JINJIANG, Fujian, China, April 28, 2011 /PRNewswire-Asia/ -- China Xiniya Fashion Limited ("Xiniya", NYSE symbol XNY) announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2010 with the United States Securities and Exchange Commission (the "SEC"), which includes its audited financial statements.
Pursuant to Section 203.01 of the New York Stock Exchange ("NYSE") Listed Company Manual, the requirement for an NYSE-listed company to distribute a hard copy of the annual report to shareholders was eliminated. A listed company is required to file with the SEC its annual reports (which include the audited financial statements) and is required to simultaneously make the annual report available to its shareholders on or through the company's website.
Pursuant to the current rule, Xiniya's 2010 annual report on Form 20-F may be accessed through the SEC's website — www.sec.gov, as well as the official website of Xiniya— http://ir.xiniya.com/phoenix.zhtml?c=241168&p=irol-irhome.
The soft copy of Xiniya's annual report on Form 20-F (in pdf format) may also be downloaded through its website.
Xiniya will deliver within a reasonable time after request a hard copy of its 2010 annual report on Form 20-F, including its complete audited financial statements, free of charge, to any shareholder upon request.
To request a hard copy of the annual report, please write to:
| China Xiniya Fashion Limited | |
| Xiniya Industry Mansion, Xintang Development Area | |
| Jinjiang City, Fujian Province 362200 | |
| People's Republic of China | |
About China Xiniya Fashion Limited
Xiniya is a leading provider of men's business casual apparel in China. The Company designs and manufactures men's business casual and business formal apparel and accessories, which are marketed under the Xiniya brand, and sells through its distribution network that includes 26 distributors and 24 department store chains. Its products are sold to consumers at over 1,400 authorized retail outlets owned and managed by third parties located in 21 provinces, five autonomous regions, and four municipalities in China. This authorized retail network focuses on second- and lower-tier cities, where increasing affluence has led to an improvement in living standards and where most international men's apparel brands do not have a significant presence. The Company's target consumers are male working professionals in China between the ages of 25 and 45 who seek fashionable clothing to suit their working and lifestyle needs. For more information, please visit the Company's website at http://ir.xiniya.com.
| For additional information, please contact: | |
| China Xiniya Fashion Limited | |
| Chee Jiong Ng | |
| Chief Financial Officer | |
| Telephone: +86 1365 5939 932 | |
| Email: ngcheejiong@xiniya.com | |
| Christensen | |
| Kimberly Minarovich | |
| Telephone: +1 212-618-1978 | |
| Email: kminarovich@christensenir.com | |
| or | |
| Linda Bergkamp | |
| Telephone: +1 480 614-3000 | |
| Email: lbergkamp@christensenir.com | |
