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 000045,200045
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) 1,623,384,151.90 1,490,095,669.55 8.94%
Net profit attributable to the shareholders 43,894,075.23 36,307,162.97 20.90%
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Shenzhen 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 35,257,756.79 23,686,604.53 48.85%
of listed company (Yuan)
Cash flow generated by business
11,834,849.94 14,402,973.60 -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) 5,648,549,738.42 5,649,822,363.44 -0.02%
Net assets attributable to shareholders of
2,893,006,599.67 2,882,152,266.22 0.38%
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 26,265 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 pledged/frozen
Nature of shareholder of shares shares held at restricted
held（%） period -end shares held State of share Amount
Shenzhen Investment Holdings
State-owned legal person 46.21% 234,069,436
Co., Ltd.
Shenzhen Shenchao Technology
State-owned legal person 3.18% 16,129,032
Investment Co., Ltd.
Sun Huiming Domestic natural person 1.29% 6,535,353
HKSCC Overseas Legal person 0.95% 4,799,481
Su Weipeng Domestic natural person 0.71% 3,580,000 Pledge 3,000,000
Chen Zhaoyao Domestic natural person 0.63% 3,178,400
Chen Xiaobao Domestic natural person 0.60% 3,052,084
Li Zengmao Domestic natural person 0.57% 2,877,897
Zhang Chengyu Domestic natural person 0.38% 1,907,600
Peng Xun Domestic natural person 0.36% 1,823,900
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
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Shenzhen 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
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Shenzhen 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
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