Jiaxin Silk (002404): Abnormal Fluctuations In Stock Trading

Zhejiang Jiaxin silk Limited by Share Ltd

Notice of abnormal fluctuation in stock trading

The company and the board of Directors ensure that the contents of the announcement are true, accurate and complete, and assume responsibility for false statements, misleading statements or major omissions in the announcement.

I. Introduction of abnormal fluctuations in stock spanactions

Zhejiang Jiaxing silk Limited by Share Ltd (hereinafter referred to as the "company") (stock short: Jiaxin silk, stock code: 002404) stock trading price within two consecutive trading days (May 13, 2019, May 14, 2019) closing price rise deviation value accumulated more than 20%, according to the relevant provisions of the Shenzhen stock exchange, is an abnormal fluctuation.

Two, the company pays attention to and verifies relevant information.

In view of abnormal fluctuations in stock spanactions, the company verified the related matters and inquired about the controlling shares of the company.

East and the actual controller, the relevant information is as follows:

1., there is no violation of fair information disclosure regulations. There is no need to correct or supplement the information disclosed earlier.

2. the company did not find any recent public media coverage of possible or already undisclosed important information that had a significant impact on the price of the company's stock.

3. the company has been operating normally in recent years, and no significant changes have taken place in its operation and internal and external business environment.

4. the company and its controlling shareholder and the actual controller do not have any major issues that the company should disclose and not disclose, nor are there any major matters related to the company at the planning stage.

5. after verification, the controlling shareholder and actual controller of the company did not buy or sell shares in the company during the abnormal fluctuation of the stock spanaction.

Three. Is there a description of information that should be disclosed without disclosing information?

The board of directors of the company confirmed that there were no matters that should be disclosed by the company in accordance with the relevant provisions of the Shenzhen Stock Exchange Listing Rules, or the matters related to planning, negotiation, intention, agreement and so on. The board of directors has not received any information that the company has disclosed under the relevant provisions of the Shenzhen Stock Exchange Listing Rules and has no significant effect on the trading price of the company's stock.

Four, risk warning 1. self check, the company does not exist in violation of information fair disclosure situation; 2. companies in April 27, 2019 disclosed the company's first quarter report in 2019, the first quarter of 2019 to achieve operating income of 903006849.79 yuan, an increase of 20.05% over the same period last year, the net profit attributable to shareholders of listed companies 40262698.58 yuan, an increase of 28.89% over the same period last year.

3. the securities times, China Securities Journal and www.cninfo.com.cn are the statutory information disclosure media of the company. All information of the company is based on the information published in the above designated media. We invite investors to invest rationally and pay attention to investment risks.

Notice hereby.

Zhejiang Jiaxin silk Limited by Share Ltd board of directors

May 15, 2019