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Eason Technology Ltd Director's Dealing 2016

May 24, 2016

35394_dirs_2016-05-24_364a9352-6807-443b-8eee-1be5bc8dcdd9.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: China Xiniya Fashion Ltd (XNY)
CIK: 0001499494
Period of Report: 2016-05-23

Reporting Person: SHAH CAPITAL MANAGEMENT (10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-05-23 China Xiniya Fashion Ltd P 74200 $1.0998 Acquired 2355700 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
China Xiniya Fashion Ltd 272222 Indirect
China Xiniya Fashion Ltd 37743 Direct

Footnotes

F1: Represents shares of common stock deemed to be owned beneficially by Shah Capital Management (SCM) solely as a result of its discretionary power over such shares as investment adviser to its separately managed account clients

F2: Represents shares of common stock owned by Shah Capital Opportunity Fund LP (the Fund) which could be deemed to be owned beneficially by SCM solely as a result of its discretionary power over such shares as investment adviser to the Fund, and Shah Capital LLC, as general partner to the Fund.

F3: Represents shares held by Himanshu H. Shah. Mr. Shah is the President of SCM and the Managing Member of Shah Capital LLC and holds a controlling percentage of the outstanding voting securities of both entities. As a result of his position with and ownership of these entities he could be deemed the beneficiary of the shares beneficially owned by Shah Capital LLC on behalf of the Fund, and SCM for other separate account clients and those held by the Fund. Mr. Shah disclaims beneficial ownership of shares beneficially owned by SCM, Shah Capital LLC and the Fund except to the extent of his pecuniary interest in such shares.