Introduction of the Group

Luthai Group is an industry association with Luthai Textile Co., Ltd. as the parent company, with 12 held subsidiaries and 11 affiliated companies and with total assets of RMB 13.5 billion, net assets of 10.37 billion and more than 30000 employees. Luthai Textile is a listed corporation with A shares and B shares and a textile and garment enterprise whose production lines including cotton breeding, cotton planting, spinning, dyeing, weaving, finishing and shirts sewing to one point, with complete market chain of dual brands; the affiliated company relates to the industries such as electricity and environmental protection.

The production and business performance operating results of Luthai Textile always rank the very front in the textile industry in China and it has a high-quality long-staple cotton base of 12,000 hectares, with annual production amounts of yarn-dyed fabrics of 220 million meters, piece-dyed fabrics of 85 million meters and shirts of 30 million pieces and 80% of the products sold to more than 30 countries and regions such as America, Europe and Japan. The export market share of the company`s high-quality yarn-dyed fabrics occupy 18% of the global market, so it is currently the largest high-quality yarn-dyed fabric manufacturer and international top-brand shirt supplier in the world.

The company is now recognized as national enterprise technology center, national laboratory and high-tech enterprise and has gained a series of big awards and honors in succession such as “China Quality Guarantee and Credible Enterprise”, “China Top Ten Textile Brand Cultures”, “China Social Responsibility Performance Five-Star Enterprise”, “China Top 50 Textile Brand Cultures”, “National Model Enterprise of Informationalization an Industrialization Integration in Textile Industry”, “National Model Enterprise in Advanced Party Building in Textile Industry”, “Top 30 Culture Competitiveness” upon 35th anniversary of reform and opening up, “National Quality Award”, Third “China Industry Award”, “Global Performance Excellence Award (World Class)” and “National Science and Technology Progress Award”.

Facing the domestic “New Normal” in new situation and the increasingly complex competitive environment in international market, the company, under the idea of “reaching the peak without intention”, will firmly conform to the business vision of “Creating World-level First Class Quality and Century-long Luthai”, scrupulously abide by the value of Luthai, take revitalization of the national textile industry as the responsibility, adhere to the scientific concept of development, adopt the new road of industrialization and make contribution to the creation of textile power, to promote the change from “Made in China” to “Created in China”, from China speed to China quality” and from Chinese product to Chinese brand”.