中国利郎：截至二零二五年十二月三十一日止年度业绩公告

1234 AboutChina Lilang China Lilang is one of the leading PRC menswearenterprises. As an integrated fashion enterprise, theGroup designs, sources and manufactures high-qualitybusiness and casual apparel for men and sells under the“LILANZ” and “LESS IS MORE” brands across anextensive retail and distribution network in the PRC andoverseas. LILANZLESS IS MORE Contents Corporate Information2Financial Highlights4Chairman’s Statement6Management Discussion and Analysis12Corporate Governance Report38Biographical Details of Directors andSenior Management62Report of the Directors73Independent Auditor’s Report91Consolidated Statement of Profit or Loss andOther Comprehensive Income99Consolidated Statement of Financial Position100Consolidated Statement of Changes in Equity102Consolidated Statement of Cash Flows103Notes to the Financial Statements104Five Years Summary172 Corporate Information BOARD OF DIRECTORSEXECUTIVE DIRECTORS Mr. Wang Liang XingMr. Wang Cong XingMr. Pan Rong BinMr. Wang Jun HongMr. Wang Zhi Yong NON-EXECUTIVE DIRECTORS Mr. Wang Dong Xing(Chairman)Mr. Cai Rong HuaMr. Hu Cheng Chu INDEPENDENT NON-EXECUTIVE DIRECTORS Mr. Lai ShixianMr. Zhang ShengmanProf. Liao JianwenProf. Jiang Zhan BOARD COMMITTEES AUDIT COMMITTEE Mr. Zhang Shengman(Chairman)Mr. Lai ShixianProf. Liao JianwenProf. Jiang Zhan REMUNERATION COMMITTEE Mr. Lai Shixian(Chairman)Mr. Wang Cong XingMr. Zhang Shengman NOMINATION COMMITTEE Mr. Wang Dong Xing(Chairman)Mr. Zhang ShengmanProf. Liao JianwenProf. Jiang Zhan RISK MANAGEMENT COMMITTEE Mr. Wang Dong Xing(Chairman)Mr. Wang Cong XingMr. Pan Rong Bin ENVIRONMENTAL, SOCIAL AND GOVERNANCE COMMITTEE Mr. Wang Cong Xing(Chairman)Prof. Liao JianwenProf. Jiang ZhanMr. Song Chen COMPANY SECRETARY Mr. Shum Chi Chung Corporate Information(Continued) AUTHORISED REPRESENTATIVES Mr. Wang Dong XingMr. Shum Chi Chung REGISTERED OFFICE Cricket Square, Hutchins DriveP.O. Box 2681Grand Cayman, KY1-1111Cayman Islands Cricket Square, Hutchins DriveP.O. Box 2681Grand Cayman, KY1-1111Cayman Islands PRINCIPAL PLACE OF BUSINESS IN HONG KONG 89343402 Suite 340234th Floor, Lippo CentreTower OneNo. 89 QueenswayHong Kong HEAD OFFICE IN THE PRC 200 Lilang Creative Park200 Chang Xing RoadJinjiang CityFujian ProvinceThe PRC SHARE REGISTRARS AND TRANSFER OFFICES SUNTERA CAYMAN LIMITED SUNTERA (CAYMAN) LIMITED Suite 3204, Unit 2ABlock 3, Building DP.O. Box 1586Gardenia CourtCamana BayGrand Cayman, KY1-1100Cayman Islands Suite 3204, Unit 2ABlock 3, Building DP.O. Box 1586Gardenia CourtCamana BayGrand Cayman, KY1-1100Cayman Islands HONG KONG REGISTRAR 183171712-1716 Computershare Hong Kong Investor Services LimitedShops 1712-171617th Floor, Hopewell Centre183 Queen’s Road EastHong Kong AUDITOR KPMG, Certified Public Accountants(Public Interest Entity Auditor registered in accordance with the Accountingand Financial Reporting Council Ordinance) PRINCIPAL BANKERS Industrial Bank Co., Ltd.Agricultural Bank of China LimitedBank of China (Hong Kong) Limited Financial Highlights(Continued) Chairman’sStatement Lilang has upheld the belief that “Simplicitybut not Simple” is not merely a slogan,but a long-term commitment to quality,design and integrity. Looking ahead, we willsteadfastly implement our core strategy. To all shareholders, In 2025, the global economy remained in a phaseof structural adjustment, bring new challenges andopportunities. Benefiting from a series of supportivepolicies from the Central Government aimed atstabilizing growth and promoting consumption, theChinese economy demonstrated strong resilienceand vitality. Gross domestic product grew by 5.0%for the year, and the consumer market experienced amoderate recovery, providing a stable foundation forthe development of the retail industry. At the same time,new challenges arise as technological innovation andchange in consumption behavior has led to intensifiedindustry differentiation and competition. China Lilang Limited (the “Company” or “China Lilang”,collectively with its subsidiaries, the “Group”), as a leadingPRC menswear enterprise, seized such new developmentopportunities and steadfastly implemented its corestrategy “Multi-brands and Internationalization” over thepast year. It actively embraced change and strengthenedproduct innovation and digital empowerment, achievingsignificant breakthroughs in multiple areas and deliveredsatisfactory results. 5.0% Chairman’s Statement(Continued) 4,069.711.5%9.0%502.441.96 During the year ended 31 December 2025, the Group recorded double-digit growth in both revenue and profit. Revenue for the year wasRMB4,069.7 million, representing a significant increase of 11.5% comparedwith the prior year. Profit attributable to equity shareholders increased by9.0% to RMB502.4 million, with earnings per share of RMB41.96 cents. 133191.6 The Board recommends a final dividend of HKD13 cents per share anda special final dividend of HKD3 cents per share, totaling approximately