鲁泰B：2024年年度报告摘要(英文版)

Stock Code: 000726, 200726 Stock Name: LTTC, LTTC-B Announcement No. 2025-011Bond Code: 127016 Bond Name: LTTC Convertible Bonds

LU THAI TEXTILE CO., LTD.ANNUAL REPORT 2024 (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 disclosedtogether 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 final cash and/or stock dividend plan for ordinary shareholders for the Reporting Period:

? Applicable □ Not applicableBonus issue from capital reserves:

□ Yes ? No

The Board has approved a final dividend plan as follows: based on the share capital of 817,306,010 shares, a cash dividend ofRMB1.00(tax inclusive) per 10 shares is to be distributed to the shareholders, with no bonus issue from either profit or capitalreserves.Board-approved final cash and/or stock dividend plan for preferred shareholders for the Reporting Period:

□ Applicable ? Not applicable

Part II Key Corporate Information

1. Stock Profile

2. Principal Activities or Products in the Reporting Period

Lu Thai has always adhered to its mission of “clothing the world and weaving our way to every corner of the globe, greenintelligence manufacturing, and improving lives”, as well as to its values of “customer first, striving for progress, pursuing excellence,and integrity for win-win outcome”. It has gradually become a textile and garment enterprise group with comprehensive and verticalproduction capacities integrating spinning, bleaching and dyeing, weaving, afterfinish and clothing manufacture. Lu Thai producesand sells middle and high-grade yarn-dyed fabric, dyeing fabric, functional fabric and knitted fabric for shirts, as well as garment. Itclaimed 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 itsservice philosophy. Lu Thai has become the world’s largest high-grade yarn dyed fabric producer and a world-class premium shirtprovider. It had paved its development pattern featured in going green, low-carbon growth, science and technology and humanism.Over 60% of Lu Thai’s products are exported to over 60 countries and regions. Moreover, the Company has established strategicpartnership 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

(2) Key Financial Information by Quarter

Unit: RMB

Indicate by tick mark whether any of the quarterly financial data in the table above or their summations differs materially from whathave 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 asHoldings of Top 10 Shareholders

Unit: share

Participation of shareholders with a shareholding bigger than 5%, the top ten shareholders, and the top ten shareholders of non-restricted tradable shares in the lending of shares through refinancing

□ Applicable ? Not applicable

Changes in the top ten shareholders and the top ten shareholders of non-restricted tradable shares from the previous Period due tolending/return through refinancing

□ Applicable ? Not applicable

(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

(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 changedcompared with that of the same period of last year.

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

Unit: RMB’0,000

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

Zibo Lucheng Textile Investment Co., Ltd.

Zibo Lucheng Textile Investment Co., Ltd.Lu Thai Textile Co., Ltd.

of Directors and the First Extraordinary General Meeting of 2023. As such, an amount of no more than RMB200 million would beused to repurchase shares, with a price limit of HKD4.80 per share, within 12 months from the date when the share repurchase planwas approved at the general meeting. On 21 August 2023, the Company first implemented a repurchase plan. As at 21 February 2024,the repurchase of the Company's B-shares listed domestically had been completed, with a total of 46,176,428 shares repurchased,accounting for 5.35% of the total share capital. The highest repurchase price was HKD4.80 per share, and the lowest was HKD4.53per share. The total payment amounted to HKD218,386,229.84 (including commissions, etc.).On 1 March 2024, the repurchased B-shares were cancelled and the procedure was completed with China Securities Depository andClearing Corporation Limited Shenzhen Branch. For details, see the relevant announcement (No.: 2024-015) disclosed on 2 March2024 on www.cninfo.com.cn.

Chairman of the Board: Liu Zibin

Lu Thai Textile Co., Ltd.

10 April 2025