Lutai A promotes the growth of international production capacity in the first half of the year

China Securities Reuters Lutai A 000726, consultation shares August 29 semi-annual report released late show from January to June, the company achieved operating income of 2.99 billion yuan, operating profit of 490 million yuan, net profit attributable to shareholders of listed companies The net profit of 393 million yuan and deductive loans was 385 million yuan, up 5.62%, 17.03%, 14.05% and 15.56%, respectively. The earnings per share was 0.43 yuan, maintaining a healthy, stable and sustainable development trend.

In the first half of the year, Lutai A continued to promote the international production capacity layout, and steadily promoted the activities of “quality improvement and efficiency improvement” and “market service deepening year”. The overseas projects progressed smoothly and basically realized the company's design expectations. At the same time, the company actively optimizes the product structure, highlights the development of new products and customized products, and promotes new products according to the characteristics of different markets. In particular, it conducts customized R&D services for more than 40 products for key customers to meet customer needs and market trends. . In the report period, the company was rated as “National Color-dyed Fabric Trend Research Center” by China Textile Information Center and National Textile Product Development Center, and was rated as “Top 20 Enterprises in China Printing and Dyeing Industry” by China Printing and Dyeing Industry Association.

Beijing Lutai You Fiber E-Commerce Co., Ltd., a subsidiary of the company, provides consumers with high-quality tailor-made services, continuously expands the scope of users, and opens up new avenues for the company's ready-to-wear brand promotion.

According to the semi-annual report, the company has a complete industrial chain and international layout. It has cotton planting, spinning, bleaching, weaving, finishing, and the complete industrial chain of garment manufacturing, and therefore has all aspects of high-grade yarn-dyed fabric production. Cost advantage. The company has established production bases in Cambodia, Myanmar, Vietnam and other countries, established design institutes in Italy, established market service agencies in the United States, fully utilized international resources, realized international industrial layout, and consolidated the company's leading international yarn-dyed fabric production. status.

Now, Lutai A has become the world's largest manufacturer of high-grade yarn-dyed fabrics and international first-line brand shirts. It has developed a scientific development path based on traditional textiles, such as green, low-carbon, technology and humanities. Has always been at the forefront of the national yarn-dye industry. 70% of the company's products are sold to more than 30 countries and regions such as the United States, the European Union, and Japan. Among them, the company's own brand fabric exports account for more than 70%. At present, the company's yarn-dyed fabric production capacity has accounted for about 18% of the global high-end shirt yarn-dyed fabric market.

It is worth noting that the company and its subsidiaries have also strictly implemented the “three simultaneous” management system for environmental protection of construction projects, supporting the construction of comprehensive exhaust gas and wastewater treatment facilities, and maintaining good synchronous operation with the main production facilities. In April 2017, the company was rated as “the fourth low-carbon Shandong industry leader” by 9 units including Shandong Economic and Information Technology Commission.

Lutai A's good "blue-chip nature" has won the favor of the "national team." Among them, Central Huijin and Zhengjin Company became the fourth and sixth largest shareholder with a shareholding ratio of 2.20% and 1.70% respectively, becoming the largest shareholding institution except B shares, Huaan Xinsi Road theme stock type securities investment fund, first domain China's A-share funds also carried out a large-scale increase in the first half of the year. As of June 30, the company had 61,000 shareholders, which has continued to decline since the end of 2016. (王屹)