George White Clothing Co., Ltd. 2012 semi-annual results

During the reporting period, George White Apparel Co., Ltd. achieved total operating revenue of RMB 321,342,094.70, operating profit of RMB 56,983,989.78, and total profit of RMB 57,521,935.10, an increase of 25.87%, 21.51%, and 20.74% year-on-year, respectively, which was mainly due to the continued growth in the company’s professional service income. Constantly expanding the market scale, the main business is developing well.
Zhejiang George White Fashion Co., Ltd. 2012 Half-year Results Express

The company and all members of its board of directors ensure that the contents of the announcement are true, accurate and complete, and there are no false records, misleading statements or major omissions.

Special Note:

The financial data for the half year 2012 contained in this announcement is only preliminary accounting data. Unaudited by the accounting firm, there may be discrepancies between the final data disclosed in the semi-annual report. Investors are advised to pay attention to investment risks.

I. Main financial data and indicators for the 2012 half year

unit: yuan

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Note: The above financial data and indicators are included in the consolidated statement data.

II. Description of operating performance and financial status

1. During the reporting period, the company realized total operating revenue of 321,342,094.70 yuan, operating profit of 56,983,989.78 yuan and total profit of 57,521,935.10 yuan, an increase of 25.87%, 21.51%, and 20.74% year-on-year respectively. The main reason was that the company’s professional service income continued to grow, and the company continued to expand the market. Scale, main business development due to good.

2. During the reporting period, the company achieved a net profit of 48,029,747.16 yuan attributable to the shareholders of the listed company, which represented a year-on-year increase of 20.13%, which was mainly due to the expansion of the company's sales scale and increased profits.

3. During the reporting period, the company achieved a net asset of 4.97 yuan per share attributable to the shareholders of the listed company, an increase of 5.74% year-on-year, which was mainly due to the increase in sales revenue and profits of the company.

Third, explain the difference with the previous performance forecast

The growth rate of the operating performance disclosed in this performance report was within the forecast range of the 2012 semi-annual profit forecast disclosed by the company on July 12, 2012 in the website of CNINFO. There was no difference.

Fourth, other instructions

The company plans to disclose the semi-annual report on August 23, 2012. The detailed financial data is expected to be paid attention to by investors.

V. Documents for reference

1. A comparative balance sheet and income statement signed by the legal representative of the company, the chief financial officer, and the person in charge of the accounting agency and stamped by the company.

2. The internal audit report signed by the person in charge of the internal audit department.

Special announcement

Zhejiang George White Clothing Co., Ltd. Board of Directors

July 30, 2012

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