shenzhen City and the second was to send it back to the Yantian

District People's Court of Shenzhen City Guangdong Province for a re-trial. On July 22 2022 a summons was

received from the Yantian District People's Court of Shenzhen City Guangdong Province and the trial was

scheduled to begin on August 25 2022. Due to the coronavirus pandemic the court hearing was postponed to

September 29 2022. As of the date of disclosure of this report the court hearing has not yet rendered a

judgment.（IV）Regarding the progress of litigation involving the Company and its holding subsidiaries

In July and August 2022 the Company and its holding subsidiary-Shengbo Optoelectronic Technology Co.Ltd.received legal documents such as No. 3507 No.4013 and No.4336 Minchu 0310Yue(2022) of "Notice of

Response" and "Summons" served by the People's Court of Pingshan District Shenzhen City Guangdong

Province and it’s informed that the court had accepted the cases of (1) dissolution dispute (2) dispute over the

confirmation of the validity of the company's resolution and (3) dispute case of shareholders' right to know by

Hangzhou Jinhang Equity Investment Fund Partnership (Limited Partnership) (hereinafter referred to as

"Jinhang Fund") suing Shengbo Optoelectronic and notified the Company to participate in the litigation as a

6The Third Quarterly Report 2022

party and Shengbo Optoelectronic to participated in as the defendant in this case. For details Juchao Website:

（http://www.cninfo.com.cn. (Announcement No.2022-20 and 2022-25)).For the above three cases the dissolution dispute case was heard at the Pingshan District People's Court in

Shenzhen City Guangdong Province on July 15 2022 and no judgment has been rendered; The dispute over the

confirmation of the validity of the company's resolution and the dispute over the shareholders' right to know

were heard at the Pingshan District People's Court of Shenzhen City Guangdong Province on September 22

2022 and no judgment has yet been rendered.

IV. Quarterly financial statements

（I）Financial statement

1. Consolidated balance sheet

Prepared by: Shenzhen Textile (Holdings) Co. Ltd.September 302022

In RMB

Items September 302022 January 12022

Current asset：

Monetary fund 566354882.58 302472828.60

Settlement provision

Outgoing call loan

Transactional financial assets 453943732.30 586540735.16

Derivative financial assets

Notes receivable 93950343.81 149942880.28

Account receivable 629323463.26 479998708.57

Financing receivable 70431861.27 21474101.07

Prepayments 54259024.74 15406619.53

Insurance receivable

Reinsurance receivable

Provisions of Reinsurance contracts receivable

Other account receivable 7666121.91 140185750.40

Including：Interest receivable 87684.93

Dividend receivable

Repurchasing of financial assets

Inventories 732984779.69 667461447.03

Contract assets

Assets held for sales

Non-current asset due within 1 year

Other current asset 80547505.68 29503352.42

Total of current assets 2689461715.24 2392986423.06

Non-current assets：

Loans and payment on other’s behalf disbursed

Creditor's Investment

Other Creditor's Investment

Long-term receivable

Long term share equity investment 132937154.31 133022325.77

Other equity instruments investment 186033829.72 186033829.72

Other non-current financial assets 30650943.40

Property investment 100899825.73 106217779.76

7The Third Quarterly Report 2022

Fixed assets 2319258615.14 2424741252.86

Construction in progress 29691337.60 71482031.08

Production physical assets

Oil & gas assets

Use right assets 14429182.50 9221189.37

Intangible assets 45463191.17 48635160.00

Development expenses

Goodwill

Long-germ expenses to be amortized 4436383.61 5387295.94

Deferred income tax asset 3663878.76 3708596.78

Other non-current asset 55870757.27 84560280.09

Total of non-current assets 2892684155.81 3103660684.77

Total of assets 5582145871.05 5496647107.83

Current liabilities

Short-term loans 14349981.76 37575113.83

Loan from Central Bank

Borrowing funds

Transactional financial liabilities

Derivative financial liabilities

Notes payable 20164480.65 16682324.12

Account payable 282372090.53 283643842.23

Advance receipts 12511590.35 1805311.57

Contract liabilities 217062.25 68955.21

Selling of repurchased financial assets

Deposit taking and interbank deposit

Entrusted trading of securities

Entrusted selling of securities

Employees’ wage payable 60154194.27 59719860.24

Tax payable 4313050.78 9200627.09

Other account payable 138509162.89 201317421.35

Including：Interest payable

Dividend payable

Fees and commissions payable

Reinsurance fee payable

Liabilities held for sales

Non-current liability due within 1 year 9008467.20 5175393.52

Other current liability 61081879.51 27523903.58

Total of current liability 602681960.19 642712752.74

Non-current liabilities：

Reserve fund for insurance contracts

Long-term loan 729162262.72 683016243.25

Bond payable

Including：preferred stock

Sustainable debt

Lease liability 6475611.83 4243855.71

Long-term payable

Long-term remuneration payable to staff

Expected liabilities 36790058.96 30741055.00

Deferred income 115623069.02 110461293.15

Deferred income tax liability 61624593.13 61642660.91

Other non-current liabilities

Total non-current liabilities 949675595.66 890105108.02

Total of liability 1552357555.85 1532817860.76

Owners’ equity

Share capital 506521849.00 506521849.00

Other equity instruments

8The Third Quarterly Report 2022

Including：preferred stock

Sustainable debt

Capital reserves 1961599824.63 1961599824.63

Less：Shares in stock

Other comprehensive income 119856216.24 119682119.05

Special reserve

Surplus reserves 98245845.47 98245845.47

Common risk provision

Retained profit 161969634.87 130746251.74

Total of owner’s equity belong to the parent company 2848193370.21 2816795889.89

Minority shareholders’ equity 1181594944.99 1147033357.18

Total of owners’ equity 4029788315.20 3963829247.07

Total of liabilities and owners’ equity 5582145871.05 5496647107.83

Legal Representative: Yin Kefei

Person in charge of accounting：He Fei

Accounting Dept Leader: Zhu Jingjing

2. Consolidated Income statement between the beginning of the year and end of the report period

In RMB

Items Amount in this period Amount in last period

I. Turnover 2122038324.26 1672288457.42

Including：Operating income 2122038324.26 1672288457.42

Interest income

Insurance fee earned

Commission charge and commission income

II. Total operating costs 1998673168.36 1567461441.79

Including ：Operating costs 1809191065.23 1379262086.65

Interest expense

Fee and commission paid

Insurance discharge payment

Net claim amount paid

Appropriation of deposit for duty net

Insurance policy dividend paid

Reinsurance expenses

Business tax and surcharge 6182079.66 8269997.28

Sales expense 27585766.98 29460382.12

Administrative expense 94677249.25 79307075.50

R & D expense 59169009.30 72845148.60

Financial expenses 1867997.94 -1683248.36

Including：Interest expense

Interest income

Add：Other income 18650648.01 15598802.48

Investment gain（“-”for loss） 15726531.05 14814120.81

Including: investment gains from affiliates -259269.65 -1136505.95

Financial assets measured at amortized cost cease to be recognized

as income

Gains from currency exchange

Net exposure hedging income

Changing income of fair value 1670362.39

Credit impairment loss -88779.12 -3185779.89

Impairment loss of assets -66843100.94 -29586926.60

9The Third Quarterly Report 2022

Assets disposal income -11114.72 -2055.96

III. Operating profit（“-”for loss） 90799340.18 104135538.86

Add ：Non-operating income 1882156.93 20541381.97

Less: Non-operating expense 933355.03 573557.64

IV. Total profit(“-”for loss) 91748142.08 124103363.19

Less：Income tax expenses 637078.69 10115121.63

V. Net profit 91111063.39 113988241.56

(I) Classification by business continuity

1.Net continuing operating profit 91111063.39 113988241.56

2.Termination of operating net profit

(II) Classification by ownership

1.Net profit attributable to the owners of parent company 56549475.58 81524665.78

2.Minority shareholders’ equity 34561587.81 32463575.78

VI. Net after-tax of other comprehensive income 174097.19 -6035803.69

Net of profit of other comprehensive income attributable to owners 174097.19 -6035803.69

of the parent company.（I）Other comprehensive income items that will not be

reclassified into gains/losses in the subsequent accounting period -1987237.43

1.Re-

measurement of defined benefit plans of changes in net debt or net

assets

2.Other comprehensive income under the equity method investee c

an not be reclassified into profit or loss.

3. Changes in the fair value of investments in other equity

instruments -1987237.43

4. Changes in the fair value of the company’s credit risks

5.Other

(II)Other comprehensive income that will be reclassified into profit 174097.19 -4048566.26

or loss

1.Other comprehensive income under the equity method investee c

an be reclassified into profit or loss.

2. Changes in the fair value of investments in other debt obligations

3. Other comprehensive income arising from the reclassification of

financial assets

4.Allowance for credit impairments in investments in other debt

obligations

5. Reserve for cash flow hedges

6.Translation differences in currency financial statements 174097.19 -4048566.26

7.Other

Net of profit of other comprehensive income attributable to Minorit

y shareholders’ equity

VII. Total comprehensive income 91285160.58 107952437.87

Total comprehensive income attributable to the owner of the parent

company 56723572.77 75488862.09

Total comprehensive income attributable minority shareholders 34561587.81 32463575.78

VIII. Earnings per share

（I）Basic earnings per share 0.1116 0.1608

(II)Diluted earnings per share 0.1116 0.1608

Legal Representative: Yin Kefei

Person in charge of accounting：He Fei

Accounting Dept Leader: Zhu Jingjing

10The Third Quarterly Report 2022

3. Consolidated Cash Flow Statement Between the Beginning of the Year and End of the Report Period

In RMB

Items Amount in this period Amount in last period

I.Cash flows from operating activities

Cash received from sales of goods or rending of services 2044749583.04 1666106504.72

Net increase of customer deposits and capital kept for brother company

Net increase of loans from central bank

Net increase of inter-bank loans from other financial bodies

Cash received against original insurance contract

Net cash received from reinsurance business

Net increase of client deposit and investment

Cash received from interest commission charge and commission

Net increase of inter-bank fund received

Net increase of repurchasing business

Net cash received by agent in securities trading

Tax returned 102084755.82 8987999.63

Other cash received from business operation 223098022.41 72639079.51

Sub-total of cash inflow 2369932361.27 1747733583.86

Cash paid for purchasing of merchandise and services 1962651670.28 1386893620.51

Net increase of client trade and advance

Net increase of savings in central bank and brother company

Cash paid for original contract claim

Net increase for Outgoing call loan

Cash paid for interest processing fee and commission

Cash paid for policy dividend

Cash paid to staffs or paid for staffs 187871082.89 189814822.46

Taxes paid 27776039.08 49537771.43

Other cash paid for business activities 75731785.57 189107313.26

Sub-total of cash outflow from business activities 2254030577.82 1815353527.66

Net cash generated from /used in operating activities 115901783.45 -67619943.80

II. Cash flow generated by investing

Cash received from investment retrieving 27930000.00

Cash received as investment gains 6259724.70 12017436.95

Net cash retrieved from disposal of fixed assets intangible assets and

other long-term assets 2776.70 83120.00

Net cash received from disposal of subsidiaries or other operational

units

Other investment-related cash received 795000000.00 992245903.18

Sub-total of cash inflow due to investment activities 829192501.40 1004346460.13

Cash paid for construction of fixed assets intangible assets and other

long-term assets 40142302.73 363083404.85

Cash paid as investment

Net increase of loan against pledge

Net cash received from subsidiaries and other operational units

Other cash paid for investment activities 650000001.00 957374977.65

Sub-total of cash outflow due to investment activities 690142303.73 1320458382.50

Net cash flow generated by investment 139050197.67 -316111922.37

III.Cash flow generated by financing

Cash received as investment

Including: Cash received as investment from minor shareholders

Cash received as loans 50572000.00 316639000.00

Other financing –related cash received

Sub-total of cash inflow from financing activities 50572000.00 316639000.00

Cash to repay debts

Cash paid as dividend profit or interests 48703785.07 30808915.80

11The Third Quarterly Report 2022

Including: Dividend and profit paid by subsidiaries to minor

shareholders

Other cash paid for financing activities 7820298.30

Sub-total of cash outflow due to financing activities 48703785.07 38629214.10

Net cash flow generated by financing 1868214.93 278009785.90

IV. Influence of exchange rate alternation on cash and cash equivalents 1492953.49 -957310.47

V.Net increase of cash and cash equivalents 258313149.54 -106679390.74

Add: balance of cash and cash equivalents at the beginning of term 302408433.72 278337236.95

VI ..Balance of cash and cash equivalents at the end of term 560721583.26 171657846.21（II）Auditor’ report

Is the Third Quarterly Report be audited?

□ Yes √No

The Third Quarterly report is not audited.The Board of Directors of Shenzhen Textile (Holdings) Co. Ltd.October 292022

12