2025 Interim Results Agenda 01 Results Highlights 02 Financial Review 03 Business and Operational Review 04 Outlook and Strategy 05 Open Forum 01 Results Highlights 3 Results Highlights 4 Results Highlights 23.4 20.2 18 16 2024H1 2025H1 Earnings per share (basic RMB cents) Dividend per share (HKD cents) Earnings per share (basic) and Dividend per share 71.7 75.1 2024H1 2025H1 Accumulated dividends (HKD 100mn) and Dividend payout ratio 18 16 12 2024 2025H1 Interim Final Dividends per share 30 71.9% 72.4% Rev ...

Core Insights - The Chinese consumer market is showing a trend towards rationality and value, with consumers being more cautious in their non-essential spending, which has positively impacted Lilang's performance [1][3] - Lilang's total revenue for the first half of 2025 reached 1.73 billion yuan, marking a year-on-year growth of 7.9%, demonstrating the brand's resilience and adaptability in a complex market environment [1] Brand Strategy - Lilang has positioned "simplicity" as its core brand strategy, responding to market changes and focusing on modern men's needs for simplicity, efficiency, and quality [3][5] - The brand is actively engaging with consumers through various interactions, further embedding its philosophy into its operations [3] Multi-Brand and International Expansion - Lilang is advancing its multi-brand strategy and international expansion, with the opening of its first overseas store in Malaysia in 2025, marking a significant step in its global strategy [5] - The main brand continues to deepen its presence in the domestic market while exploring international opportunities [5] Youth-Oriented Growth - The Lilang LESS IS MORE series, targeting young consumers aged 20-35, generated 536 million yuan in revenue in the first half of 2025, reflecting a year-on-year growth of 31.8% and becoming a key growth driver [6] - The brand's collaboration with young actor Xu Kai has enhanced its appeal to younger demographics through social media channels [6] High-End Brand Performance - The high-end golf brand MUNSINGWEAR has successfully catered to the new middle-class demand for high-quality, functional, and luxury experiences, showing significant online sales growth [8] - Lilang emphasizes sincere communication with consumers, aligning product design with contemporary aesthetic trends and effective digital marketing strategies [8] Product Innovation - Lilang is focusing on product innovation to meet user needs and enhance experience, applying functional technology to core product lines [9][10] - The company has introduced advanced materials and technologies, such as water-repellent down and durable wash-resistant fabrics, to improve product functionality [10] Sustainable Practices - Lilang has made significant strides in ESG (Environmental, Social, and Governance) practices, achieving a two-level upgrade in its MSCI ESG rating to BB, marking its best historical performance [13] - The company has implemented innovative processes to reduce water and carbon emissions in its production, enhancing its brand reputation and consumer trust [15] Future Outlook - Lilang aims to consolidate its leadership in the domestic menswear industry through flexible market strategies and continuous innovation, creating greater value for shareholders, employees, and customers [15]

本文源自：财华网 【财华社讯】中国利郎(01234.HK)公布，截至2025年6月30日止六个月，收入约17.27亿元(人民币,下 同)，同比增加7.9%；权益股东应占利润2.43亿元，同比减少13.4%；每股基本盈利20.2分。拟派中期息 11港仙及特別中期股息5港仙。 ...

公告指出，主系列取得收入为11.91亿元，同比减少0.2%，主要由于集团因应渠道转型，在山东省及重 庆市收回分销商经营权令分销业务销售收入下跌、向原分销商回购库存费用从销售收入扣减，以为终止 合作支付的补偿金所致。轻商务及其他系列增长势头持续，取得收入5.37亿元，同比增长31.8%，增长 由轻商务在门店销售和新零售的带动。 本文源自智通财经网 智通财经获悉，中国利郎(01234)午后跌近5%，截至发稿，跌4.9%，报3.69港元，成交额449.9万港元。 消息面上，中国利郎午间发布截至2025年6月30日止六个月中期业绩，收入17.27亿元(人民币，下同)， 同比增加7.9%；权益股东应占利润2.43亿元，同比减少13.4%；每股基本盈利20.2分；拟派发中期股息 每股11港仙及特别中期股息每股5港仙，上年同期派18港仙。 ...

主系列收入为11.906亿元，同比减少0.2%，主要原因是渠道转型导致分销业务销售收入下跌以及库存回 购费用扣减。轻商务及其他系列收入为5.366亿元，同比增长31.8%，主要受门店销售和新零售的带动。 公司继续推进向DTC（直面消费者）模式转型，并在山东和重庆收回了一级分销商的经营权。通过开设 购物中心店和奥特莱斯店，并关闭低效门店，优化销售渠道。截至6月底，共有2774家门店，净增1家。 新零售业务保持良好发展势头，线上销售额同比增长24.6%，表现优于整体业绩。 （文章来源：证券时报网） 中国利郎公布，上半年收益为17.272亿元，同比增长7.9%；纯利为2.425亿元，同比下降13.4%。 ...

Core Viewpoint - China Lilang (01234) experienced a nearly 5% decline in stock price, reporting a drop of 4.9% to HKD 3.69, with a trading volume of HKD 4.499 million [1] Financial Performance - For the six months ending June 30, 2025, the company reported revenue of RMB 1.727 billion, an increase of 7.9% year-on-year [1] - Profit attributable to equity shareholders was RMB 243 million, a decrease of 13.4% year-on-year [1] - Basic earnings per share were 20.2 cents [1] - The company proposed an interim dividend of HKD 0.11 per share and a special interim dividend of HKD 0.05 per share, compared to HKD 0.18 per share in the same period last year [1] Revenue Breakdown - The main series generated revenue of RMB 1.191 billion, a slight decrease of 0.2% year-on-year, primarily due to channel transformation efforts, including the recovery of distributor rights in Shandong and Chongqing, leading to a decline in sales revenue from distribution business [1] - The light business and other series continued to show growth, achieving revenue of RMB 537 million, a significant increase of 31.8% year-on-year, driven by sales in stores and new retail initiatives [1]

公告指出，主系列取得收入为11.91亿元，同比减少0.2%，主要由于集团因应渠道转型，在山东省及重 庆市收回分销商经营权令分销业务销售收入下跌、向原分销商回购库存费用从销售收入扣减，以为终止 合作支付的补偿金所致。轻商务及其他系列增长势头持续，取得收入5.37亿元，同比增长31.8%，增长 由轻商务在门店销售和新零售的带动。 消息面上，中国利郎午间发布截至2025年6月30日止六个月中期业绩，收入17.27亿元(人民币，下同)， 同比增加7.9%；权益股东应占利润2.43亿元，同比减少13.4%；每股基本盈利20.2分；拟派发中期股息 每股11港仙及特别中期股息每股5港仙，上年同期派18港仙。 中国利郎(01234)午后跌近5%，截至发稿，跌4.9%，报3.69港元，成交额449.9万港元。 ...

Core Viewpoint - China Lilang (01234.HK) reported a mid-year performance with a revenue of RMB 1.727 billion, reflecting a year-on-year growth of 7.9%, while the profit attributable to equity shareholders decreased by 13.4% to RMB 242.5 million [1] Group 1: Financial Performance - The total revenue for the group increased by 7.9% year-on-year [1] - The main series recorded a revenue of RMB 1.1906 billion, a slight decrease of 0.2% due to channel transformation and inventory buyback costs [1] - The light business and other series showed strong growth, achieving a revenue of RMB 536.6 million, up 31.8% year-on-year [1] - Basic earnings per share were RMB 0.202, with an interim dividend of HKD 0.11 and a special interim dividend of HKD 0.05 declared [1] Group 2: Sales and Distribution Strategy - The company continues to optimize sales channels by opening stores in prime locations and closing underperforming ones, resulting in a total of 2,774 stores as of June 30, 2025, with a net increase of 1 store [2] - The new retail business is performing well, with online retail sales increasing by 24.6% year-on-year, outperforming the overall sales growth [2] - The company has made progress in its multi-brand and international development, opening its first overseas store in Malaysia and launching online sales for its golf apparel brand Munsingwear [2]

公告称，主系列取得收入为11.91亿元，同比减少0.2%，此乃由于集团因应渠道转型，在山东省及重庆 市收回分销商经营权令分销业务销售收入下跌、向原分销商回购库存费用从销售收入扣减，以为终止合 作支付的补偿金所致。轻商务及其他系列增长势头持续，取得收入5.37亿元，同比增长31.8%，增长由 轻商务在门店销售和新零售的带动。 中国利郎(01234)发布截至2025年6月30日止六个月中期业绩，收入17.27亿元(人民币，下同)，同比增加 7.9%;权益股东应占利润2.43亿元，同比减少13.4%;每股基本盈利20.2分;拟派发中期股息每股11港仙及特 别中期股息每股5港仙。 ...

Core Viewpoint - China Lilang (01234) reported a mid-term performance for the six months ending June 30, 2025, showing a revenue of 1.727 billion RMB, a year-on-year increase of 7.9%, but a decrease in profit attributable to equity shareholders of 243 million RMB, down 13.4% [1] Revenue Breakdown - The main series generated revenue of 1.191 billion RMB, a slight decrease of 0.2% year-on-year, attributed to the company's channel transformation and the recovery of distributor operating rights in Shandong and Chongqing, leading to a decline in distribution sales revenue [1] - The light business and other series continued to show growth, achieving revenue of 537 million RMB, a significant year-on-year increase of 31.8%, driven by sales in stores and new retail initiatives [1] Dividend Announcement - The company proposed an interim dividend of 0.11 HKD per share and a special interim dividend of 0.05 HKD per share [1]