<SEC-DOCUMENT>0001477932-16-008918.txt : 20160602
<SEC-HEADER>0001477932-16-008918.hdr.sgml : 20160602
<ACCEPTANCE-DATETIME>20160302113248
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0001477932-16-008918
CONFORMED SUBMISSION TYPE:	CORRESP
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20160302

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			China Xiniya Fashion Ltd
		CENTRAL INDEX KEY:			0001499494
		STANDARD INDUSTRIAL CLASSIFICATION:	APPAREL & OTHER FINISHED PRODS OF FABRICS & SIMILAR MATERIAL [2300]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9

	FILING VALUES:
		FORM TYPE:		CORRESP

	BUSINESS ADDRESS:	
		STREET 1:		4TH FLOOR, 33 WANG HAI ROAD
		STREET 2:		XIAMEN SOFTWARE PARK PHASE II
		CITY:			XIAMEN, FUJIAN PROVINCE
		STATE:			F4
		ZIP:			361000
		BUSINESS PHONE:		86 1365 5939 932

	MAIL ADDRESS:	
		STREET 1:		4TH FLOOR, 33 WANG HAI ROAD
		STREET 2:		XIAMEN SOFTWARE PARK PHASE II
		CITY:			XIAMEN, FUJIAN PROVINCE
		STATE:			F4
		ZIP:			361000
</SEC-HEADER>
<DOCUMENT>
<TYPE>CORRESP
<SEQUENCE>1
<FILENAME>filename1.htm
<TEXT>
<html><head><title>xny_corresp.htm</title><!--Document Created by EDGARMaster--></head><BODY style="TEXT-ALIGN: justify; FONT: 10pt TIMES NEW ROMAN; MARGIN: 0px 7%" scroll="yes"><p style="MARGIN: 0px">&nbsp; </p><p style="MARGIN: 0px" align="center"><img src="img001.jpg"></p><p style="MARGIN: 0px" align="center">&nbsp;</p><p style="MARGIN: 0px" align="right"><font size="2">March </font><font size="2">2</font><font size="2">, 201</font><font size="2">6</font></p><p style="MARGIN: 0px" align="right">&nbsp;</p><p style="MARGIN: 0px"><b><u><font size="2">VIA EDGAR</font></u></b></p><p style="MARGIN: 0px"><b><u><font size="2">CONFIDENTIAL</font></u></b></p><p style="MARGIN: 0px">&nbsp;</p><p style="MARGIN: 0px"><font size="2">Mr. Rufus Decker, Accounting Branch Chief</font></p><p style="MARGIN: 0px"><font size="2">Ms. Linda Cvrkel</font></p><p style="MARGIN: 0px"><font size="2">Division of Corporation Finance</font></p><p style="MARGIN: 0px"><font size="2">U.S.</font><font size="2"> Securities and Exchange Commission</font></p><p style="MARGIN: 0px"><font size="2">100</font><font size="2"> F</font><font size="2"> Street, NE</font><font size="2"></font></p><p style="MARGIN: 0px"><font size="2">Washington</font><font size="2">, D.C. 20549</font></p><p style="MARGIN: 0px">&nbsp;</p><b><p style="MARGIN: 0px"><table style="TEXT-ALIGN: justify; FONT: 10pt times new roman" cellspacing="0" cellpadding="0" width="100%" border="0">    <tr><td valign="top" width="45"></td><td valign="top" width="45"><strong>Re: </strong></td><td><p style="MARGIN: 0px"><strong>China Xiniya Fashion Limited</strong></p></td></tr><tr height="15"><td valign="top" width="45"></td><td valign="top" width="45"></td><td valign="top"><strong>Form 20-F for Fiscal Year Ended December 31, 2014<br>Filed April 28, 2015</strong>&nbsp;   <p style="MARGIN: 0px"><b><font size="2">Response dated </font></b><b><font size="2">February 16</font></b><b><font size="2">, 201</font></b><b><font size="2">6</font></b><b><font size="2"><br>File No. 1-34958</font></b></p></td></tr></table></p><p style="MARGIN: 0px">&nbsp;</p></b><b></b><p style="MARGIN: 0px">Dear Mr. Decker and Ms. Cvrkel:</p><p style="MARGIN: 0px">&nbsp;</p><p style="MARGIN: 0px; TEXT-INDENT: 45px">China Xiniya Fashion Limited (the "Company") thanks the staff of the Securities and Exchange Commission (the "Staff") for its letter dated February 17, 2016 and its review of and comments on the Company's annual report on Form 20-F filed on April 28, 2015 (the "2014 Annual Report"). </p><p style="MARGIN: 0px; TEXT-INDENT: 45px">&nbsp;</p><p style="MARGIN: 0px; TEXT-INDENT: 45px">The Company's responses to the Staff's comments are set forth below. The headings and numbered paragraphs below correspond to the headings and numbered paragraphs of the Staff's comment letter, which have been retyped herein in bold for your ease of reference, and the page numbers referenced by the Company's responses relate to the 2014 Annual Report. Capitalized terms not otherwise defined in this letter have the same meanings assigned to them in the 2014 Annual Report.</p><b><p style="MARGIN: 0px">&nbsp;</p><p style="MARGIN: 0px"><b><u>Form 20-F for the Fiscal Year Ended December 31, 2014</u></b>&nbsp;</p><p style="MARGIN: 0px"><b><u>Consolidated Financial Statements</u></b>&nbsp;</p><p style="MARGIN: 0px"><b><u>Note 12. Inventories, page F-19</u></b><b><u></u></b></p><p style="MARGIN: 0px">&nbsp;</p><p style="MARGIN: 0px"><b><table style="TEXT-ALIGN: justify; FONT: 10pt times new roman" cellspacing="0" cellpadding="0" width="100%" border="0">    <tr><td valign="top" width="45"><strong>1. </strong></td><td valign="top"><p style="MARGIN: 0px"><strong>Your response to our prior comment numbers 1 and 2 indicates that you will make changes responsive to our comments in the financial statements that will be included in your annual report on Form 20-F for the year ended December 31, 2015. With regard to these planned changes, please address the following:</strong></p></td></tr></table></b>&nbsp;</p><p style="MARGIN: 0px"><font size="2"><font face="Symbol"><table id="3221fe00-bdac-4409-8346-08afb168ae6e" style="TEXT-ALIGN: justify; FONT: 10pt times new roman" cellspacing="0" cellpadding="0" width="100%" border="0">    <tr><td valign="top" width="45"></td><td valign="top" width="45"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Symbol">&#183;</font></td><td><p style="MARGIN: 0px"><strong>Please provide us with the proposed disclosures that you plan to include in your financial statements with respect to these changes. Also, please explain how your planned disclosures comply with the disclosure requirements outlined in paragraph 49 of IAS 8 with respect to the correction of an error.</strong></p></td></tr><tr><td><p style="MARGIN: 0px">&nbsp;</p></td><td><p style="MARGIN: 0px">&nbsp;</p></td><td><p style="MARGIN: 0px">&nbsp;</p></td></tr><tr><td><p style="MARGIN: 0px">&nbsp;</p></td><td valign="top"><p style="MARGIN: 0px" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Symbol">&#183;</font></p></td><td><p style="MARGIN: 0px"><b><font size="2">Please explain how these changes in your financial statements were considered in determining the effectiveness of your disclosure controls and procedures and your internal control over financial reporting as required by Item 15(a) and (b) of Form 20-F.&nbsp;</font></b>&nbsp;</p></td></tr></table></font></font>&nbsp;</p><p style="MARGIN: 0px"><table id="pagebreak758f32ea-6ead-4c9e-86a7-e676d7d98df2" class="pagebreak" style="WIDTH: 100%; FONT: 10pt TIMES NEW ROMAN" cellspacing="0" cellpadding="0" border="0">    <tr><td class="hpbhr">&nbsp;</td></tr><tr><td style="BORDER-BOTTOM: black 1px solid">&nbsp;</td></tr><tr></tr><tr><td><div style="WIDTH: 100%; PAGE-BREAK-AFTER: always; LINE-HEIGHT: 0px"></div></td></tr><tr><td>&nbsp;</td></tr></table></p><p style="MARGIN: 0px">&nbsp;</b><p><p style="MARGIN: 0px"><table style="TEXT-ALIGN: justify; FONT: 10pt TIMES NEW ROMAN; MARGIN: auto" cellspacing="0" cellpadding="0" width="100%" border="0">    <tr height="15"><td valign="top" width="50%"></td><td valign="top" width="29%"><p style="MARGIN: 0px" align="right"><font size="2">March </font><font size="2"></font><font size="2">2</font><font size="2">, 201</font><font size="2">6</font></p></td></tr><tr height="15"><td valign="top" width="50%"><p style="MARGIN: 0px">Page 2</p></td><td valign="top" width="29%"></td></tr></table><p style="MARGIN: 0px">&nbsp;</p><p style="MARGIN: 0px"><font size="2">The Company respectfully advises the Staff that the </font><font size="2">disclosure the Company plans to include in its Notes to the 2015 year-end consolidated financial statements with regard to the respective changes are</font><font size="2"> as follows</font><font size="2">, and are in consideration of IAS 8, paragraph 49</font><font size="2">:</font></p><p style="MARGIN: 0px">&nbsp;</p><p style="MARGIN: 0px"><i><font size="2">Revision of prior period financial statements</font></i></p><p style="MARGIN: 0px">&nbsp;</p><p style="MARGIN: 0px"><font size="2">In 2014, the Company observed that the slowdown in China's economy resulted in a slowdown in demand in menswear and, in turn, led to oversupply in the menswear market and excess inventory across the retail network of many menswear companies. In response, in 2014, the Company initiated, at its own discretion and without any prior obligation to do so, an inventory buyback program. The Company presented a loss on inventory buyback of RMB274,266 as a separate line item in the 2014 consolidated statement of comprehensive loss in arriving at gross profit (loss). The RMB 274,266 consisted of a RMB138,066 write-down of repurchased inventory to net realizable value and a RMB136,200 provision for constructive obligation. This amount also included sales of repurchased inventory through a local distribution channel for net realizable value of RMB68,499.</font></p><p style="MARGIN: 0px">&nbsp;</p><p style="MARGIN: 0px"><font size="2">In reassessing its 2014 presentation of the loss on inventory buyback and the components within this line item, the Company made a determination that the components of the transaction which resulted in this loss on inventory buyback amount of RMB274,266 should be revised to reclassify and reallocate this amount between the revenue and cost of sales line items, thereby eliminating the loss on inventory buyback line item. </font></p><p style="MARGIN: 0px">&nbsp;</p><p style="MARGIN: 0px"><font size="2">The Company evaluated the materiality of this revision, quantitatively and qualitatively, and concluded it did not constitute a material change to the Company's previously issued financial statements for the year ended December 31, 2014. However, the Company elected to revise these 2014 financial statements to avoid inconsistencies with its financial statements for the year ended December 31, 2015. Accordingly, the Company revised previously reported results for the year ended December 31, 2014.</font><font size="2"></font><font size="2">The effects of this revision on the Company's consolidated statement of comprehensive loss for the year ended December 31, 2014 was as follows:</font></p><p style="MARGIN: 0px"><em></em>&nbsp;</p><p style="MARGIN: 0px"><table id="577f6145-adc4-427d-94d5-5add4fc955fe" style="WIDTH: 100%; TEXT-ALIGN: justify; FONT: 10pt TIMES NEW ROMAN; MARGIN: auto" cellspacing="0" cellpadding="0" width="100%" border="0">    <tr><td valign="bottom">&nbsp;</td><td valign="bottom"><p style="MARGIN: 0px"><em>&nbsp;</em></p></td><td id="hdcell" style="BORDER-BOTTOM: black 1px solid" valign="bottom" colspan="2" align="center"><p style="MARGIN: 0px" align="center"><strong>As Previously Reported</strong></p></td><td style="PADDING-BOTTOM: 1px" valign="bottom"><p style="MARGIN: 0px"><strong>&nbsp;</strong></p></td><td valign="bottom"><p style="MARGIN: 0px"><strong>&nbsp;</strong></p></td><td id="hdcell" style="BORDER-BOTTOM: black 1px solid" valign="bottom" colspan="2" align="center"><p style="MARGIN: 0px" align="center"><strong>Adjustments</strong></p></td><td style="PADDING-BOTTOM: 1px" valign="bottom"><p style="MARGIN: 0px"><strong>&nbsp;</strong></p></td><td valign="bottom"><p style="MARGIN: 0px"><strong>&nbsp;</strong></p></td><td id="hdcell" style="BORDER-BOTTOM: black 1px solid" valign="bottom" colspan="2" align="center"><p style="MARGIN: 0px" align="center"><strong>As Revised</strong></p></td><td style="PADDING-BOTTOM: 1px" valign="bottom"><p style="MARGIN: 0px"><strong>&nbsp;</strong></p></td></tr><tr><td valign="bottom"><strong>&nbsp;</strong></td><td valign="bottom"><p style="MARGIN: 0px"><strong>&nbsp;</strong></p></td><td id="hdcell" valign="bottom" colspan="2" align="center"><p style="MARGIN: 0px" align="center"><strong>2014</strong></p></td><td valign="bottom"><p style="MARGIN: 0px"><strong>&nbsp;</strong></p></td><td valign="bottom"><p style="MARGIN: 0px"><strong>&nbsp;</strong></p></td><td id="hdcell" valign="bottom" colspan="2" align="center"><p style="MARGIN: 0px"><strong>&nbsp;</strong></p></td><td valign="bottom"><p style="MARGIN: 0px"><strong>&nbsp;</strong></p></td><td valign="bottom"><p style="MARGIN: 0px"><strong>&nbsp;</strong></p></td><td id="hdcell" valign="bottom" colspan="2" align="center"><p style="MARGIN: 0px" align="center"><strong>2014</strong></p></td><td valign="bottom"><p style="MARGIN: 0px"><strong>&nbsp;</strong></p></td></tr><tr><td valign="bottom"><strong>&nbsp;</strong></td><td valign="bottom"><p style="MARGIN: 0px"><strong>&nbsp;</strong></p></td><td id="hdcell" valign="bottom" colspan="2" align="center"><p style="MARGIN: 0px" align="center"><strong>RMB</strong></p></td><td valign="bottom"><p style="MARGIN: 0px"><strong>&nbsp;</strong></p></td><td valign="bottom"><p style="MARGIN: 0px"><strong>&nbsp;</strong></p></td><td id="hdcell" valign="bottom" colspan="2" align="center"><p style="MARGIN: 0px"><strong>&nbsp;</strong></p></td><td valign="bottom"><p style="MARGIN: 0px"><strong>&nbsp;</strong></p></td><td valign="bottom"><p style="MARGIN: 0px"><strong>&nbsp;</strong></p></td><td id="hdcell" valign="bottom" colspan="2" align="center"><p style="MARGIN: 0px" align="center"><strong>RMB</strong></p></td><td valign="bottom"><p style="MARGIN: 0px"><strong>&nbsp;</strong></p></td></tr><tr><td valign="bottom"><strong>&nbsp;</strong></td><td valign="bottom"><p style="MARGIN: 0px"><strong>&nbsp;</strong></p></td><td id="hdcell" style="BORDER-BOTTOM: black 1px solid" valign="bottom" width="9%" colspan="10" align="center"><p style="MARGIN: 0px"><strong>Expressed in Thousands</strong></p></td><td valign="bottom"><p style="MARGIN: 0px"><em>&nbsp;</em></p></td></tr><tr><td><em>&nbsp;</em></td><td valign="bottom" width="1%"><p style="MARGIN: 0px"><em>&nbsp;</em></p></td><td id="ffcell" valign="bottom" width="9%" colspan="2" align="right"><p style="MARGIN: 0px"><em>&nbsp;</em></p></td><td valign="bottom" width="1%"><p style="MARGIN: 0px"><em>&nbsp;</em></p></td><td valign="bottom" width="1%"><p style="MARGIN: 0px"><em>&nbsp;</em></p></td><td id="ffcell" valign="bottom" width="9%" colspan="2" align="right"><p style="MARGIN: 0px"><em>&nbsp;</em></p></td><td valign="bottom" width="1%"><p style="MARGIN: 0px"><em>&nbsp;</em></p></td><td valign="bottom" width="1%"><p style="MARGIN: 0px"><em>&nbsp;</em></p></td><td id="ffcell" valign="bottom" width="9%" colspan="2" align="right"><p style="MARGIN: 0px"><em>&nbsp;</em></p></td><td valign="bottom" width="1%"><p style="MARGIN: 0px"><em>&nbsp;</em></p></td></tr><tr bgcolor="#cceeff"><td valign="top"><p style="MARGIN: 0px"><em>Revenue</em></p></td><td valign="bottom" width="1%"><p style="MARGIN: 0px"><em>&nbsp;</em></p></td><td valign="bottom" width="1%"><p style="MARGIN: 0px"><em>&nbsp;</em></p></td><td id="ffcell" valign="bottom" width="9%" align="right">813,084</td><td valign="bottom" width="1%"><p style="MARGIN: 0px">&nbsp;</p></td><td valign="bottom" width="1%"><p style="MARGIN: 0px">&nbsp;</p></td><td valign="bottom" width="1%"><p style="MARGIN: 0px">&nbsp;</p></td><td id="ffcell" valign="bottom" width="9%" align="right">(180,501</td><td valign="bottom" width="1%">)</td><td valign="bottom" width="1%"><p style="MARGIN: 0px">&nbsp;</p></td><td valign="bottom" width="1%"><p style="MARGIN: 0px">&nbsp;</p></td><td id="ffcell" valign="bottom" width="9%" align="right">632,583</td><td valign="bottom" width="1%"><p style="MARGIN: 0px">&nbsp;</p></td></tr><tr bgcolor="#ffffff"><td valign="top"><p style="MARGIN: 0px">Cost of sales</p></td><td valign="bottom" width="1%"><p style="MARGIN: 0px">&nbsp;</p></td><td valign="bottom" width="1%"><p style="MARGIN: 0px">&nbsp;</p></td><td id="ffcell" valign="bottom" width="9%" align="right">(590,189</td><td valign="bottom" width="1%">)</td><td valign="bottom" width="1%"><p style="MARGIN: 0px">&nbsp;</p></td><td valign="bottom" width="1%"><p style="MARGIN: 0px">&nbsp;</p></td><td id="ffcell" valign="bottom" width="9%" align="right">(93,765</td><td valign="bottom" width="1%">)</td><td valign="bottom" width="1%"><p style="MARGIN: 0px">&nbsp;</p></td><td valign="bottom" width="1%"><p style="MARGIN: 0px">&nbsp;</p></td><td id="ffcell" valign="bottom" width="9%" align="right">(683,954</td><td valign="bottom" width="1%">)</td></tr><tr bgcolor="#cceeff"><td valign="top"><p style="MARGIN: 0px">Loss on inventory buyback</p></td><td valign="bottom" width="1%"><p style="MARGIN: 0px">&nbsp;</p></td><td style="BORDER-BOTTOM: black 1px solid" valign="bottom" width="1%"><p style="MARGIN: 0px">&nbsp;</p></td><td id="ffcell" style="BORDER-BOTTOM: black 1px solid" valign="bottom" width="9%" align="right">(274,266</td><td style="PADDING-BOTTOM: 1px" valign="bottom" width="1%">)</td><td valign="bottom" width="1%"><p style="MARGIN: 0px">&nbsp;</p></td><td style="BORDER-BOTTOM: black 1px solid" valign="bottom" width="1%"><p style="MARGIN: 0px">&nbsp;</p></td><td id="ffcell" style="BORDER-BOTTOM: black 1px solid" valign="bottom" width="9%" align="right">274,266</td><td style="PADDING-BOTTOM: 1px" valign="bottom" width="1%"><p style="MARGIN: 0px">&nbsp;</p></td><td valign="bottom" width="1%"><p style="MARGIN: 0px">&nbsp;</p></td><td style="BORDER-BOTTOM: black 1px solid" valign="bottom" width="1%"><p style="MARGIN: 0px">&nbsp;</p></td><td id="ffcell" style="BORDER-BOTTOM: black 1px solid" valign="bottom" width="9%" align="right">&#8212;</td><td style="PADDING-BOTTOM: 1px" valign="bottom" width="1%"><p style="MARGIN: 0px">&nbsp;</p></td></tr><tr bgcolor="#ffffff"><td valign="top"><p style="MARGIN: 0px">Gross loss</p></td><td valign="bottom" width="1%"><p style="MARGIN: 0px">&nbsp;</p></td><td style="BORDER-BOTTOM: black 3px double" valign="bottom" width="1%"><p style="MARGIN: 0px">&nbsp;</p></td><td id="ffcell" style="BORDER-BOTTOM: black 3px double" valign="bottom" width="9%" align="right">(51,371</td><td style="PADDING-BOTTOM: 3px" valign="bottom" width="1%">)</td><td valign="bottom" width="1%"><p style="MARGIN: 0px">&nbsp;</p></td><td style="BORDER-BOTTOM: black 3px double" valign="bottom" width="1%"><p style="MARGIN: 0px">&nbsp;</p></td><td id="ffcell" style="BORDER-BOTTOM: black 3px double" valign="bottom" width="9%" align="right">&#8212;</td><td style="PADDING-BOTTOM: 3px" valign="bottom" width="1%"><p style="MARGIN: 0px">&nbsp;</p></td><td valign="bottom" width="1%"><p style="MARGIN: 0px">&nbsp;</p></td><td style="BORDER-BOTTOM: black 3px double" valign="bottom" width="1%"><p style="MARGIN: 0px">&nbsp;</p></td><td id="ffcell" style="BORDER-BOTTOM: black 3px double" valign="bottom" width="9%" align="right">(51,371</td><td style="PADDING-BOTTOM: 3px" valign="bottom" width="1%">)</td></tr></table><p style="MARGIN: 0px">&nbsp;</p><p style="MARGIN: 0px">This revision did not have any effect on 2014 net loss or net loss per share, or the Company's 2014 statements of financial position, changes in equity, or cash flows.</p><p style="MARGIN: 0px">&nbsp;</p><p style="MARGIN: 0px"><table id="pagebreak0ec92e20-b502-41d0-89f1-974cffdb3602" class="pagebreak" style="WIDTH: 100%; FONT: 10pt TIMES NEW ROMAN" cellspacing="0" cellpadding="0" border="0">    <tr><td class="hpbhr">&nbsp;</td></tr><tr><td style="BORDER-BOTTOM: black 1px solid">&nbsp;</td></tr><tr></tr><tr><td><div style="WIDTH: 100%; PAGE-BREAK-AFTER: always; LINE-HEIGHT: 0px"></div></td></tr><tr><td>&nbsp;</td></tr></table></p><p style="MARGIN: 0px">&nbsp;</p><p style="MARGIN: 0px"><table style="TEXT-ALIGN: justify; FONT: 10pt TIMES NEW ROMAN; MARGIN: auto" cellspacing="0" cellpadding="0" width="100%" border="0">    <tr height="15"><td valign="top" width="50%"></td><td valign="top" width="29%"><p style="MARGIN: 0px" align="right"><font size="2">March </font><font size="2"></font><font size="2">2</font><font size="2">, 201</font><font size="2">6</font></p></td></tr><tr height="15"><td valign="top" width="50%"><p style="MARGIN: 0px">Page&nbsp;3</p></td><td valign="top" width="29%"></td></tr></table><p style="MARGIN: 0px">&nbsp;</p><p style="MARGIN: 0px"><font size="2">In assessing the effectiveness of the Company's disclosure controls and procedures and the Company's internal control over financial reporting (</font><font size="2">"</font><font size="2">ICFR</font><font size="2">"</font><font size="2">), the Company </font><font size="2"></font><font size="2">assessed the materiality of the revision described above in accordance with Staff Accounting Bulletin No. 99, Materiality. In particular, the Company considered that the revision did not result in any change in the gross profit (loss) of the Company. The Company also considered and concluded that this revision was not the result of previously unknown facts or circumstances, but rather a revision from what management had determined was a presentation that provided additional </font><font size="2"></font><font size="2">transparency </font><font size="2"></font><font size="2">through the separate line-item presentation of the loss on inventory buyback in arriving at gross profit (loss)</font><font size="2">. </font><font size="2"></font><font size="2">The Company does not believe this revision results in an assessment of 'not effective' regarding its disclosure controls and procedures and ICFR.</font><font size="2"></font></p><p style="MARGIN: 0px">&nbsp;</p><p style="MARGIN: 0px" align="center"><font size="2">*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *</font></p><p style="MARGIN: 0px">&nbsp;</p><p style="MARGIN: 0px; TEXT-INDENT: 45px"><font size="2">If you have any questions regarding this submission, please contact our compliance counsel, Mr. Alan Seem of Shearman &amp; Sterling LLP, at +1-650-838-3753 or aseem@shearman.com or contact me </font><font size="2"></font><font size="2">at ngcheejiong@xiniya.com. </font></p><p style="MARGIN: 0px">&nbsp;</p><p style="MARGIN: 0px">&nbsp;</p><p style="MARGIN: 0px"><table id="7f3669c4-09f8-4821-82db-a5cf91ff6663" style="WIDTH: 100%; TEXT-ALIGN: left; FONT: 10pt TIMES NEW ROMAN" cellspacing="0" cellpadding="0" border="0">    <tr><td><p style="MARGIN: 0px">&nbsp;</p></td><td colspan="2"><p style="MARGIN: 0px">Very truly yours, &nbsp;</p></td><td><p style="MARGIN: 0px">&nbsp;</p></td></tr><tr><td width="47%">&nbsp;</td><td width="3%">&nbsp;</td><td width="30%">&nbsp;</td><td width="15%">&nbsp;</td></tr><tr><td><font style="FONT: 10pt TIMES NEW ROMAN"></font></td><td><font style="FONT: 10pt TIMES NEW ROMAN">By</font></td><td style="BORDER-BOTTOM: black 1px solid"><em>/s/ Chee Jiong Ng</em></td><td><p style="MARGIN: 0px">&nbsp;</p></td></tr><tr><td><p style="MARGIN: 0px">&nbsp;</p></td><td><p style="MARGIN: 0px">&nbsp;</p></td><td><font style="FONT: 10pt TIMES NEW ROMAN">Chee Jiong Ng</font></td><td><p style="MARGIN: 0px">&nbsp;</p></td></tr><tr><td><p style="MARGIN: 0px">&nbsp;</p></td><td><p style="MARGIN: 0px">&nbsp;</p></td><td><p style="MARGIN: 0px"><font size="2">Chief Financial Officer</font></p></td><td><p style="MARGIN: 0px">&nbsp;</p></td></tr><tr><td><p style="MARGIN: 0px">&nbsp;</p></td><td><p style="MARGIN: 0px">&nbsp;</p></td><td><p style="MARGIN: 0px">&nbsp;</p></td><td><p style="MARGIN: 0px">&nbsp;</p></td></tr></table></p><p style="MARGIN: 0px">&nbsp;</p><p style="MARGIN: 0px">Enclosures</p><p style="MARGIN: 0px">&nbsp;</p><p style="MARGIN: 0px"><font size="2"><table style="TEXT-ALIGN: justify; FONT: 10pt times new roman" cellspacing="0" cellpadding="0" width="100%" border="0">    <tr><td valign="top" width="45">cc: </td><td valign="top"><p style="MARGIN: 0px">Qiming Xu, Chairman and Chief Executive Officer, China Xiniya Fashion Limited</p></td></tr><tr height="15"><td valign="top"></td><td valign="top"><p style="MARGIN: 0px"><font size="2">Alan Seem, Shearman &amp; Sterling LLP</font></p></td></tr></table></font>&nbsp;</p><p style="MARGIN: 0px">&nbsp;</p><p style="MARGIN: 0px">&nbsp;</p><hr style="COLOR: #000000" noshade=""></BODY></html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>img001.jpg
<TEXT>
begin 644 img001.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  (! 0(! 0(" @(" @(" P4# P,#
M P8$! ,%!P8'!P<&!P<("0L)" @*" <'"@T*"@L,# P,!PD.#PT,#@L,# S_
MVP!# 0(" @,# P8# P8," <(# P,# P,# P,# P,# P,# P,# P,# P,# P,
M# P,# P,# P,# P,# P,# P,# P,# S_P  1"  _ JX# 2(  A$! Q$!_\0
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MV>?V1+V'P%=Q6OQ1^).K6/P_\#,[!?+UG5)A!%<#*N#]GB\^Y(VL,6S9XR0
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MUAKUM=^#]9BNO"C"6*$/JL#6@DTZ%I)XD26Z$:.S$*S%'"_744RW$2NC*Z.
MRLIR&!Y!!H =1110 V2/S!U(^E?DK_P</)^TO^Q!\-(/CK\%_C/\3)?!EAKH
M/C?PS+=63Q:;:7$B""6R;[+OAMU<F!PS2,IF@8#"N:_6RL7XC^$-#^(7P\U[
M0/$]E9:EX:UW3KC3M7L[P?Z-=V<T;1SQRYXV-&S!L]B: /AOXE?MQ^&/$/\
MP1K\#?$7P'XZ^*WB/4_B$ECIG@5K74[.'Q;XF\17$[K#HT\WDF .MQ'+%<LB
M82*UG92VT$^W?LO_ +&?COX=? .?1OB!\>_BIXU\<>(]"@L=8UH7ME'#I-\
M?.GTM/LB^5\[D*95?*HA(W9)_$/_ ((Q>-_ O[ 7_!8KP]X,\3W/B?5_@QXS
MN=<E^ GB373LMA-?7?\ 9T>IQQX W7L5@;03[4+!T?8D<^1_24KYEQZ8_G0!
M^2?_  0[^+WQ9_:L_;Y_:KT'QY\;OBCKV@?LZ>/$T7PYILEW91P:C:F[UBW*
M7^RV#3_+90'*F/Y@3T)%>=?\%O/'O[5O[)?[17C.^^ WQR^(=WH?@/P19?$[
M7] U9+._5;2YUB_MY_LX6V&+>V6* F)\_N/-8O\ N\/V7_!MK_RDD_X*4?\
M94H__3GXBK[#73+?6_\ @NEXKLKRVM[RTN_V?-,AG@GC$D<T;>(=25D92"&5
M@2"#P1UH WOV+OVK] _X+#_\$]] \;^%?$?B+P++XGABAU67P[>Q1:KX;U*V
MEC:ZM$DDCD4 LF 6CR\$ZL N\$?#/A;Q)\7M7_X($:I^TU-^T;\<#\1[/PKJ
MFMQQ#4--&F&XM[ZXACS#]BSLVQKE=_//2O'OV2M7F_X-Q?\ @MKJ/P4UJZNK
M7]F?]H::.[\+ZC?2N\&F7#,4MF9SD*\,Q:SF+$$Q/;S2$ +7N'@Z![7_ (-!
M/$<<@(DC\ :^K@CD$:K=@T >W_\ !%GPUX]_;%_X)?>$/B1XZ^.?QCO_ !5\
M4-)F6\N(=1L85TA[?5)D66R46G[IVC@5&W[PRL_&3D?,W[+_ .T?\9_V5_\
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M=366D+$<+I EN&BCM'8I"TID20YE\S]&$MOB#(Q U'P9D=?^)==?_'Z<=/\
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MQ=^,'@SX7^/_ ![^TY<> ?A[HUSJW]H>'](BO$EG\(:2^U([;4[Y2MO+/YA
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M_%D5_9? ?X*2BX^.'Q'LV":@J^;;_#K2'W13>(+T#A0GSK;1N0;B=0JAA'(
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MST.4/!.,'FN9_P"%3:__ -%+\<=>]KHW_P @4 =O17$?\*FU_P#Z*7XW_P#
M71O_ )7T?\*FU_\ Z*7XW_\  71O_E?0!V]%<1_PJ;7_ /HI?C?_ ,!=&_\
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M_@+HW_ROH_X5-K__ $4OQO\ ^ NC?_*^@#N9)=ZXQ3:XC_A4VO\ _12_&_\
MX"Z-_P#*^C_A4VO_ /12_&__ ("Z-_\ *^@#MZ*XC_A4VO\ _12_&_\ X"Z-
M_P#*^C_A4VO_ /12_&__ ("Z-_\ *^@#MZ*XC_A4VO\ _12_&_\ X"Z-_P#*
M^C_A4VO_ /12_&__ ("Z-_\ *^@#MZ*XC_A4VO\ _12_&_\ X"Z-_P#*^C_A
M4VO_ /12_&__ ("Z-_\ *^@#MZ*XC_A4VO\ _12_&_\ X"Z-_P#*^C_A4VO_
M /12_&__ ("Z-_\ *^@#MZ*XC_A4VO\ _12_&_\ X"Z-_P#*^C_A4VO_ /12
M_&__ ("Z-_\ *^@#MZ*XC_A4VO\ _12_&_\ X"Z-_P#*^C_A4VO_ /12_&__
M ("Z-_\ *^@#MZ*XC_A4VO\ _12_&_\ X"Z-_P#*^C_A4VO_ /12_&__ ("Z
M-_\ *^@#MZ*XC_A4VO\ _12_&_\ X"Z-_P#*^C_A4VO_ /12_&__ ("Z-_\
M*^@#MZ*XC_A4VO\ _12_&_\ X"Z-_P#*^C_A4VO_ /12_&__ ("Z-_\ *^@#
MMZ*XC_A4VO\ _12_&_\ X"Z-_P#*^C_A4VO_ /12_&__ ("Z-_\ *^@#MZ*X
MC_A4VO\ _12_&_\ X"Z-_P#*^C_A4VO_ /12_&__ ("Z-_\ *^@#MZ*XC_A4
MVO\ _12_&_\ X"Z-_P#*^C_A4VO_ /12_&__ ("Z-_\ *^@#MZ*XC_A4VO\
M_12_&_\ X"Z-_P#*^C_A4VO_ /12_&__ ("Z-_\ *^@#MZ*XC_A4VO\ _12_
M&_\ X"Z-_P#*^C_A4VO_ /12_&__ ("Z-_\ *^@#MZ*XC_A4VO\ _12_&_\
MX"Z-_P#*^C_A4VO_ /12_&__ ("Z-_\ *^@#MZ3=M=?K7$_\*FU__HI?C?\
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G^&=/NM#T."UNM0O=7GA!#7=XL*SS9).6$*1QY&<?*@& .IR2 ?_9

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
