Lu Thai Textile Co. Ltd. Interim Report 2024 (Summary)

Stock Code: 000726 200726 Stock Name: LTTC LTTC-B Announcement No. 2024-069

Bond Code: 127016 Bond Name: LTTC Convertible Bonds

LU THAI TEXTILE CO. LTD.INTERIM REPORT 2024 (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

Bonus issue from capital reserves:

□ Yes □ No

The Board has approved a final dividend plan as follows: based on the share capital of 817305896 shares a cash dividend of

RMB1.00(tax inclusive) per 10 shares is to be distributed to the shareholders with no bonus issue from either profit or capital

reserves.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

1Lu Thai Textile Co. Ltd. Interim Report 2024 (Summary)

Stock exchange for stock listing Shenzhen Stock Exchange

Previous stock name (if any) N/A

Contact information Board Secretary Securities Representative

Name Zheng Weiyin Li Kun

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. 0533-5285166 0533-5285166

E-mail address 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 2024 H1 2023 Change (%)

Operating revenue (RMB) 2830488685.61 2840491262.47 -0.35%

Net profit attributable to the listed company’s shareholders

169559969.54221647998.15-23.50%

(RMB)

Net profit attributable to the listed company’s shareholders

263731284.55191809861.9437.50%

before exceptional gains and losses (RMB)

Net cash generated from/used in operating activities (RMB) 451421652.69 148610216.98 203.76%

Basic earnings per share (RMB/share) 0.21 0.26 -19.23%

Diluted earnings per share (RMB/share) 0.19 0.23 -17.39%

Weighted average return on equity (%) 1.83% 2.42% -0.59%

30 June 2024 31 December 2023 Change (%)

Total assets (RMB) 13765510933.73 13430286222.94 2.50%

Equity attributable to the listed company’s shareholders

9302679873.389230806905.800.78%

(RMB)

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

Unit: share

Number of ordinary Number of preferred shareholders with resumed voting

457130

shareholders rights (if any)

Top 10 shareholders (exclusive of shares lent in refinancing)

Sharehol Shares in pledge

Nature of ding Number of Restricte marked or frozen

Name of shareholder

shareholder percenta shares d shares Shar

Status

ge es

Domestic non-

Zibo Lucheng Textile Investment Co. Ltd. state-owned legal 17.17% 140353583 0 N/A 0

person

Foreign legal

Tailun (Thailand) Textile Co. Ltd. 14.10% 115232400 0 N/A 0

person

State-owned legal

Central Huijin Assets Management Co. Ltd. 2.43% 19884100 0 N/A 0

person

National Social Security Fund Portfolio 413 Other 1.81% 14760051 0 N/A 0

ICBC Credit Suisse Innovation Power Stock

Other 1.36% 11100000 0 N/A 0

Type Securities Investment Fund

2Lu Thai Textile Co. Ltd. Interim Report 2024 (Summary)

Dongfanghong Zhihua Three-Year Holding

Other 0.90% 7394950 0 N/A 0

Mixed Securities Investment Fund

National Social Security Fund Portfolio 502 Other 0.80% 6537940 0 N/A 0

Dongfanghong Jingdong Big Data Dynamic

Asset Allocation Mixed Securities Investment Other 0.77% 6324582 0 N/A 0

Fund

FEDERATED HERMES GLOBAL

INVESTMENT FD (CAYMAN) MASTER Foreign legal

0.77% 6309111 0 N/A 0

SPC OBOAFTAO FEDERATED HERMES person

EMG ASIA EQUITY FD MASTER S.P.Dongfanghong Dingyuan 3-Month Fixed Term

Open Mixed Initiating Securities Investment Other 0.73% 5927800 0 N/A 0

Fund

Zibo Lucheng Textile Investment Co. Ltd. is the largest

shareholder and the actual controller of the Company. Tailun

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

Related or acting-in-concert parties among the shareholders above and the foreign sponsor of the Company. All the other

shareholders are holding tradable A-shares or B-shares. And

it is unknown whether there is any related party or acting-in-

concert party among them.Shareholders involved in securities margin trading (if any) Naught

5% or greater shareholders top 10 shareholders and Top 10 unrestricted shareholders involved in refinancing shares lending

□Applicable □ Not applicable

Changes in top 10 shareholders and top 10 unrestricted shareholders due to refinancing shares lending/return compared with the

prior period

□Applicable □ Not applicable

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.

3Lu Thai Textile Co. Ltd. Interim Report 2024 (Summary)

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%

C

Second year: 0.6%

Convertible Corporate Con

8 April Third year: 1.0%

Bonds of Lu Thai verti 127016 9 April 2020 139984.77

2026 Fourth year: 1.5%

Textile Co. Ltd. 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 2024 31 December 2023

Debt/asset ratio 29.58% 28.39%

Item H1 2024 H1 2023

EBITDA-to-interest cover (times) 9.85 10.90

Part III Significant Events

The Proposal on Repurchase of Domestically Listed Foreign Shares (B-Share) 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. On 21 August 2023 the Company carried out the first repurchase. As of 21 February

2024 the Company had completed the implementation of above-mentioned Repurchase Plan of Domestically Listed Foreign

Shares (B-Share). The Company accumulatively repurchased 46176428 B-shares (5.35% of the Company’s total share capital).With the highest repurchase price being HKD4.80/share and the lowest being HKD4.53/share the total payment for this

repurchase plan was HKD218386229.84 (inclusive of commissions and alike).The Company completed the formalities for cancellation of the foregoing repurchased shares at the Shenzhen Branch of China

Securities Depository and Clearing Corporation Limited on 1 March 2024.Chairman of the Board: Liu Zibin

Lu Thai Textile Co. Ltd.

30 August 2024

4