Jiangsu Golden Feida Limited By Share Ltd Announcements

Stock Code: 002239 securities short: Jin Fei Da announcement number: 2011-002

Jiangsu Jin Feida Clothing Limited by Share Ltd

Notice of equity pledge

All members of the company and the board of directors guarantee that the contents of the information disclosure are true, accurate and complete, without false records, misleading statements or major omissions.

In February 22, 2011, the company received a notice from the controlling shareholder of Jiangsu Diao holding group Limited by Share Ltd (holding 85 million 500 thousand shares of the company, which is currently restricted to the sale of tradable shares, accounting for 42.54% of the total share capital of the company). The Jiangsu Diao holding group Limited by Share Ltd has pledged 29 million 880 thousand shares of the company's shares (14.87% of the total share capital of the company) to the Shanghai Pudong Development Bank, Limited by Share Ltd Nantong branch, and obtained the highest 110 million yuan credit line for it. The duration of the pledge is two years from the date of registration of the equity pledge registration (February 21, 2011). The Limited by Share Ltd of Jiangsu Di Ao holding group has handled the registration of equity pledge in Shenzhen branch of China Securities Depository and Clearing Co., Ltd. in February 21, 2011.

Up to now, Jiangsu Diao The Limited by Share Ltd of the Holding Group pledged 29 million 880 thousand shares of the company, accounting for 14.87% of the total share capital of the company.

According to the relevant provisions of the Shenzhen Stock Exchange Listing Rules, the company fulfil its obligation to disclose information.

Notice hereby.

Jiangsu golden Feida Limited by Share Ltd

Board of directors

February 23, 2011

Stock Code: 002239 stock abbreviation: Jin Feida Announcement number: 2011-003

Jiangsu golden Feida Limited by Share Ltd

2010 annual performance Bulletin

All members of the company and the board of directors guarantee the authenticity, accuracy and completeness of the information disclosure, without any false record, misleading statement or major omission.

The 2010 annual financial data contained in this notice has been audited by the internal audit department of the company. There is a discrepancy between the audit data and the audit data of the accounting firm, so investors should pay attention to the risk of investment.

Major financial data in 2010

Unit: Yuan

project

2010 (1-12)

(2009) year (1-12 months)

Increase or decrease margin (%)

Total operating income

Four hundred and eighteen million three hundred and eighty-one thousand five hundred and thirty-three point one zero

Four hundred and three million three hundred and ten thousand nine hundred and fifty-six point four five

Three point seven four

operating profit

12529376.57{page_break}

Thirty-nine million nine hundred and ninety-nine thousand nine hundred and fifty-four point five five

-68.68

Total profit

Twelve million nine hundred and seventy thousand seven hundred and thirty-two point one eight

Forty million three hundred and nineteen thousand one hundred and fifty-two point five six

-67.83

Net profit attributable to shareholders of listed companies

Ten million five hundred and thirty-three thousand three hundred and ninety-six point eight eight

Twenty-eight million nine hundred and forty-seven thousand two hundred and seventy-nine point seven two

-63.61

Basic earnings per share

Zero Point Zero Five

Zero point one four

-62.54

Weighted average return on net assets

1.99%

5.48%

-3.49

project

The end of 2010 (December)

The end of 2009

Increase or decrease margin (%)

total assets

Five hundred and eighty-eight million three hundred and twenty-three thousand seven hundred and nineteen point seven five

Six hundred and twenty-three million one hundred and eighty thousand six hundred and four point eight four

-5.59

Owners' equity attributable to shareholders of listed companies

Five hundred and twenty-nine million five hundred and ten thousand seven hundred and fifty point nine zero

Five hundred and twenty-nine million four hundred and nine thousand two hundred and seventy-eight point two eight

Zero point zero two

equity

Two hundred and one million

Two hundred and one million

Zero

Net assets per share attributable to shareholders of listed companies

Two point six three four four

Two point six three three nine

0.02{page_break}

Note: the above table data are listed in the company's consolidated statement data.

Two. Brief description of business performance and financial position

In 1 and 2010, the total business revenue of the company increased slightly compared with the previous year, but the cost of production increased significantly, while the price of clothing products in foreign markets was relatively stable, resulting in a substantial decline in gross profit margin. At the same time, the appreciation of RMB also has a negative impact on the company's efficiency.

2. Reasons for the increase or decrease of main indicators

Operating profit, total profit and net profit attributable to shareholders of listed companies decreased by more than 30%, mainly due to the sharp rise in domestic clothing fabrics and accessories and the increase in company labor costs in 2010, which further squeezed the company's profit margins.

Three. Reference documents

1. A comparative balance sheet and profit statement signed and sealed by the current legal representative of the company, the person in charge of the accounting work, and the person in charge of the accounting institution (the accountant in charge).

2. The internal audit report signed by the head of the internal audit department.

Jiangsu golden Feida Limited by Share Ltd

Board of directors

February 22, 2011