About FOUNTAIN SET Company

About Fukuda Industrial (Group) Limited (the “Company”) and its subsidiaries (“Fukuda Group”) (stock code: 00420, Hong Kong) Fukuda Group is one of the world's largest and oldest knitted fabric manufacturers. It provides highly vertical and integrated services such as knitting, dyeing, printing, finishing and garment manufacturing, and manufactures knitted fabrics and ready-to-wear for many well-known clothing retailers and brands. As believers in R&D, we partner with brands and suppliers to develop innovative and creative fabrics and ready-to-wear products for consumers around the world. Fukuda Group is headquartered in Hong Kong and listed on the main board of the Hong Kong Stock Exchange Limited. It has 7 production facilities in the People's Republic of China (“China”), Sri Lanka and Indonesia, marketing offices and representative offices in 4 countries, and has nearly 5,800 employees worldwide. China Textile Group Co., Ltd. is a wholly-owned subsidiary of COFCO Group Co., Ltd., and has been the largest shareholder of the Company since 2012. COFCO Group Co., Ltd. is a state-owned enterprise established in China and is a direct wholly-owned subsidiary of the State-owned Assets Supervision and Administration Commission of the State Council of China. Mr. Xia Songfang, the founder and honorary chairman of the Company, is still one of the major shareholders of the Company. For more information about Fukuda Industrial (Group) Co., Ltd., please visit www.fshl.com For more information about China Textile Group Co., Ltd., please visit www.chinatex.com For more information about COFCO Group Limited, please visit www.cofco.com