HINGTEXHLDGS：Supplementalannouncementtotheannualreportfortheyearended31December2018andtheinterimreportforthesixmonthsended30June2019.pdf

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1、Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limitedtake no responsibility for the contents of this announcement,make no representation as toits accuracy or completeness and expressly disclaim any liability whatsoever for any losshowsoever arising from or in reliance

2、upon the whole or any part of the contents of thisannouncement.HINGTEX HOLDINGS LIMITED興 紡 控 股 有 限 公 司(Incorporated in the Cayman Islands with limited liability)(Stock Code:1968)SUPPLEMENTAL ANNOUNCEMENT TO THE ANNUAL REPORTFOR THE YEAR ENDED 31 DECEMBER 2018 AND THE INTERIMREPORT FOR THE SIX MONTHS

3、 ENDED 30 JUNE 2019Reference is made to the prospectus of Hingtex Holdings Limited(the Company,togetherwith its subsidiaries,the Group)dated 28 June 2018(the Prospectus),the annual reportof the Group for the year ended 31 December 2018(the 2018 Annual Report)and theinterim report of the Group for th

4、e six months ended 30 June 2019(the 2019 InterimReport).Unless otherwise defined,capitalised items used in this announcement shall havethe same meanings as those defined in the Prospectus,the 2018 Annual Report and the 2019Interim Report.In addition to the information disclosed in the section headed

5、 Use of Proceeds from theInitial Public Offering in the 2018 Annual Report and the 2019 Interim Report,the Boardwould like to provide additional information pursuant to paragraphs 11(8),11A and 41A ofAppendix 16 of the Listing Rules in relation to the use of net proceeds of approximatelyHK$147.0 mil

6、lion raised from the Share Offer(including the expected timeline of fullutilisation of the remaining proceeds)as below:Net proceedsfrom theShare Offer(Note)Actual useof proceedsup to31 December2018Remainingproceedsas at31 December2018Actualuse ofproceedsup to30 June 2019Remainingproceedsas at 30 Jun

7、e2019Expectedtimeline offull utilisationof theremainingproceedsHK$millionHK$millionHK$millionHK$millionHK$millionTo purchase production machinery andequipment including(i)weaving,slasherdyeing and shrinking lines for increasingour production capacity and efficiency;and(ii)ozone bleaching and washing

8、machineries for enhancing our productdevelopment capability140.1140.19.2130.9By theend of 2020To attend overseas and PRC fabricexhibitions for enhancing our marketpenetration and expanding our customerbase3.23.23.2By theend of 2020For general working capital and other generalcorporate purposes3.73.7

9、3.7By theend of 2020147.0147.09.2137.8 1 Note:The application of the net proceeds from the Share Offer is based on the proposed percentage ofutilisation as specified in the section headed“Future Plan and Use of Proceeds”in the Prospectus.As mentioned in the 2018 Annual Report and the 2019 Interim Re

10、port,all unutilised netproceeds have been placed with banks in Hong Kong.The Group intends to apply theremaining proceeds as shown above.The above additional information does not affect other information contained in the 2018Annual Report and the 2019 Interim Report and save as disclosed above,all o

11、therinformation in the 2018 Annual Report and the 2019 Interim Report remains unchanged.By order of the BoardHINGTEX HOLDINGS LIMITEDTung Tsun HongChairman and executive DirectorHong Kong,16 October 2019As at the date of this announcement,the chairman and executive Director is Mr.Tung TsunHong,the executive Directors are Mr.Tung Wai Ting Stephen and Mr.Tung Cheuk MingStanley,and the independent non-executive Directors are Mr.Tsang Ling Biu Gilbert,Mr.Cheung Che Kit Richard and Mr.Leung Wang Ching Clarence,J.P.2