China Xiniya Fashion Limited Files Annual Report on Form 20-F
XIAMEN, China, May 23, 2013 /PRNewswire/ -- China Xiniya Fashion Limited ("Xiniya" or the "Company") (NYSE: XNY) announces that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2012 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 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://www.mzcan.com/us/XNY/irwebsite/index.php). 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 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:
Mr. Chee Jiong Ng
Chief Financial Officer
Telephone: +86 136 5593 9932
Safe Harbor Statement
This news release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "target," "going forward," "outlook" and similar statements. Such statements are based upon management's current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company's control, which may cause the Company's actual results, performance or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.
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 29 distributors. Its products are sold to consumers at over 1,600 authorized retail outlets owned and managed by third parties located in 21 provinces, four autonomous regions, and four municipalities in China. This 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://www.xiniya.com.
For additional information, please contact:
China Xiniya Fashion Limited
Mr. Chee Jiong Ng
Chief Financial Officer
Telephone: +86 1365 5939 932
Ms. Kimberly Minarovich
Telephone: +1 212-542-0795 in New York
Mr. Christian Arnell
Telephone: +86 10 5826 4939 in Beijing
SOURCE China Xiniya Fashion Limited