Huafeng Spandex (002064): Working Conference On Reorganization Matters

Zhejiang Huafeng spandex Limited by Share Ltd on China Securities Regulatory Commission listed company

Announcement of arrangements for work conference of merger and reorganization committee

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.

The China Securities Regulatory Commission (hereinafter referred to as the "China Securities Regulatory Commission") released the announcement of the forty-sixth working conference of the merger and reorganization Commission on its official website in September 23, 2019. The Commission of mergers and acquisitions of the listed companies of the China Securities Regulatory Commission (hereinafter referred to as "the joint venture reorganizing committee") is scheduled to convene the forty-sixth meeting of the merger and reorganization committee in 2019 at 9:00 a.m. in September 27, 2019. It will issue shares and pay cash to purchase assets of the Zhejiang Huafeng spandex Limited by Share Ltd (hereinafter referred to as "the company") and raise the matching funds and related transaction matters for examination. The company has issued a letter of commitment to the Zhejiang Securities Regulatory Commission to ensure that it does not affect and interfere with the examination and approval of the merger and reorganization committee. "The company has issued a letter of commitment to the China Securities Regulatory Commission (Limited by Share Ltd)."

In order to safeguard the interests of the majority of investors and avoid causing abnormal fluctuations in stock prices, the company's stock (stock short: Huafeng spandex, stock code: 002064) will be suspended on the day of the merger and reorganization committee meeting in September 27, 2019, according to the relevant provisions of the listed companies' major asset restructuring management measures and the guiding opinions on improving the suspension and resumption system of listed companies.

The company will pay close attention to the audit results of the merger and reorganization committee and strictly fulfill the obligation of information disclosure in strict accordance with the requirements of relevant laws and regulations.

Notice hereby.

Zhejiang Huafeng spandex Limited by Share Ltd

Board of directors

September 24, 2019