Group 1 - The company approved a cash dividend distribution plan for the first half of 2025, with a total dividend amount of 81,730,656.30 yuan, which is not more than 50% of the net profit attributable to shareholders [1] - The distribution plan is based on a total share capital of 817,306,563 shares, with a proposed cash dividend of 1.00 yuan per 10 shares [1] - The plan was approved unanimously by the board of directors and does not require further shareholder meeting approval [1] Group 2 - The company reported a distributable profit of 537,412,335.81 yuan for the first half of 2025, along with retained earnings from previous years amounting to 5,710,227,677.26 yuan [1] - The distribution plan complies with relevant laws and regulations, ensuring it aligns with the company's strategic planning and long-term development needs [2] - The cash dividend level is consistent with the average level of listed companies in the industry, demonstrating its legality, compliance, and reasonableness [2]

Lu Thai Textile Co., Ltd. Interim Financial Statements 2025 LU THAI TEXTILE CO., LTD. INTERIM FINANCIAL STATEMENTS 2025 August 2025 1 Lu Thai Textile Co., Ltd. Interim Financial Statements 2025 Financial Statements I Independent Auditor's Report Are these interim financial statements audited by an independent auditor? □ Yes No They are unaudited by such an auditor. II Financial Statements Currency unit for the financial statements and the notes thereto: RMB 1. Consolidated Balance Sheet Prepared by Lu Thai ...

Core Viewpoint - The company, Lutai Textile Co., Ltd., plans to sell its shares in Rongchang Biological to improve asset liquidity and efficiency, and to meet operational funding needs. The sale will be conducted through the secondary market at a reasonable price range, with specific details such as timing and transaction amounts remaining uncertain [1][5]. Transaction Overview - The company holds 3,918,265 shares of Rongchang Biological, accounting for 1.25% of its total equity. The sale does not require board approval and does not constitute a related party transaction or a major asset restructuring [2][3]. - The estimated profit from the stock sale is projected to impact the company's net profit by approximately 81.04 million yuan, exceeding 10% of the audited net profit for the last fiscal year, thus meeting disclosure standards [2][3]. Basic Information of the Transaction Target - Rongchang Biological was established on July 4, 2008, and is located in Yantai, Shandong. It focuses on the discovery, development, and commercialization of innovative biopharmaceuticals for major diseases [3]. - As of March 31, 2025, Rongchang Biological's total assets were approximately 5.5 billion yuan, with total liabilities of about 3.5 billion yuan, resulting in a net asset value of approximately 1.99 billion yuan [4]. Purpose and Impact of Asset Sale - The primary goal of selling the shares is to reduce the proportion of financial assets and to meet the company's funding requirements. The proceeds will be used to supplement working capital [5]. - The company currently holds 612,600 shares of Rongchang Biological, and while the sale may affect current profits, the final impact remains uncertain due to market volatility [5].

Group 1 - The company approved a profit distribution plan for the year 2024, proposing a cash dividend of 1.00 RMB per 10 shares, totaling 81,730,601 RMB [1][2] - The distribution will be based on the total share capital of 817,306,010 shares, with A shares receiving 59,118,004.50 RMB and B shares receiving 22,612,596.50 RMB [1][2] - The dividend will be distributed on June 20, 2025, with the ex-dividend date set for the same day [2] Group 2 - The cash dividends for B shares will be converted to Hong Kong dollars based on the exchange rate published by the People's Bank of China on May 8, 2025 [2] - The adjustment of the conversion price for the company's convertible bonds will occur due to the dividend distribution [3]

股票代码：000726 200726 股票简称：鲁泰A 鲁泰B 公告编号：2025-041 债券代码：127016 债券简称：鲁泰转债 鲁泰纺织股份有限公司 公司及董事会全体成员保证公告内容的真实、准确和完整，对公告的虚假记载、误导性 陈述或者重大遗漏负连带责任。 一、董事会会议召开情况 鲁泰纺织股份有限公司（以下简称"公司"）第十一届董事会第一次会议通知于 阳山庄会议室召开，本次会议召开方式为现场与通讯表决。本次会议由公司董事长刘 子斌先生主持，应出席董事 12 人，实际出席董事 12 人：其中现场出席 9 人，通讯表 决 3 人，董事许植楠、许健绿、郑会胜以通讯方式表决。公司部分高管列席了本次会 议。公司会议通知及召开程序符合《中华人民共和国公司法》、《鲁泰纺织股份有限 公司章程》等有关规定，会议决议合法有效。 （3）薪酬与考核委员会：会议选举刘子斌、于明涛、朱北娜、权玉华、魏建为薪 酬与考核委员会委员。朱北娜为薪酬与考核委员会主席。 上述人员任期三年。 二、董事会会议审议情况 本次会议审议通过了以下议案： 果：12 票同意，0 票反对，0 票弃权。 许植楠先生为副董事长，任期三年。 票同意，0 票反对， ...

证券代码：000726 200726 证券简称：鲁泰A、鲁泰B 公告编号：2025-039 债券代码：127016 债券简称：鲁泰转债 鲁泰纺织股份有限公司 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示： （二）会议出席情况 股东及股东代理人160人、代表股份28,454.3665万股，占本公司有表决权股份 总数81,730.601万股的34.814%。其中，B股股东及股东代理人14人、代表股份 股东及股东代理人 11 人、代表股份 26,610.2277 万股，占本公司有表决权股 份总数 81,730.601 万股的 32.558%。其中，B 股股东及股东代理人 5 人、代表股份 法》及《公司章程》的有关规定。 通过网络投票的股东149人、代表股份1,844.1388万股，占本公司有表决权股 份总数2.256％。其中，B股股东通过网络投票的9人，代表股份数35.4129万股，占 本公司B股股东有表决权股份总数的0.157％。 议。 一、会议召开和出席情况 （一）会议召开情况 （1）现场会议时间：2025 年 6 月 9 日（星期一）下午 14：0 ...

About This Report Reporting entity The Reporting entity is "Lu Thai Textile Co., Ltd.", which can be referred to as "We", "the Company", "Lu Thai", "Lu Thai Company" , "Lu Thai Textile", "The Group" and "Group" unless otherwise specified in the main text. Scope of the report The time span of this Report is mainly from January 1 to December 31, 2024. In order to maintain the continuity and comparability of information, some content is beyond the aforesaid time span. The information involved is from the inter ...

Financial Performance - The company's operating revenue for the first half of 2024 was ¥2,830,488,685.61, a decrease of 0.35% compared to the same period last year[12]. - The net profit attributable to shareholders was ¥169,559,969.54, representing a decline of 23.50% year-on-year[12]. - The net profit after deducting non-recurring gains and losses increased by 37.50% to ¥263,731,284.55 compared to the previous year[12]. - The net cash flow from operating activities surged by 203.76% to ¥451,421,652.69[12]. - Total assets at the end of the reporting period were ¥13,765,510,933.73, reflecting a growth of 2.50% from the end of the previous year[12]. - The net assets attributable to shareholders increased by 0.78% to ¥9,302,679,873.38[12]. - The weighted average return on net assets was 1.83%, down from 2.42% in the previous year[12]. - The company achieved total operating revenue of CNY 2.83 billion, a slight decrease of 0.35% compared to the same period last year[21]. - The net profit attributable to the parent company was CNY 1.70 billion, representing a year-on-year decline of 23.50%[17]. - The company reported a net loss from investment income of 3,289,446.38 CNY, which constitutes -1.71% of total profit[32]. - The company recorded a fair value loss of 112,539,827.27 CNY from financial assets, which is -58.34% of total profit[32]. - The company reported a net loss of CNY 86,360,751.90 during the current period, compared to a profit in the previous year, indicating a significant decline in profitability[130]. Cash Flow and Liquidity - The company's cash and cash equivalents amount to 1,670,720,493.53 CNY, representing 12.14% of total assets, an increase from 11.60% in the previous year[33]. - The company's fixed assets total 5,921,271,772.02 CNY, accounting for 43.02% of total assets, up from 41.68% year-on-year[33]. - The company reported a significant increase in long-term borrowings, which rose to CNY 706,355,559.41 from CNY 259,992,974.40, marking a growth of 171.5%[109]. - The cash interest coverage ratio improved significantly to 9.47 from 2.95, a 221.02% increase[104]. - The cash flow from operating activities showed a positive trend, indicating improved operational efficiency and financial health for the company[116]. - The company achieved a net cash inflow from financing activities of ¥195,943,296.16, compared to ¥51,586,090.91 in the first half of 2023, indicating improved financing conditions[114]. Dividend and Shareholder Returns - The company plans to distribute a cash dividend of ¥1.00 per 10 shares to all shareholders[3]. - The total cash dividend, including other methods, amounts to 119,597,547.22 yuan, representing 100% of the distributable profit[57]. - The company has committed to not reducing its shareholdings for one year starting from August 23, 2023, to maintain market stability and investor interests[68]. - The company’s stock incentive plan involved a total of 11,467,817 shares at the beginning of the period, with significant releases and cancellations throughout[86]. Research and Development - The company received 17 authorized patents during the reporting period, including 13 invention patents and 4 utility model patents[18]. - The company’s R&D investment decreased by 12.12% to CNY 115.37 million compared to the previous year[21]. - Investment in research and development increased by 25% year-on-year, totaling 50 million RMB, focusing on new technologies and product innovation[182]. Market and Industry Trends - The textile industry showed a 6.5% increase in export revenue from January to June 2024, indicating stable demand in overseas markets[2]. - The textile and apparel export maintained a stable recovery, with a total export of USD 143.18 billion, up 4.7% year-on-year[18]. - The company faces challenges from global trade dynamics and insufficient effective demand in the textile industry[2]. - The company plans to continue focusing on high-quality development and expanding into new markets amid a complex global economic environment[17]. Inventory and Production - The inventory turnover days for fabrics is 98 days, with a total inventory of 3,688.24 million meters, reflecting a year-on-year increase of 27.23% due to the impact of the overseas high-end fabric product line project and extended delivery times for some orders[30]. - The total inventory balance is 2,392,399,530.96 CNY, with a year-on-year increase of 249,892,793.81 CNY, primarily due to the increase in fabric inventory[30]. - The company’s production capacity for fabrics was 14,415,000 meters, with a capacity utilization rate of 76%, up from 70% in the previous year[24]. - The company’s domestic production capacity for apparel is 1,220,000 units, with a utilization rate of 82%[24]. Environmental and Social Responsibility - The total investment in environmental governance and protection amounted to CNY 22.7273 million, with CNY 22.0435 million allocated for environmental protection facilities and CNY 0.6838 million for environmental protection tax[63]. - The company and its subsidiaries achieved pollutant discharge concentrations that are better than national standards, significantly improving local water quality and ecological environment[63]. - The company has established emergency response plans for environmental pollution incidents, which have been filed with the local environmental protection bureau[63]. - The company has not reported any environmental accidents during the reporting period[65]. Corporate Governance and Compliance - The company has established strict internal controls and compliance measures to mitigate legal risks associated with derivative trading[39]. - The company has not reported any litigation issues during the reporting period[43]. - The company has not engaged in any major related party transactions during the reporting period[70]. - The semi-annual financial report has not been audited[68]. Financial Instruments and Risk Management - The company has implemented a foreign exchange risk management strategy, utilizing various financial derivatives to mitigate exchange rate fluctuations[53]. - The company engages in foreign exchange derivative trading for hedging purposes, enhancing its ability to mitigate foreign exchange risks and improve financial stability[38]. - The company has a comprehensive risk control system to address market, liquidity, credit, operational, and legal risks associated with derivative trading[39]. Shareholder Structure - The largest shareholder, Zibo Lucheng Textile Investment Co., holds 140,353,583 shares, accounting for 17.17% of total shares[88]. - Tai Lun Co., the second largest shareholder, holds 115,232,400 shares, representing 14.10% of total shares[88]. - The company’s total number of ordinary shareholders at the end of the reporting period was 45,713[87]. Future Outlook - The company expects a revenue growth guidance of 10-15% for the second half of 2024, driven by new product launches and market expansion strategies[171]. - The company plans to expand its market presence in Southeast Asia, targeting a 30% increase in market share by the end of 2025[171]. - The company plans to continue focusing on market expansion and new product development to drive future growth[110].

Financial Performance - In 2023, the company's operating revenue was approximately ¥5.96 billion, a decrease of 14.08% compared to ¥6.94 billion in 2022[22]. - The net profit attributable to shareholders was approximately ¥403.44 million, down 58.14% from ¥963.86 million in the previous year[22]. - The net profit after deducting non-recurring gains and losses was approximately ¥386.14 million, a decline of 51.46% from ¥795.47 million in 2022[22]. - The net cash flow from operating activities was approximately ¥854.86 million, a decrease of 39.90% compared to ¥1.42 billion in 2022[22]. - Basic earnings per share were ¥0.47, down 57.27% from ¥1.10 in the previous year[22]. - The total assets at the end of 2023 were approximately ¥13.43 billion, an increase of 0.59% from ¥13.35 billion at the end of 2022[22]. - The net assets attributable to shareholders were approximately ¥9.23 billion, up 2.40% from ¥9.01 billion at the end of 2022[22]. Dividend and Shareholder Returns - The company plans to distribute a cash dividend of ¥1.30 per 10 shares (including tax) to all shareholders[6]. - The total distributable profit for the company was 5,923,889,542.37 CNY, with cash dividends accounting for 100% of the profit distribution[135]. - The company reported a cash dividend of 1.30 CNY per 10 shares, with a total cash dividend amounting to 106,266,056.78 CNY[134]. Operational Developments - The company aims to enhance quality and efficiency through digitalization and green transformation while expanding internationally to adapt to market changes[6]. - The company achieved total operating revenue of 5.961 billion yuan in 2023, a decrease of 14.08% year-on-year[32]. - The company launched new product lines including women's wear and new materials, enhancing its product offerings[33]. - The company established an overseas operation management center to improve operational efficiency and delivery capabilities[33]. - The company has initiated overseas production base construction, currently in trial production phase[50]. Research and Development - The company was awarded 69 patents in 2023, including 53 invention patents, highlighting its commitment to innovation[35]. - Research and development expenses amounted to CNY 240 million, a decline of 13.26% year-on-year[38]. - The company has established strong R&D capabilities and collaborates with various research institutions and strategic partners for product development[37]. - The company is actively developing new eco-friendly textile technologies, including low-carbon dyeing techniques and high-efficiency elastic fabrics, to enhance its market competitiveness[60]. - R&D investment amounted to ¥239,775,343.18 in 2023, a decrease of 13.26% compared to ¥276,424,812.26 in 2022, while the R&D investment as a percentage of revenue increased slightly to 4.02% from 3.98%[60]. Market and Industry Context - The textile industry faced challenges with a total export value of 293.64 billion USD in 2023, a decrease of 8.1% year-on-year[30]. - The textile industry in China maintains a competitive advantage globally, despite challenges from economic downturns and structural adjustments in demand[88]. - The company aims to enhance its international presence and maintain its leading position in the global dyed fabric market through smart manufacturing upgrades and resource integration[88]. - The company plans to expand into emerging markets while improving customer service capabilities and product innovation driven by market demand[89]. Risk Management - The company faces risks from fluctuating raw material prices, particularly cotton, and plans to implement effective procurement strategies to mitigate these risks[90]. - Currency exchange rate fluctuations pose a significant risk to the company's performance, with strategies in place to manage this risk through hedging and optimizing settlement practices[91]. - The company has established a comprehensive risk control system to analyze and mitigate market, liquidity, credit, operational, and legal risks associated with derivative trading[73]. Corporate Governance - The company has revised 24 internal governance documents to enhance its corporate governance structure and ensure compliance with relevant laws and regulations[97]. - The company maintains independence from its controlling shareholder in terms of personnel, assets, finance, and operations, ensuring no infringement on the interests of minority shareholders[97]. - The company has established a robust internal control system to protect the rights of investors and ensure effective governance[97]. - The company has held regular shareholder meetings to ensure equal rights for all shareholders, particularly minority shareholders[97]. Environmental Responsibility - The company adheres to various environmental protection laws and standards during its operations, including the Environmental Protection Law and the Water Pollution Prevention Law[150]. - The company and its subsidiaries have invested a total of CNY 49.3677 million in environmental governance and protection, with CNY 48.3670 million allocated for environmental governance and CNY 1.0007 million for environmental protection tax during the reporting period[159]. - The company has implemented strict pollution control measures, achieving a COD discharge of 282.53 tons and ammonia nitrogen discharge of 149.51 tons, both of which are within the national standards[152]. Employee Management - The total number of employees at the end of the reporting period was 23,522, with 8,168 in the parent company and 15,354 in major subsidiaries[129]. - The company has established a salary management system based on the principle of "pay for performance" to enhance employee motivation[131]. - The company has a training plan that includes management, technical, and general training categories to improve employee skills and competencies[132]. Share Structure and Changes - The total number of shares after the changes is 887,633,151, a decrease of 24,025,517 shares from the previous total of 863,607,634[199]. - The number of restricted shares released on May 9, 2023, and June 8, 2023, was 2,919,000 and 6,979,500 respectively[200]. - The company completed the cancellation of 23,935,748 domestic listed foreign shares (B shares) on May 25, 2023[200].

The Reporting Entity is "Luthai Textile Co., Ltd.", which can be referred to as "We", "the Company", "Luthai", "Luthai Company" and "Luthai Textile", unless otherwise specified in the main text. Scope of the Report About This Report The time span of this Report is mainly from 1 January to 31 December 2023. In order to maintain the continuity and comparability of information, some content is beyond the aforesaid time span. The information involved is from the internal data of the Company, information submitt ...