Xinhua Jin: 6 Million 270 Thousand Sell 75% Stake In Loss Textile Company

On the evening of November 10th, the company's wholly owned subsidiary, Xinhua Jin group, Shandong Yingshang International Trade Co., Ltd. (referred to as "Yingshang international") signed the equity transfer agreement with Qingdao flying Crafts Co., Ltd. ("Qingdao fly") in October 31st. Yingshang international flew to Qingdao to sell its 75% stake in Qingdao Rong Zhen Wool Textile Co., Ltd. The transfer price is 6 million 268 thousand and 100 yuan.

As of December 31, 2013, Qingdao's total assets amounted to 10 million 422 thousand and 300 yuan, total liabilities of 10 million 401 thousand and 400 yuan, and net assets of 20 thousand and 900 yuan. Net profit A loss of 719 thousand and 800 yuan.

Xinhua said that the sale of the shares will be traded in cash, and Yingshang international will get cash inflow to raise the cash flow. Before the transaction, the main business of Qingdao Rong Zhen will basically stop production and assets will remain idle for several years. Meanwhile, it is expected that the continuing operation will continue to expand losses and the possibility of external leasing is also small. Yingshang international will get cash for new investment direction in order to avoid the continued shrinkage of its shareholders' equity and sell the equity assets.

Roley home textiles: the double eleven sale this year is slightly worse than last year.

In the recently released record of investor relations activities, this year's "double eleven" online sales target is 200 million. From the current pre-sale situation, the overall situation is slightly worse than last year, and the pressure is relatively large.

Last year, the "double eleven" home textile line made 180 million sales.

The record sheet is a record of the survey conducted by the 10 Sunstar stone investment, Huaxia Fund and China Merchants Fund in November.

Roley home textiles mainly produces and sells home textiles.

Jingwei Textile Machinery: no major issues occurred in the afternoon suspension

The Shenzhen Stock Exchange announced on Tuesday afternoon that the Jingwei Textile Machinery (000666) had a major impact on stock prices and had no public disclosure. According to the relevant regulations, the company's stock was suspended from 13:00 on November 11, 2014 and resumed after the company had published relevant public notice.

Jingwei Textile machine closed at 17.34 yuan in early trading, up 1.64%.