HUAFENG<00364> - Exceptional Price & Turnover Movements
The Stock Exchange has received a message from Huafeng Textile
International Group Limited which is reproduced as follows:-
"This statement is made at the request of The Stock Exchange of Hong Kong
Limited.
We have noted the recent movements in price and the increase in the
trading volume of the shares of the Company and wish to state that we are
not aware of any reasons for such movements in share price and increase in
trading volume.
We also confirm that saved as disclosed in the Company's announcement
dated 22 July 2003, there are no negotiations or agreements relating to
intended acquisitions or realisations which are discloseable under
paragraph 3 of the Listing Agreement, neither is the Board aware of any
matter discloseable under the general obligation imposed by paragraph 2 of
the Listing Agreement, which is or may be of a price-sensitive nature.
Made by the order of Huafeng Textile International Group Limited, the
directors of which individually and jointly accept responsibility for the
accuracy of this statement.
By Order of the Board
Huafeng Textile International Group Limited
Sze Tak On
Company Secretary
23th day of July, 2003"
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