知名纺企否认在埃及投资，30亿资金闲躺账上理财

Core Viewpoint - Lutai Textile has repeatedly denied any investment plans in Egypt despite initial reports of a proposed $385 million investment, indicating a lack of progress on the project and potential internal or external decision-making hurdles [1][4][9]. Group 1: Investment Plans and Responses - Lutai Textile's proposed investment in Egypt was widely reported but has been consistently denied by the company, which stated that there are currently no investment projects in Egypt [1][4]. - Investors have shown persistent interest in the Egypt investment, but Lutai's responses have been disappointing, reaffirming the absence of any plans [4][7]. - The original news regarding the investment was based on discussions rather than a signed agreement, suggesting that the project may not have advanced beyond preliminary talks [7][9]. Group 2: Financial Position - Lutai Textile has a strong financial position, with cash and cash equivalents amounting to 2 billion yuan and trading financial assets of 690 million yuan as of the end of 2024 [11][12]. - The company has significant liquidity, with 3 billion yuan in cash available, indicating that financial constraints are not the reason for the lack of progress on the Egypt project [10][11]. - Investment income has positively impacted the company's overall profitability, with a net profit increase of 74.63% year-on-year, despite a slight decline in total revenue [14]. Group 3: Current Focus and Operations - The company is currently focused on ramping up production for existing projects, particularly the overseas high-end fabric product line, which is in the capacity ramp-up phase [15][16]. - Revenue from overseas bases accounted for 42% of the company's total revenue in the first three quarters, highlighting the importance of international operations to Lutai's overall business strategy [16].