鲁泰Ｂ:2021年年度报告摘要（英文版）

Lu Thai Textile Co. Ltd. Annual Report 2021 (Summary)

Stock Code: 000726 200726 Stock Name: LTTC LTTC-B Announcement No. 2022-022

Bond Code: 127016 Bond Name: LTTC Convertible Bonds

LU THAI TEXTILE CO. LTD.ANNUAL REPORT 2021 (SUMMARY)

Part I Important Notes

This Summary is based on the full Annual Report of Lu Thai Textile Co. Ltd. (together with its consolidated subsidiaries the

“Company” except where the context otherwise requires). In order for a full understanding of the Company’s operating results

financial position and future development plans investors should carefully read the aforesaid full text which has been disclosed

together with this Summary on the media designated by the China Securities Regulatory Commission (the “CSRC”).Independent auditor’s modified opinion:

□ Applicable √ Not applicable

Board-approved final cash and/or stock dividend plan for ordinary shareholders for the Reporting Period:

√ Applicable □ Not applicable

Bonus issue from capital reserves:

□ Yes √ No

The Board has approved a final dividend plan for ordinary shareholders as follows: based on 882341295 shares a cash dividend of

RMB0.70 (tax inclusive) per 10 shares is to be distributed to the shareholders with no bonus issue from either profit or capital

reserves.Board-approved final cash and/or stock dividend plan for preferred shareholders for the Reporting Period:

□ Applicable √ Not applicable

This Report and its summary have been prepared in both Chinese and English. Should there be any discrepancies or

misunderstandings between the two versions the Chinese versions shall prevail.Part II Key Corporate Information

1. Stock Profile

Stock name LTTC LTTC-B Stock code 000726 200726

Stock exchange for stock listing Shenzhen Stock Exchange

Contact information Board Secretary Securities Representative

Name Zhang Keming Zheng Weiyin and Li Kun

Address 81 Songling East Road Zichuan District 81 Songling East Road Zichuan District

1Lu Thai Textile Co. Ltd. Annual Report 2021 (Summary)

Zibo City Shandong Province P.R.China Zibo City Shandong Province P.R.China

Fax 0533-5418805 0533-5418805

Tel. 0533-5277008 0533-5285166

Email address zhangkeming@lttc.com.cn wyzheng@lttc.com.cn，likun@lttc.com.cn

2. Principal Activities or Products in the Reporting PeriodLu Thai has always adhered to its mission of “creating wealth contributing to the society clothing the world and weaving our way toevery corner of the globe” as well as to its values of “people foremost policy rigorous scientific attitude client oriented principleand integrity for win-win outcome”. It has gradually become a textile and garment enterprise group with comprehensive and vertical

production capacities integrating spinning bleaching and dyeing weaving afterfinish and clothing manufacture. Lu Thai produces

and sells middle and high-grade yarn-dyed fabric dyeing fabric functional fabric and knitted fabric for shirts as well as garment. It

claimed its fame for its comprehensive management R&D ability advanced technology stable quality and international operations.Moreover it also attaches great importance to improving the added value of its products explore the emerging market and renew its

service philosophy. Lu Thai has become the world’s largest high-grade yarn dyed fabric producer and a world-class premium shirt

provider. It had paved its development pattern featured in going green low-carbon growth science and technology and humanism.Over 50% of Lu Thai’s products are exported to over 60 countries and regions including America the EU and Japan. At present the

Company's capacity of yarn dyed fabric has made up 18% of the market of global yearn dyed fabric for medium and high-end shirts.Moreover the Company has established strategic partnership with renowned brand owners at home and abroad.

3. Key Financial Information

(1) Key Financial Information of the Past Three Years

Indicate by tick mark whether there is any retrospectively restated datum in the table below.□ Yes √ No

Unit: RMB

Change of 31

31 December 2021 31 December 2020 December 2021 over 31 December 2019

31 December 2020 (%)

Total assets 12987221271.63 12129903960.65 7.07% 11885431553.08

Equity attributable to the listed

7983307400.037687577590.723.85%7697135324.92

company’s shareholders

2021-over-2020

202120202019

change (%)

Operating revenue 5238262348.85 4751222464.14 10.25% 6801381448.94

Net profit attributable to the listed

347609693.3097308593.36257.22%952386011.49

company’s shareholders

Net profit attributable to the listed

company’s shareholders before 190492580.40 20039094.03 850.60% 662416013.00

exceptional gains and losses

Net cash generated from/used in

348137005.48593535922.89-41.35%1086110575.51

operating activities

Basic earnings per share 0.39 0.11 254.55% 1.11

2Lu Thai Textile Co. Ltd. Annual Report 2021 (Summary)

(RMB/share)

Diluted earnings per share

0.360.11227.27%1.11

(RMB/share)

Weighted average return on equity

4.44%1.26%3.18%12.96%

(%)

(2) Key Financial Information by Quarter

Unit: RMB

Q1 Q2 Q3 Q4

Operating revenue 993485161.79 1226828489.15 1346367447.24 1671581250.67

Net profit attributable to the listed

74530850.4078966494.2693666571.98100445776.66

company’s shareholders

Net profit attributable to the listed

company’s shareholders before 15513465.07 38768067.01 80690683.49 55520364.83

exceptional gains and losses

Net cash generated from/used in

-36745428.28219506453.4261907667.37103468312.97

operating activities

Indicate by tick mark whether any of the quarterly financial data in the table above or their summations differs materially from what

have been disclosed in the Company’s quarterly or interim reports.□ Yes √ No

4. Share Capital and Shareholder Information at the Period-End

(1) Numbers of Ordinary Shareholders and Preferred Shareholders with Resumed Voting Rights as well as

Holdings of Top 10 Shareholders

Unit: share

Number of preferred

Number of Number of ordinary Number of preferred

shareholders with resumed

ordinary shareholders at the shareholders with resumed

57722 55183 0 voting rights at the month-end 0

shareholders at month-end prior to the voting rights at the

prior to the disclosure of this

the period-end disclosure of this Report period-end

Report

Top 10 shareholders

Shares in pledge

Shareholdi Total shares

Restricted marked or frozen

Name of shareholder Nature of shareholder ng held at the

shares held

percentage period-end ShareStatus

Domestic

Zibo Lucheng Textile Investment Co.non-state-owned legal 15.91% 140353583

Ltd.person

Tailun (Thailand) Textile Co. Ltd. Foreign legal person 13.40% 118232400

Central Huijin Assets Management Co. State-owned legal

2.25%19884100

Ltd. person

Domestic

National Social Security Fund Portfolio

non-state-owned legal 1.11% 9810051

413

person

Zhong Ou China Securities Asset

Other 0.59% 5235900

Management Plan

Dacheng China Securities Asset

Other 0.59% 5235900

Management Plan

3Lu Thai Textile Co. Ltd. Annual Report 2021 (Summary)

Harvest China Securities Asset

Other 0.59% 5235900

Management Plan

GF China Securities Asset Management

Other 0.59% 5235900

Plan

Yinhua China Securities Asset

Other 0.59% 5235900

Management Plan

Domestic natural

Liao Cuimeng 0.58% 5142200

person

Zibo Lucheng Textile Investment Co. Ltd. is the largest

shareholder of the Company and the actual controller. All of other

Related or acting-in-concert parties among the shareholders

shareholders are people holding public A share or public B share

above

and the Company is not able to confirm whether there is associated

relationship or concerted action among other shareholders.Shareholders involved in securities margin trading (if any) N/A

(2) Number of Preferred Shareholders and Shareholdings of Top 10 of Them

□ Applicable √ Not applicable

No preferred shareholders in the Reporting Period.

(3) Ownership and Control Relations between the Actual Controller and the Company

5. Outstanding Bonds at the Date when this Report Was Authorized for Issue

√ Applicable □ Not applicable

(1) Bond Profile

Coupon

Bond name Abbr. Bond code Date of issue Maturity Balance (RMB’0000)

rate

Convertible Corporate LTTC

Bonds of Lu Thai Textile Convertible 127016 9 April 2020 8 April 2026 139986.86

Co. Ltd. Bonds

Redemption and interest 1. For LTTC Convertible Bonds the coupon rates are: 0.3% for the first year 0.6% for the second year

payments during the 1.0% for the third year 1.5% for the fourth year 1.8% for the fifth year and 2.0% for the sixth year.Reporting Period 2. On 9 April 2021 the Company paid the interest for the first year according to the par value of the

4Lu Thai Textile Co. Ltd. Annual Report 2021 (Summary)

bonds i.e. interest of RMB3.00 (tax inclusive) for every 10 “LTTC Convertible Bonds” (par value:

RMB1000).

(2) Latest Follow-up Ratings and Rating Changes of the Bonds

The credit rating of the Company's convertible bonds for the Reporting Period is AA+ which has not changed compared with that of

the same period of last year.

(3) Key Financial Information of the Company for the Past Two Years

Unit: RMB'0000

Item 2021 2020 Change (%)

Debt/asset ratio 35.57% 33.29% 2.28%

Net profit before exceptional

19049.262003.91850.60%