About Jiangsu Huaxicun Company

The company (hereinafter referred to as the “Company”) was established in May 1999. In July of the same year, with the approval of China Securities Regulatory Commission (1999) No. 81, it publicly issued 35 million A-shares on the Shenzhen Stock Exchange on July 13, and listed and traded on the Shenzhen Stock Exchange on August 10. The company is mainly engaged in R&D, production and sales of polyester chemical fibers, and petrochemical warehousing and logistics services. The main products include spunlace special polyester staple fibers, semi-matt polyester staple fibers, glossy polyester staple fibers, fluorescently whitening polyester staple fibers, petrochemical storage, etc. The company has won honorary titles such as Contract-honoring and Trustworthy Enterprise and AAA-level Bank Credit Enterprise in Jiangsu Province. Since its listing, the company has relied on the capital market to continuously improve the corporate governance structure, establish and improve internal management and control systems, improve management levels, continue to promote independent innovation, operate in accordance with the law and in good faith, and have achieved good economic benefits and good social benefits.