Lu Thai Textile Co. Ltd. Interim Report 2023 (Summary)

Stock Code: 000726 200726 Stock Name: LTTC LTTC-B Announcement No. 2023-063

Bond Code: 127016 Bond Name: LTTC Convertible Bonds

LU THAI TEXTILE CO. LTD.INTERIM REPORT 2023 (SUMMARY)

Part I Important Notes

This Summary is based on the full Interim 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 condition and future development plans investors should carefully read the aforesaid full report which has been disclosed

together with this Summary on the media designated by the China Securities Regulatory Commission (the “CSRC”).All the Company’s directors have attended the Board meeting for the review of this Report and its summary.Independent auditor’s modified opinion:

□ Applicable □ Not applicable

Board-approved interim cash and/or stock dividend plan for ordinary shareholders:

□ Applicable □ Not applicable

The Company has no interim dividend plan either in the form of cash or stock.Board-approved interim cash and/or stock dividend plan for preferred shareholders:

□ 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

Previous stock name (if any) N/A

Contact information Board Secretary Securities Representative

Name Zhang Keming Zheng Weiyin and Li Kun

1Lu Thai Textile Co. Ltd. Interim Report 2023 (Summary)

No. 81 Songling East Road Zichuan District No. 81 Songling East Road Zichuan District

Office address

Zibo Shandong P.R.China Zibo Shandong P.R.China

Tel. 0533-5277008 0533-5285166

E-mail address zhangkeming@lttc.com.cn wyzheng@lttc.com.cn，likun@lttc.com.cn

2. Key Financial Information

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

H1 2023 H1 2022 Change (%)

Operating revenue (RMB) 2840491262.47 3330294463.25 -14.71%

Net profit attributable to the listed company’s shareholders

221647998.15393950852.46-43.74%

(RMB)

Net profit attributable to the listed company’s shareholders

191809861.94365579229.64-47.53%

before exceptional gains and losses (RMB)

Net cash generated from/used in operating activities (RMB) 148610216.98 117482408.74 26.50%

Basic earnings per share (RMB/share) 0.26 0.45 -42.22%

Diluted earnings per share (RMB/share) 0.23 0.39 -41.03%

Weighted average return on equity (%) 2.42% 4.77% -2.35%

30 June 2023 31 December 2022 Change (%)

Total assets (RMB) 13573972109.67 13351097602.03 1.67%

Equity attributable to the listed company’s shareholders

9256925049.099014156872.712.69%

(RMB)

3. Shareholders and Their Holdings as at the End of the Reporting Period

Unit: share

Number of preferred shareholders with resumed

Number of ordinary shareholders 53240 0

voting rights (if any)

Top 10 shareholders

Sharehol Shares in pledge

Nature of ding Number of Restricted marked or frozen

Name of shareholder

shareholder percenta shares shares Shar

Status

ge es

Domestic non-

Zibo Lucheng Textile Investment Co.state-owned legal 16.25% 140353583 0

Ltd.person

Foreign legal

Tailun (Thailand) Textile Co. Ltd. 13.69% 118232400 0

person

Central Huijin Assets Management Co. State-owned legal

2.30%198841000

Ltd. person

National Social Security Fund Portfolio

Other 1.54% 13260051 0

413

ICBC Credit Suisse Innovation Power

Other 1.38% 11910000 0

Stock Type Securities Investment Fund

ICBC Credit Suisse Selected Balanced

Other 0.84% 7230000 0

Mixed Securities Investment Fund

2Lu Thai Textile Co. Ltd. Interim Report 2023 (Summary)

FEDERATED HERMES GLOBAL

INVESTMENT FD (CAYMAN)

Foreign legal

MASTER SPC OBOAFTAO 0.61% 5259028 0

person

FEDERATED HERMES EMG ASIA

EQUITY FD MASTER S.P.Dacheng China Securities Asset

Other 0.61% 5235900 0

Management Plan

GF China Securities Asset Management

Other 0.56% 4833300 0

Plan

Yinhua China Securities Asset

Other 0.50% 4320212 0

Management Plan

Zibo Lucheng Textile Investment Co. Ltd. is the largest

shareholder of the Company and the actual controller. Tailun

(Thailand) Textile Co. Ltd. is the second largest shareholder as

Related or acting-in-concert parties among the shareholders well as sponsor of foreign capital of the Company. All of other

above shareholders are people holding public A share or public B

share 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

4. Change of the Controlling Shareholder or the Actual Controller in the Reporting Period

Change of the controlling shareholder in the Reporting Period:

□ Applicable □ Not applicable

The controlling shareholder remained the same in the Reporting Period.Change of the actual controller in the Reporting Period:

□ Applicable □ Not applicable

The actual controller remained the same in the Reporting Period.

5. Number of Preferred Shareholders and Shareholdings of Top 10 of Them

□ Applicable □ Not applicable

No preferred shareholders in the Reporting Period.

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

□ Applicable □ Not applicable

(1) Bond Profile

Abbr Bond Balance

Bond name Date of issue Maturity Coupon rate. code (RMB’0000)

LTT First year: 0.3%

Convertible Corporate

C 8 April Second year: 0.6%

Bonds of Lu Thai 127016 9 April 2020 139985.14

Con 2026 Third year: 1.0%

Textile Co. Ltd.verti Fourth year: 1.5%

3Lu Thai Textile Co. Ltd. Interim Report 2023 (Summary)

ble Fifth year: 1.8%

Bon Sixth year: 2.0%。

ds

(2) Relevant Financial Information as of the End of the Reporting Period

Item 30 June 2023 31 December 2022

Debt/asset ratio 28.99% 29.53%

Item H1 2023 H1 2022

EBITDA-to-interest cover (times) 10.90 13.54

Part III Significant Events

The Proposal on Repurchase of Domestically Listed Foreign Shares (B-Stock) was approved at the 10th Meeting of the 10th Board

of Directors and the First Extraordinary General Meeting of 2023. As such an amount of no more than RMB200 million would be

used to repurchase shares with a price limit of HKD4.80 per share within 12 months from the date when the share repurchase

plan was approved at the general meeting. For details see the relevant announcements (No.: 2023-043 2023-044 2023-053 and

2023-055) and documents disclosed on 20 June 2023 and 7 July 2023 on www.cninfo.com.cn.

Chairman of the Board: Liu Zibin

Lu Thai Textile Co. Ltd.

19 August 2023

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