Jiaxin Silk (002404): Wholly Owned Subsidiary Completes Industrial And Commercial Change Registration

Announcement of Zhejiang Jiaxin silk Co., Ltd. on the completion of industrial and commercial registration of wholly owned subsidiary

The company and all members of the board of directors guarantee that the information disclosure content is true, accurate and complete, and there are no false records, misleading statements or major omissions.

Zhejiang Jiaxin silk Co., Ltd. (hereinafter referred to as "the company") held the fifth meeting of the eighth board of directors and the first extraordinary general meeting of shareholders in 2021 on January 15, 2021 and February 1, 2021, respectively, and deliberated and passed the proposal on changing the use of part of the raised funds and adding new raised investment projects. It is agreed that the company will use the raised funds of 30 million yuan to increase capital to Jiaxing Texin Weaving Co., Ltd. (hereinafter referred to as "Texin weaving") for the construction of the new raised investment project "technical transformation project of 12 Italian rapier looms". For details, please refer to the announcement on changing the use of part of the raised funds and adding new raised investment projects (Announcement No.: 2021-004) announced by the company on January 16, 2021 in the securities times, Shanghai Securities News and www.cninfo.com.cn.

Recently, Texin weaving has completed the relevant industrial and commercial change registration, and obtained a new business license. The main industrial and commercial registration changes are as follows:

Except for the above changes, other industrial and commercial registration items have not changed. The main industrial and commercial registration information of Texin weaving is as follows:

1. Name: Jiaxing Texin Weaving Co., Ltd

2. Unified social credit Code: 91330411747715047h

3. Type: limited liability company (sole proprietorship of legal person invested or controlled by non natural person)

Address: Xiuzhou Industrial Park, Jiaxing

5. Legal representative: Xu Hong

6. Registered capital: 70 million yuan

7. Time of establishment: March 10, 2003

Business scope: manufacturing, processing and sales of silk and chemical fiber fabrics; manufacturing, processing and sales of textile products and textile clothing; sales of chemical fiber textile raw materials; manufacturing, processing and sales of computer embroidery products and computer ribbon. It is hereby announced.

Board of directors of Zhejiang Jiaxin silk Co., Ltd

March 19, 2021