鲁泰纺织股份有限公司 章 程 二零二六年二月十一日 目 录 第一章 总则 第二章 经营宗旨和范围 第三章 股份 第一节 股份发行 第二节 股份增减和回购 第三节 股份转让 第四章 股东和股东会 第一节 股东的一般规定 第二节 控股股东和实际控制人 第三节 股东会的一般规定 第四节 股东会的召集 第五节 股东会的提案与通知 第六节 股东会的召开 第七节 股东会的表决和决议 第五章 董事会 第一节 董事 第二节 董事会 第三节 独立董事 第四节 董事会专门委员会 第六章 总裁及其他高级管理人员 第七章 财务会计制度、利润分配和审计 第一节 财务会计制度 第二节 内部审计 第三节 会计师事务所的聘任 第八章 通知与公告 第一节 通知 第二节 公告 第九章 合并、分立、增资、减资、解散和清算 第一节 合并、分立、增资和减资 第二节 解散和清算 第十章 修改章程 第十一章 附则 第一章 总则 第一条 为维护公司、股东、职工和债权人的合法权益，规范公司的组织和 行为，根据《中华人民共和国公司法》（以下简称《公司法》）、《中华人民共 和国证券法》（以下简称《证券法》）和其他有关规定，制定本章程。 第二条 公司系依照《股份有 ...

鲁泰纺织股份有限公司董事会议事规则 （2026 年第一次临时股东会修订） 第一章 总则 第一条 为规范本公司董事会的议事方法和程序，保证董事会工作效率，提 高董事会决策的科学性和正确性，根据《中华人民共和国公司法》、《上市公司 治理准则》和《鲁泰纺织股份有限公司章程》（以下简称《公司章程》）及其他 有关法律、法规和部门规章的规定，结合公司实际情况，特制定本规则。 第二条 董事会应当遵照有关法律、法规、部门规章和《公司章程》的规定 及股东会的决议，履行职责。 第三条 董事会是股东会的常设机构，董事会对股东会负责，作为董事当其 自身的利益与公司和股东的利益相冲突时，应当以维护公司和股东的最大利益为 行为准则。 第四条 董事会由 12 名董事组成，设董事长 1 人，副董事长 1 人，职工代 表董事 1 人。 第二章 董事会职权 第五条 董事会行使下列职权： （一）召集股东会，并向股东会报告工作； （二）执行股东会的决议； （三）决定公司的经营计划和投资方案； （四）制订公司的利润分配方案和弥补亏损方案； （五）制订公司增加或者减少注册资本、发行债券或者其他证券及上市方案； （六）拟订公司重大收购、收购本公司股票或者 ...

（2026 年第一次临时股东会修订） 第一章 总则 第一条 为规范公司募集资金的管理和使用，最大限度地保障投资者的利益， 根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司监管指引 第2号——上市公司募集资金管理和使用的监管要求》《深圳证券交易所股票上 市规则》《深圳证券交易所上市公司自律监管指引第1号——主板上市公司规范 运作》等有关法律、法规、规范性文件和《鲁泰纺织股份有限公司章程》（以下 简称《公司章程》）的规定和要求，结合公司的实际情况，特制订本制度。 第二条 本制度所称募集资金是指公司通过公开发行证券（包括首次公开发 行股票、配股、增发、发行可转换公司债券、分离交易的可转换公司债券、公司 债券、权证等）以及非公开发行证券向投资者募集并用于特定用途的资金，不包 括公司为实施股权激励计划募集的资金。 本制度所称超募资金是指公司实际募集资金净额超过计划募集资金金额的 部分。 第三条 公司应当审慎使用募集资金，保证募集资金的使用与招股说明书或 募集说明书的承诺相一致，不得擅自改变募集资金的投向。 公司应当真实、准确、完整地披露募集资金的实际使用情况，并在年度审计 的同时聘请会计师事务所对募集资金 ...

第六条 股东会召开前，董事会秘书负责组织制作符合累积投票制的表决票。 该表决票应简单明了，便于理解。 第七条 董事会秘书根据需要，可以向与会股东介绍累积投票的投票方式。 鲁泰纺织股份有限公司 董事选举累积投票制实施细则 （2026年第一次临时股东会修订） 第一条 为了进一步完善公司治理结构，保证所有股东充分行使权利，根据 《上市公司治理准则》和《鲁泰纺织股份有限公司章程》等有关规定，制订本实 施细则。 第二条 本实施细则所称的董事是指包括独立董事和非独立董事在内的全部 非职工代表董事，本细则所称董事均指非职工代表董事，职工代表董事的选举不 适用本细则。 第三条 股东会选举产生的董事人数及结构应符合公司章程的规定。 第四条 本实施细则所称累积投票制，是指公司股东会在选举或更换两名以 上的董事时所采用的一种股东投票方式。即股东在选举董事时，股东持有的每一 股份拥有与应当选的董事总人数相等的投票权，股东拥有的投票权数等于该股东 持有的有效表决权股份总数与应选董事总数的乘积。股东既可以将所有的投票权 集中投给一位董事候选人，也可以分散投给数位董事候选人。 第五条 公司股东会一次选举的董事仅为一名时，不适用累积投票制。 ...

Group 1 - The core viewpoint of the article is that Lutai A (000726.SZ) primarily generates export revenue from fabric and clothing products, with an export tax rebate rate of 13% currently in effect [1]

Core Viewpoint - The textile manufacturing sector experienced a slight increase of 0.01% on January 28, with Hangmin Co. leading the gains. The Shanghai Composite Index closed at 4151.24, up 0.27%, while the Shenzhen Component Index closed at 14342.9, up 0.09% [1]. Group 1: Stock Performance - Hangmin Co. (600987) closed at 8.02, with a significant increase of 10.01% and a trading volume of 305,900 shares, resulting in a transaction value of 236 million yuan [1]. - Hongda High-Tech (002144) saw a closing price of 14.59, up 7.04%, with a trading volume of 253,000 shares and a transaction value of 368 million yuan [1]. - Huamao Co. (000850) closed at 6.48, increasing by 4.18%, with a trading volume of 316,500 shares and a transaction value of 203 million yuan [1]. - Other notable performers included Lutai A (000726) with a 2.23% increase, closing at 7.81, and Bailong Oriental (665109) with a 1.70% increase, closing at 7.16 [1]. Group 2: Fund Flow Analysis - The textile manufacturing sector saw a net inflow of 17.14 million yuan from institutional investors, while retail investors contributed a net inflow of 49.03 million yuan. However, speculative funds experienced a net outflow of 66.18 million yuan [2]. - Key stocks with significant net inflows from institutional investors included Hongda High-Tech (552.67 million yuan) and Hangmin Co. (322.53 million yuan) [3]. - Retail investors showed a net inflow in stocks like Huamao Co. (549.06 million yuan), while other stocks like Hongda High-Tech and Hangmin Co. faced net outflows from retail investors [3].

Investment Rating - The investment rating for the company is "Buy" with a current price of 7.64 CNY and a fair value of 8.97 CNY [3]. Core Views - The company is expected to see a significant increase in net profit for 2025, projected between 570 million CNY and 630 million CNY, representing a year-on-year growth of 38.92% to 53.54%. This growth is primarily attributed to gains from the sale of financial assets and fair value changes of held financial assets, contributing approximately 170 million CNY to net profit [6]. - The fabric business is anticipated to face challenges, while the clothing business is expected to grow rapidly. In the first half of 2025, fabric revenue is projected to decline by 7.85% to 1.851 billion CNY, while shirt revenue is expected to increase by 24.82% to 772 million CNY. The capacity utilization rate for fabric is forecasted at 72%, down 4 percentage points year-on-year, while clothing capacity utilization is expected to rise to 95%, up 13 percentage points [6]. - The outlook for 2026 is optimistic, with expectations of improved overseas customer orders as U.S. tariff policies clarify. The company’s fabric business is set to benefit from the rapid release of capacity from its Vietnam project, and the clothing business is expected to perform better due to zero tariffs on exports to Europe from Vietnam [6]. Financial Forecast - Revenue projections for the company are as follows: - 2023: 5,961 million CNY - 2024: 6,091 million CNY - 2025: 6,298 million CNY - 2026: 6,727 million CNY - 2027: 7,322 million CNY - The expected growth rates are -14.1% for 2023, 2.2% for 2024, 3.4% for 2025, 6.8% for 2026, and 8.9% for 2027 [2]. - The projected earnings per share (EPS) are: - 2023: 0.47 CNY - 2024: 0.50 CNY - 2025: 0.73 CNY - 2026: 0.64 CNY - 2027: 0.77 CNY [2].

Core Viewpoint - Lutai A announced a new compensation plan for its non-independent directors and senior management, which includes a structure of base salary, performance bonuses, and long-term incentives, with performance bonuses expected to account for at least 50% of the total annual base salary and performance bonuses [2] Group 1 - The 11th Board of Directors' 7th meeting is scheduled for January 26, 2026, to review the compensation plan [2] - The proposed compensation scheme will require approval at the company's first extraordinary general meeting of shareholders in 2026 before it can take effect [2]

Core Viewpoint - Lutai Textile Co., Ltd. is optimizing its asset structure and expanding its integrated fabric and apparel business by selling part of its subsidiary Tianqin International to MF France and FR Japan, which will enhance cooperation with clients and create a win-win development goal [1] Group 1: Transaction Details - Lutai's subsidiary, Lulian New Materials, plans to sell 23.06% of its stake in Tianqin International to MF France and FR Japan for a total transaction price of $7.2944 million [1] - After the transaction, the shareholding structure of Tianqin International will be 34% for MF France, 33% for FR Japan, and 33% for Lulian New Materials [1] Group 2: Strategic Implications - The transaction is expected to facilitate deeper collaboration with clients and further expand the market space for the integrated fabric and apparel business [1] - The move aligns with the company's goal of achieving cooperative and mutually beneficial development [1]

Group 1 - The company Luthai Textile announced that its 11th Board of Directors' seventh meeting will be held on January 26, 2026, to review documents including a proposal to amend certain clauses [1] Group 2 - International gold prices have surpassed $5,000, marking a 280% increase over the past seven years, with experts suggesting that the key factors influencing this trend include the US dollar, the international monetary system, interest rate cuts, and technological revolutions [1]