深纺织Ｂ:2024年年度报告(英文版)

Shenzhen Textile (Holdings) Co., Ltd.
2024 Annual Report
March 2025

Section I Important Notes, Table of Contents and Interpretations
The Board of Directors, Board of Supervisors, directors, supervisors and senior officers of the
Company guarantee the authenticity, accuracy and completeness of the contents of the annual report,
and bear individual and joint legal liabilities for any false records, misleading statements or major
omissions.
The Principal Yin Kefei, the Chief Finance Officer Liu Yu and the Chief Accountant (accounting
supervisor) Huang Min declare that they will ensure the authenticity, accuracy and completeness of
the financial report in this annual report.
In addition to the following directors, other directors personally attended the Board meeting at which
the Annual Report was considered.
Names of directors not Positions of directors not Reasons for not attending the Name of principal
present in person present in person meeting in person
Wang Chuan Director Business Related Wei Junfeng
Meng Fei Director Business Related Liu Yu
Forward-looking statements such as future development plans involved in this report do not constitute
a substantial commitment by the Company to investors. Investors and related persons should maintain
sufficient risk awareness and understand the differences between plans, forecasts and commitments.
Investors are requested to pay attention to investment risks.
The Company is exposed to macroeconomic risks, market risks, raw materials risks and intensified
competition risks. Investors are advised to pay attention to investment risks. For details, please refer to
"XI. Outlook for the Company's Future Development (III) Possible Risks" in "Section III Management
Discussion and Analysis" of this report.
The profit distribution plan reviewed and approved by the Company at the Board is: based on
506,521,849 shares, distribute cash dividends of 0.71RMB (including tax) for every 10 shares to all
shareholders, and distribute 0 bonus shares (including tax), without converting the provident fund into
share capital.

This report is prepared in Chinese and English respectively. In case of any ambiguity between the
Chinese and foreign versions, the Chinese version shall prevail.

Table of Contents

Section I Important Notes, Table of Contents and Interpretations......2
Section II Company Profile and Major Financial Indicators...... 7
Section III Management's Discussion and Analysis......11
Section IV Corporate Governance......29
Section V Environment and Social Responsibilities......49
Section VI Important Matters......54
Section VII Changes in Shares and Shareholders......65
Section VIII Preferred shares......71
Section IX Bonds......71
Section X Financial Reports......72
List of Documents Available for Inspection
I. Accounting statements bearing the signatures and seals of the legal representative, Finance Director
and Chief Accountant of the Company;
II. The original audit report bearing the seal of the accounting firm and the signature and seal of the
certified public accountant;
III. The original of all the Company's documents and the original of the announcement that have been
publicly disclosed by the Company on the website designated by the China Securities Regulatory
Commission during the reporting period.
The above-mentioned documents are kept in the office of the Board of Directors for reference.

Interpretations
Items Refers to Interpretations
Company/ the Company / Shenzhen Refers to Shenzhen Textile (Holdings) Co., Ltd.
Textile
Articles of Association Refers to Articles of Association of Shenzhen Textile
(Holdings) Co., Ltd.
State-owned Assets Supervision and
Actual owner / Shenzhen SASAC Refers to Administration Commission of Shenzhen
Municipal People's Government
Controlling shareholder / Shenzhen Refers to Shenzhen Investment Holdings Co., Ltd.
Investment Holdings
Shenchao Technology Refers to Shenzhen Shenchao Technology Investment
Co., Ltd.
SAPO Photoelectric Refers to Shenzhen SAPO Photoelectric Co., Ltd.
MCENTURY Refers to Shenzhen MCENTURY Garment Co., Ltd.
Hengmei Optoelectronics Refers to Hengmei Optoelectronics Co., Ltd.
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