Stock code: 000045,200045 Stock Abbreviation: Shen Textile A, Shen Textile B Announcement No. :2021-34
Shenzhen Textile (Holdings) Co., Ltd.
The First Quarterly Report 2021
April 2021
Shenzhen Textile(Holdings) Co., Ltd. The First Quarterly Report 2021
1 Important Notice
The Board of Directors ,Supervisory Committee, all directors, supervisors and senior executives of the Company
hereby guarantees that there are no misstatement, misleading representation or important omissions in this report
and shall assume joint and several liability for the authenticity, accuracy and completeness of the contents hereof.
All of the directors presented the board meeting at which this Quarter Report was examined.
Mr.Zhang Jian, Person in charge of the Company, Mr. He Fei, Chief financial officer and the Ms. Zhu Jingjing ,
the person in charge of the accounting department (the person in charge of the accounting )hereby confirm the
authenticity and completeness of the financial report enclosed in this Quarter Report .
This Report has been prepared in both Chinese and English , In case any discrepancy , the Chinese version shall
prevail.
Shenzhen Textile(Holdings) Co., Ltd. The First Quarterly Report 2021
II. Basic Information of the Company
（1）Main financial data and financial index
Indicate by tick mark whether there is any retrospectively restated datum in the table below.
□ Yes √No
In RMB
Changes of this period
This period Same period of last year over same period of last
year（％）
Operating income（RMB） 552,950,209.39 384,038,897.58 43.98%
Net profit attributable to the shareholders
42,776,335.85 -5,827,092.54 843.09%
of the listed company（RMB）
Net profit after deducting of
non-recurring gain/loss attributable to
39,905,925.26 -9,495,160.00 520.28%
the shareholders of listed company
（RMB）
Cash flow generated by business
-75,288,004.27 -84,585,231.55 10.99%
operation, net（RMB）
Basic earning per share(RMB/Share) 0.0842 -0.0114 838.60%
Diluted gains per share(RMB/Share) 0.0842 -0.0114 838.60%
Weighted average ROE(%) 1.53% -0.21% 1.74%
Changes of this
End of this period End of last period period-end over same
period-end of last year(%)
Gross assets（RMB） 5,094,994,895.66 4,969,547,552.23 2.52%
Net assets attributable to the
shareholders of the listed company 2,809,065,407.12 2,766,234,174.39 1.55%
（RMB）
Items and amount of non-current gains and losses
√ Applicable □ Not applicable
In RMB
Amount from year-begin to
Items Notes
period -end
Mainly to confirm other
Government subsidy recognized in current gain and
4,666,489.60 income from government
loss(excluding those closely related to the Company’s business
subsidies related to operating
Shenzhen Textile(Holdings) Co., Ltd. The First Quarterly Report 2021
and granted under the state’s policies) business.
Other non-operating income and expenditure except for the
-3,496.05
aforementioned items
Less: Amount of influence of income tax 5,700.51
Amount of influence of minority interests（After tax） 1,786,882.45
Total 2,870,410.59 --
For the Company’s non-recurring gain/loss items as defined in the Explanatory Announcement No.1 on
information disclosure for Companies Offering their Securities to the Public-Non-recurring Gains and Losses and
its non-recurring gain/loss items as illustrated in the Explanatory Announcement No.1 on information Disclosure
for Companies offering their securities to the public-non-recurring Gains and losses which have been defined as
recurring gains and losses, it is necessary to explain the reason.
□ Applicable√ Not applicable
None of Non-recurring gain /loss items recognized as recurring gain /loss/items as defined by the information
disclosure explanatory Announcement No.1- Non –recurring gain/loss in the report period.
II. Total Shareholders and Shares Held by Top Ten Shareholders at the End of the Reporting Period
1. About Total Common Shareholders, Total Preference Shareholders with the Voting Power Recovered
and the Shares Held by Top Ten Common Shareholders
In shares
Total preference shareholders with the voting
Total number of common
28,577 power recovered at the end of the reporting 0
shareholders at the period-end
period(if any)
Shares held by the top 10 shareholders
Amount of Pledging or freezing
Share
Properties of tradable shares
Shareholder name proportion Quantity Status of
shareholder with Conditional Quantity
% the shares
held
Shenzhen Investment Holdings State-owned
46.10% 234,069,436
Co., Ltd. legal person
Shenzhen Shenchao Technology State-owned
3.18% 16,129,032
Investment Co., Ltd. legal person
Domestic
Sun Huiming 0.81% 4,110,425
Nature person
Domestic
Su Weipeng 0.56% 2,823,066 Pledge 2,800,000
Nature person
Domestic
Deng Yan 0.51% 2,578,400
Nature person
Domestic
Shen Zhenxing 0.40% 2,033,000
Nature person
Shenzhen Textile(Holdings) Co., Ltd. The First Quarterly Report 2021
Domestic
Qi Jianhong 0.35% 1,793,800
Nature person
Domestic
Wang Zhongjing 0.33% 1,680,000
Nature person
Domestic
Hou Xiulan 0.33% 1,677,991
Nature person
Domestic
Li Zengmao 0.33% 1,669,797
Nature person
Shareholding of top 10 shareholders of unrestricted shares
Quantity of unrestricted shares held at the end of Share type
Name of the shareholder
the reporting period Share type Quantity
Shenzhen Investment Holdings RMB Common
234,069,436 234,069,436
Co., Ltd. shares
Shenzhen Shenchao Technology RMB Common
16,129,032 16,129,032
Investment Co., Ltd. shares
Foreign shares
Sun Huiming 4,110,425 placed in domestic 4,110,425
exchange
RMB Common
Su Weipeng 2,823,066 2,823,066
shares
RMB Common
Deng Yan 2,578,400 2,578,400
shares
RMB Common
Shen Zhenxing 2,033,000 2,033,000
shares
RMB Common
Qi Jianhong 1,793,800 1,793,800
shares
RMB Common
Wang Zhongjing 1,680,000 1,680,000
shares
RMB Common
Hou Xiulan 1,677,991 1,677,991
shares
RMB Common
Li Zengmao 1,669,797 1,669,797
shares
Shenzhen Shenchao Technology Investment Co., Ltd. is a wholly-owned subsidiary of
Shenzhen Investment Holdings Co., Ltd., According to the decision of the State-owned
Assets Supervision and Administration Commission of Shenzhen Municipal People's
Related or acting-in-concert
Government, Shenzhen Shenchao Technology Investment Co., Ltd was transferred to
parties among shareholders above
Shenzhen Major Industrial Investment Group Co., Ltd in June 2019. Shenzhen Investment
Holdings Co., Ltd and Shenzhen Shenchao Technology Investment Co., Ltd are both
controlled by the State-owned Assets Supervision and Administration Commission of the
Shenzhen Textile(Holdings) Co., Ltd. The First Quarterly Report 2021
Shenzhen Municipal People's Government. Except this, the Company did not whether there
is relationship between the top ten shareholders holding non-restricted negotiable shares
and between the top ten shareholders holding non-restricted negotiable shares and the top
10 shareholders or whether they are persons taking concerted action of Shareholders of
Listed Companies.
Explanation on shareholders
participating in the margin trading None
business(if any )
Whether top ten common shareholders or top ten common shareholders with un-restrict shares held have a
buy-back agreement dealing in reporting period.
□ Yes √ No
The top ten common shareholders or top ten common shareholders with un-restrict shares held of the Company
have no buy –back agreement dealing in reporting period.
2.Total number of preferred shareholders and shareholding of top 10 preferred shareholders by the end of
the report period
□ Applicable √Not applicable
Shenzhen Textile(Holdings) Co., Ltd. The First Quarter Report 2021
III Significant Events
I. Major changes of main accounting statement items and financial indicators in the reporting period, as
well as reasons for the changes
√ Applicable □ Not applicable
Operaing
Ending balance
Items balance(RMB Changes ratio Reasons of changes
(RMB 10,000)
10,000)
Mainly due to the purchase of currency funds and
Monetary funds 17,856.12 27,908.72 -36.02%
investment in Line 7 projects during the reporting period
Mainly due to the increase in sales revenue of the
Notes receivable 2,498.99 1,681.37 48.63%
polarizer business during the reporting period
Financing Mainly due to the increase in sales income of the polarizer
14,345.53 10,205.13 40.57%
receivable business during the reporting period.
Mainly due to the increase in prepayment for materials
Prepayments 4,271.17 1,690.25 152.69%
during the reporting period.
Other account Mainly due to the collection of customer security deposits
3,939.58 526.50 648.26%
receivable during the reporting period.
Mainly due to the indentified input tax to be deducted and
Other current asset 4,506.99 7,748.21 -41.83%
transferred to the tax payable during the reporting period.
Advance receipts 1,413.50 354.24 299.02% Mainly due to the increase in sales receipts in advance.
Retained profit 12,968.87 8,691.24 49.22% Mainly due to gaining profit during the reporting period.
Amount at the Amount at the
Items period（RMB same period of last Changes ratio Reasons of changes
10,000) year(RMB 10,000)
Mainly due to the YOY increase in operating income from
Operating income 55,295.02 38,403.89 43.98%
polarizer business and property leasing business
Mainly due to the increase in sales staff salaries and sales
Sale expenses 1,218.69 506.05 140.82%
service fees
Mainly due to increased research and development in this
R & D Cost 1,121.02 848.62 32.10%
period.
Mainly due to the sharp decline in the yen exchange rate
Financial expenses -1,099.18 92.56 -1287.53% during the reporting period and the substantial increase in
exchange gains.
Assets impairment Mainly due to the increase in provision for inventory
-2,672.69 -1,698.96 -57.31%
loss falling prices.
Mainly due to the decrease in wealth management income
Investment income 500.84 753.26 -33.51%
during the reporting period.
Shenzhen Textile(Holdings) Co., Ltd. The First Quarter Report 2021
Mainly due to the continuous profitability of the polarizer
Operating profit 6,882.35 -1,143.84 701.69%
business during the reporting period.
Mainly due to the continuous profitability of the polarizer
Total frofit 6,882.00 -1,141.64 702.82%
business during the reporting period.
Income tax expenses 672.05 129.45 419.16% Mainly due to the increase in income tax expenses.
Mainly due to the continuous profitability of the polarizer
Net profit 6,209.95 -1,271.09 588.55%
business during the reporting period.
Net cash flow
Mainly due to the purchase of currency funds during the
generated by -10,602.71 -80.92 -13002.71%
reporting period.
investment activities
Net cash flow
Mainly due to the increase in loans for Line 7 project
generated by 7,186.57 -40.05 18044.00%
during the reporting period.
financing activities
II. The progress of significant events and influence, as well as the analysis and explanation on resolving
proposal.
√ Applicable □ Not applicable
(I)Matters concerning the Company's involving arbitration and the subsidiary’s' 2019 performance
commitment compensation
On March 9, 2020, the company received the Notice of Arbitration (No.452 -2) from Shenzhen International
Arbitration Court and the Application for Arbitration submitted by Hangzhou Jinjiang Group Co., Ltd., which is
the applicant of this arbitration while the company is the respondent. Hangzhou Jinjiang Group Co., Ltd.
submitted the following arbitration requests: 1. The ruling made the following changes to the Cooperation
Agreement: (1) Delete the original Article 3.1 of the Cooperation Agreement and the relevant unfulfilled rights
and obligations will no longer be fulfilled (2) Delete the original Article 6.4 of the Cooperation Agreement, and
the relevant unfulfilled rights and obligations will no longer be fulfilled; 2. The respondent shall bear the
arbitration fee of the case and the actual expenses of the arbitral tribunal. The applicant reserves the right to
further modify the arbitration request. For details, please refer to the Announcement of 2020-07 on the website of
http://www.cninfo.com.cn.
On March 26, 2020, the company received the Notice on Extending the Time Limit Appointed by Arbitrators
(2020 SGZS No.452 -3) delivered by Shenzhen International Arbitration Court. Due to the complexity of the
dispute and the special epidemic background, the applicant needs extra time to negotiate and communicate the
procedural matters of the case with the respondent, so it applies to Shenzhen International Arbitration Court to
extend the time limit for appointing arbitrators in this case. Shenzhen International Arbitration Court believes that
the applicant's request is reasonable, and both parties are requested to notify Shenzhen International Arbitration
Court in writing of the arbitrator's appointment result before March 30, 2020. Therefore, the company shall
appoint an arbitrator before March 30, 2020 instead of within 15 days after receiving the arbitration notice on
March 9, 2020, and notify the Shenzhen International Arbitration Court of the results in writing. For details,
please refer to the Announcement of 2020-21 on the website of http://www.cninfo.com.cn
On April 17, 2020, the company received the Notice of Arbitral Tribunal Composition (2020 SGZS No.452-4)
from Shenzhen International Arbitration Court. Both parties to the arbitration informed Shenzhen International
Shenzhen Textile(Holdings) Co., Ltd. The First Quarter Report 2021
Arbitration Court in writing of the results of arbitrator selection according to the arbitration procedure before
March 30, 2020, and appointed 1 arbitrator respectively and 1 chief arbitrator together. On April 16, 2020, the
arbitration tribunal was formed to hear the case.
On December 1, 2020, the arbitration case was heard in the Seventh Arbitration Tribunal of the Court of
Arbitration located at the Shenzhen Stock Exchange.The arbitration tribunal made the following rulings on this
case on March 25, 2021: 1. The applicant is exempted from performing the 2019 performance compensation
obligations stipulated in Article 3.1 of the Cooperation Agreement, and is not required to pay the 244,783,800
yuan of 2019 performance difference compensation to Shengbo Optoelectronics; 2. The arbitration fee of RMB
2,682,011 for this case and the actual expenses of the arbitrators of RMB 8,000 shall all borne by the applicant; 3.
The applicant’s other arbitration requests are not supported. This ruling is final and will become legally effective
from the date it is made. For details, please refer to the "Announcement on the Results of the Company Involving
Arbitration" (No. 2021-29) disclosed on Cninfo website (http://www.cninfo.com.cn).
（II）Provision of guarantees for subsidiaries to apply for bank mortgages
In order to meet the capital requirements for the construction of the polarizer industrialization project (line 7)
for super-large TVs, the 28th meeting of the seventh board of directors of the company deliberated and approved
the "Proposal on Subsidiaries Applying for Mortgage Loans from Banks" and "About The Proposal on Providing
Guarantees for Subsidiaries' Mortgage Loans, the Proposal on Providing Guarantees for Subsidiaries' Mortgage
Loans Deliberated and Passed by the Second Extraordinary General Meeting of Shareholders in 2020, the 34th
Meeting of the Seventh Board of Directors, and the first interim meeting in 2021 The general meeting of
shareholders reviewed and approved the "Proposal on Clarifying the "Proposal on Providing Guarantees for
Subsidiary Mortgage Loans" and the scope of guarantees in the resolution", and agreed that the subsidiary SAPO
Photoelectric will use some of its self-owned properties to take the Bank of Communications Co., Ltd. Shenzhen
Branch as the lead The bank’s syndicated application for a fixed asset loan of RMB 80 million with a term of no
more than 8 years is based on the "Oversized TV Polarizer Industrialization Project (Line 7) Syndicated Loan"
and "Oversized TV" signed by SAPO Photoelectric and the lender. "The Mortgage Contract of Syndicated Loan
for Polarizer Industrialization Project (Line 7)" shall prevail; Agreed to provide a joint liability guarantee for 60%
of the total debts of the subsidiary SAPO Photoelectric under the above-mentioned project loan to the
above-mentioned syndicate. The principal amount of the secured creditor's rights is RMB 480 million, and the
legal representative of the company or its authorized representative is authorized to represent the company Handle
the above guarantee matters and sign the guarantee contract and any other documents related to this guarantee. For
details, please refer to the company's announcements No. 2020-18, 2020-19, 2020-22, 2020-52, and 2021-11 on
www.cninfo.com.cn. As of the date of the disclosure of this report, the company has signed the "Guarantee
Contract for Syndicated Loans for the Industrialization Project of Polarizers for Ultra-Large TVs (Line 7)" with
Bank of Communications Co., Ltd. Shenzhen Branch, the guarantee agent of the syndicate. For details, please
refer to the "Announcement on the Company's Progress in Providing Guarantees to Subsidiaries" (No. 2020-46)
on October 24, 2020, http://www.cninfo.com.cn.
（III）Progress in subsidiaries participating in the establishment of industrial funds
On November 16, 2017, the company's controlling subsidiary SAPO Photoelectric signed the Changxing
Junying Equity Investment Partnership (Limited Partnership) Agreement with the fund manager Huizhi
Investment Management Co., Ltd, general partner Jinxin Investment Co., Ltd and other limited partners, and
co-sponsored the establishment of an industrial fund, focusing on the optical film industry chain related projects
related to the company's main business, with a fund size of 50 million yuan. SAPO Photoelectric, as one of the
limited partners of the industrial fund, subscribed for a capital contribution of 28.5 million yuan. For details
Juchao Website:（http://www.cninfo.com.cn. (Announcement No.2017--55).
Shenzhen Textile(Holdings) Co., Ltd. The First Quarter Report 2021
On February 10, 2018, Changxing Junying Equity Investment Partnership completed the industrial and
commercial registration and completed the private equity investment fund registration on February 8, 2018. For
details Juchao Website:（http://www.cninfo.com.cn. (Announcement No.2018--05).
As of March 31, 2021, Changxing Junying had accumulated 3 investment projects with a total investment of
42 million yuan.
No Name Investment Fund contribution (RMB 10,000)
1 Shenzhen Kaichuang Shijia Technology Co., Ltd. Optical Film 1,400
2 Shenzhen Shenfuyu Electronic Technology Co., Ltd Optical Film 1,300
3 Shenzhen Hengbaoshun Technology Development Co., Ltd. Optical Film 1,500
Announcement Date of disclosure Website for disclosure
March 11,2020 http//www.cninfo.com.cn. Announcement No.2020-07
Matters concerning the
March 28,2020 http//www.cninfo.com.cn. Announcement No.2020-21
Company's involving arbitration
for its subsidiary’s 2019 November 5,2020 http//www.cninfo.com.cn. Announcement No.2020-50
performance commitment December 17,2020 http//www.cninfo.com.cn. Announcement No.2020-56
compensation
March 30,2021 http//www.cninfo.com.cn. Announcement No.2020-29
March 18,2020 http//www.cninfo.com.cn. Announcement No.2020-18
March 18,2020 http//www.cninfo.com.cn. Announcement No.2020-19
Matters concerning the
Company providing guarantee April 7,2020 http//www.cninfo.com.cn. Announcement No.2020-22
for its subsidiary’s bank October 24,2020 http//www.cninfo.com.cn. Announcement No.2020-46
mortgage loans applied.
November 25,2020 http//www.cninfo.com.cn. Announcement No.2020-52
February 3,2021 http//www.cninfo.com.cn. Announcement No.2021-11
Progress in the implementation of share repurchase
□ Applicable √ Not applicable
Progress in the implementation of the reduction of the repurchased shares by means of centralized bidding
□ Applicable √ Not applicable
III. Commitments finished in implementation by the Company, shareholders, actual controller, acquirer,
directors, supervisors, senior executives or other related parties in the reporting period and commitments
unfinished in implementation at the end of the reporting period
√Applicable □Not applicable
Time
of Perio
Commit maki d of
Fulfill
Commitment ment Type Contents ng comm
ment
maker com itmen
mitm t
ent
Shenzhen Textile(Holdings) Co., Ltd. The First Quarter Report 2021
As Shenzhen Investment Holdings Co., Ltd., the
controlling shareholder of the company, committed
when the restricted-for-sale shares from the shares
restructuring were listed for circulation in the market: i.
Shenzh
if they plan to sell the shares through the securities
en Sustai
Share exchange system in the future, and the decrease of the
Investm Augu ned Under
Commitment on reduction shares they hold reaches 5% within 6 months after the
ent st 4, and Fulfill
share reform commitme first decrease, they will disclose an announcement
Holding 2006 effect ment
nt indicating the sale through the company within two
s Co., ive
trading days before the first decrease; ii. They shall
Ltd.
strictly observe the “Guidelines on Transfer of
Restricted-for-sale Original Shares of Listed
Companies” and the provisions of the relevant business
principles of Shenzhen Stock Exchange.
Commitment in
the acquisition
report or the
report on equity
changes
Commitment
made upon the
assets
replacement
Shenzhen Investment Holdings Co., Ltd. signed a
“Letter of Commitment and Statement on Horizontal
Competition Avoidance” when the company issued
non-public stocks in 2009. Pursuant to the Letter of
Commitment and Statement, Shenzhen Investment
Holdings Co., Ltd. and its wholly owned subsidiary,
Commitm subsidiaries under control or any other companies that
Shenzh
ents on have actual control of it shall not be involved in the
en Sustai
horizontal business the same as or similar to those Shenzhen
Commitments Investm Octob ned Under
competitio Textile currently or will run in the future, or any
made upon ent er 9, and Fulfill
n, related businesses or activities that may constitute direct or
issuance Holding 2009 effect ment
transaction indirect competition with Shenzhen Textile; if the
s Co., ive
and capital operations of Shenzhen Investment Holdings Co., Ltd.
Ltd.
occupation and its wholly owned subsidiaries, subsidiaries under
control or other companies that have actual control of it
compete with Shenzhen Textile in the same industry or
contradict the interest of the issuer in the future,
Shenzhen Investment Holdings Co., Ltd. shall urge such
companies to sell the equity, assets or business to
Shenzhen Textile or a third party; when the horizontal
Shenzhen Textile(Holdings) Co., Ltd. The First Quarter Report 2021
competition may occur due to the business expansion
concurrently necessary for Shenzhen Investment
Holdings Co., Ltd. and its wholly owned subsidiaries,
subsidiaries under control or other companies that have
actual control of it and Shenzhen Textile, Shenzhen
Textile shall have priority.
The commitments during the period non-public issuance
in 2012: 1. Shenzhen Investment Holdings, as the
controlling shareholder of Shenzhen Textile, currently
hasn't the production and business activities of
inter-industry competition with Shenzhen Textile or its
share-holding subsidiary. 2. Shenzhen Investment
Holdings and its share-holding subsidiaries or other
enterprises owned the actual control rights can't be
directly and indirectly on behalf of any person,
company or unit to engage in the same or similar
Commitm business in any districts in the future by the form of
Shenzh
ents on share-holding, equity participation, joint venture,
en Sustai
horizontal cooperation, partnership, contract, lease, etc., and
Investm July ned Under
competitio ensure not to use the controlling shareholder's status to
ent 14, and Fulfill
n, related damage the legitimate rights and interests of Shenzhen
Holding 2012 effect ment
transaction Textile and other shareholders, or to gain the additional
s Co., ive
and capital benefits. 3. If there will be the situation of inter-industry
Ltd.
occupation competition with Shenzhen Textile for Shenzhen
Investment Holdings and its share-holding subsidiaries
or other enterprises owned the actual control rights in
the future, Shenzhen Investment Holdings will promote
the related enterprises to avoid the inter-industry
competition through the transfer of equity, assets,
business and other ways. 4. Above commitments will be
continuously effective and irrevocable during Shenzhen
Investment Holdings as the controlling shareholder of
Shenzhen Textile or indirectly controlling Shenzhen
Textile.
1.The company undertakes not to provide loans, loan
Shenzh guarantees, and any other forms of financial assistance
en to the incentive objects for obtaining the restricted Nove
Other April
Equity incentive Textile( stocks in the incentive plan; 2. The company undertakes mber Fulfill
commitme 7,202
commitment Holding that there is no circumstance that the stock incentive 27,20 ment
nt 1
s) Co., shall be prohibited as stipulated in the provisions of 17
Ltd. Article 7 of the “Measures for the Management of Stock
Incentives of Listed Companies”.
Other
Shenzhen Textile(Holdings) Co., Ltd. The First Quarter Report 2021
commitments
made to
minority
shareholders
Executed timely
Yes
or not?
If the
commitments
failed to
complete the
execution when
expired, should
specifically Not applicable
explain the
reasons of
unfulfillment
and the net stage
of the working
plan
IV. Financial asset investment
1. Investment in securities
□ Applicable √ Not applicable
No securities investment in period.
2.Investment in derivatives
□ Applicable √Not applicable
There is no derivative investment during the report period.
V. Progress of investment projects with raised funds
√ Applicable □ Not applicable
The progress of investment and construction of the polarized film industrialization project for ultra-large-size
TVs (Line 7)
As of March 31, 2021, The line 7 project has completed the overall commissioning and entered the chemical trial
production, and it’s expected to enter the mass production stage in July this year.
On March 16, 2021, The funds raised in the special account for raised funds for the Line 7 project have been
used up as required, and the Company has cancelled the special account for the raised funds. For details, please
refer to No. 2021-30 Announcement of the Company disclosed on www.cninfo.com.cn.
As of March 31, 2021, the cumulative investment contract value of the Line 7 project was 1,832.21 million yuan,
and the actual payment was 1,563.69 million yuan (using the raised funds of 409.95 million yuan, and using its own
funds and government funds of 1,153.74 million yuan).
Shenzhen Textile(Holdings) Co., Ltd. The First Quarter Report 2021
VI. Prediction of the performances from January to June 2021
Estimation on accumulative net profit from the beginning of the year to the end of next report period to be loss
probably or the warning of its material change compared with the corresponding period of the last year and
explanation on reason
□ Applicable √ Not applicable
VII. Major contracts for daily operations
□ Applicable √ Not applicable
VIII. Entrusted Financial Management
√ Applicable □ Not applicable
In RMB10,000
Type Capital resources Amount for entrust Undue balance Overdue amount
Bank financing
Self funds 20,000 6,000 0
product
Other Self funds 64,370 63,370 0
Total 84,370 69,370 0
The detailed information of entrusted wealth-management with significant amount or low safety, poor liquidity or
high risk with no promise of principal
√ Applicable □Not applicable
In RMB 10,000
Nam Type Pr Amou Capi Start Expi Fun Met Refe Exp Act The Am Wh Wh Su
e of of od nt tal Date ry ds hod renc ecte ual actu ount ethe ethe mm
Trus Trust uct Sour Date Allo of e d prof al of r r ary
tee ee Ty ce cati Rew Ann Inco it reco prov pass ther of
Org Orga pe on ard uali me and very isio ed e is eve
aniz nizat Dete zed (if loss of n the any nts
atio ion( rmin Rate any) duri prof for stat entr and
n (or or atio of ng it imp utor uste relat
Trus Trust n Retu the and airm y d ed
tee ee) rn repo loss ent proc fina sear
Nam rting duri (if edur ncia ch
e) peri ng any) e l inde
od the plan x (if
repo in any)
rting the
peri futu
od re
Sout Re
M Sept Publ
hern Mar dem Une Not
Fund on emb ic
Asss Self ch pt 2.65 x appl
Com eta 30,500 er fund Yes
et fund 31,2 ion % pire icab
pany ry 7,20 prod
Man 021 onT d le
fu 20 ucts
age day
Shenzhen Textile(Holdings) Co., Ltd. The First Quarter Report 2021
men nd ,arri
t val
Co., onT
Ltd. +1
day
Total 30,500 -- -- -- -- -- -- 0 0 -- -- -- --
Entrusted financing appears to be unable to recover the principal or there may be other circumstances that
may result in impairment
□ Applicable √ Not applicable
IX. External guarantee get out of line
□ Applicable √Not applicable
The Company has no external guarantee get out of the line in the Period
X. Controlling shareholder and its related parties occupying non-business capital of the listed company
□ Applicable √Not applicable
There are no controlling shareholder and its related parties occupying non-business capital of the listed company
in Period
XI. The registration form of acceptance of investigation, communication and interview in the report period
for future reference
√ Applicable □Not applicable
Index of Basic
Types of
Reception Place of Way of Visitors Main contents discussed and Information on the
visitors
time reception reception received information provided Investigation and
received
Survey
The main content: the price
increase situation of polarizer
For details, please
and its impact on the
refer to the "
Meeting Company; whether the
Research Activities
room on upstream raw material price
March Field Organizati Great Wall Information of the
the sixth increases; the related issues of
18,2021 research on Securities Company 20210319”
floor of the production capacity release of
（2021-01）
company Line 7 and the gross profit
http://www.cninfo.c
rate; the price comparison
om.cn.
with the same industry.
Document provided: None.
Shenzhen Textile(Holdings) Co., Ltd. The First Quarter Report 2021
The Board of Directors of Shenzhen Textile (Holdings) Co., Ltd.
April 28,2021
