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
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Lu 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) 2,840,491,262.47 3,330,294,463.25 -14.71%
Net profit attributable to the listed company’s shareholders
221,647,998.15 393,950,852.46 -43.74%
(RMB)
Net profit attributable to the listed company’s shareholders
before exceptional gains and losses (RMB) 191,809,861.94 365,579,229.64 -47.53%
Net cash generated from/used in operating activities (RMB) 148,610,216.98 117,482,408.74 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) 13,573,972,109.67 13,351,097,602.03 1.67%
Equity attributable to the listed company’s shareholders
9,256,925,049.09 9,014,156,872.71 2.69%
(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 53,240 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% 140,353,583 0
Ltd.
person
Foreign legal
Tailun (Thailand) Textile Co., Ltd. 13.69% 118,232,400 0
person
Central Huijin Assets Management Co., State-owned legal
2.30% 19,884,100 0
Ltd. person
National Social Security Fund Portfolio
Other 1.54% 13,260,051 0
413
ICBC Credit Suisse Innovation Power
Other 1.38% 11,910,000 0
Stock Type Securities Investment Fund
ICBC Credit Suisse Selected Balanced
Other 0.84% 7,230,000 0
Mixed Securities Investment Fund
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Lu Thai Textile Co., Ltd. Interim Report 2023 (Summary)
FEDERATED HERMES GLOBAL
INVESTMENT FD (CAYMAN)
Foreign legal
MASTER, SPC OBOAFTAO 0.61% 5,259,028 0
person
FEDERATED HERMES EMG ASIA
EQUITY FD MASTER S.P.
Dacheng China Securities Asset
Other 0.61% 5,235,900 0
Management Plan
GF China Securities Asset Management
Other 0.56% 4,833,300 0
Plan
Yinhua China Securities Asset
Other 0.50% 4,320,212 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’0,000)
LTT First year: 0.3%
Convertible Corporate
C 8 April Second year: 0.6%
Bonds of Lu Thai 127016 9 April 2020 139,985.14
Con 2026 Third year: 1.0%
Textile Co., Ltd.
verti Fourth year: 1.5%
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Lu 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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