XIAMEN, Fujian, China, Aug. 28, 2012 /PRNewswire-Asia/ -- China Xiniya Fashion Limited ("Xiniya" or the "Company" NYSE: XNY), a leading provider of men's business casual apparel in China, today announced that it will hold its annual general meeting ("AGM") of shareholders on September 28, 2012 at 10:00 a.m. Beijing time. The meeting will be held at the Company's office at 4th Floor, No. 33 Wang Hai Road, Ruan Jian Yuan Phase 2, Xiamen, Fujian Province, People's Republic of China.
Shareholders as of the record date of August 28, 2012 are entitled to attend the meeting. The notice of the annual general meeting of shareholders and the proxy statement related to the meeting are available on the Company's website at http://ir.xiniya.com.
No proposal will be submitted for shareholder approval at the AGM. Instead, the AGM will serve as an open forum for shareholders and beneficial owners of the Company's American Depositary Shares ("ADSs") to discuss Company affairs with management.
Shareholders and ADS holders may obtain a copy of the Company's annual report on Form 20-F, free of charge, from our website at http://ir.xiniya.com, or by e-mailing to Ms. Kimberly Minarovich, of Christensen International, at email@example.com.
Xiniya will host a conference call and live webcast of the AGM for those who are not able to attend in person at 10:00 a.m. Beijing time on September 28, 2012 (10:00 p.m. Eastern Daylight Time (EDT) on September 27, 2012).
The dial-in details for the live conference call are as follows:
A telephone replay of the call will be available 1 hour after the end of the conference through October 5, 2012.
The dial-in details for the replay are as follows:
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, five 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://ir.xiniya.com.
For more information, please contact:
China Xiniya Fashion Limited
Mr. Chee Jiong Ng
Chief Financial Officer
Mobile +86 136 5593 9932 in China
Ms. Kimberly Minarovich
Telephone +1 212 618 1978 in New York
Mr. Christian Arnell
Telephone +86 10 5826 4939 in Beijing
SOURCE China Xiniya Fashion Limited