Lu Tai Textile (000726):A Shares Can Be Passed By Switching Company Bond Program.

Reporters from the Shenzhen stock exchange's official website learned that in the afternoon of September 16th, Lutai textile Limited by Share Ltd (Lutai textile.000726.SZ) convened the third temporary shareholders' meeting in 2019. The conference voted on the spot and voted with the Internet to vote on the company's public offering of A shares and the motion of Switching Company bond scheme and related motions. All motions were approved.

It can be seen from the announcement that the shareholders and shareholders' agents who participated in this meeting were 52, representing 356 million 201 thousand and 849 shares, accounting for 41.509% of the total 858 million 121 thousand and 541 shares of the company's voting shares. Among them, B Shareholders and shareholders' agents are 12, representing 186 million 466 thousand and 441 shares, accounting for 62.945% of the total number of voting shares of the B-share holders of the company. The shareholders and shareholders' representatives who attended the meeting were 13, representing 329 million 264 thousand and 250 shares, accounting for 38.370% of the 858 million 121 thousand and 541 shares of the company's voting shares. Among them, B Shareholders and shareholders' agents are 9, representing 186 million 436 thousand and 941 shares, accounting for 62.935% of the total number of voting shares of the B-share holders of the company. In addition, some directors, supervisors, senior management personnel and witnesses lawyers employed by the company attended the meeting.

With regard to the motion of the A shares issued by Lu Tai textile to the Switching Company bond program, 92.609% of the participants agreed to the motion, 7.388% objected and 0.003% abstained. Among them, 72.758% of the small and medium investors agreed to the bill, 27.232% of the small and medium-sized investors objected, and 0.010% of the small and medium investors abstained. Finally, according to the result of the vote, the motion was passed.

Lu Tai textile Limited by Share Ltd is a foreign invested joint-stock enterprise. It was founded in 1988. Its headquarter is located in Zibo City, Shandong province. The legal representative is Liu Zibin. Rutai textile sets the design, development, production and sale of textiles, clothing and accessories, and is mainly engaged in export trade. Its products are sold to more than 30 countries and regions such as the United States, the European Union, Japan and so on. The export market share of high-grade yarn dyed fabrics accounts for 18% of the global market. The company's production and operation performance has always been the forefront of the textile industry in the whole country. 70%. According to the semi annual report of Lu Tai textile in 2019, the company's semi annual operating income was 3 billion 185 million yuan, a decrease of 2.89% compared with the same period last year, and the net profit attributable to shareholders of listed companies was 411 million yuan, an increase of 9.03% over the same period last year.