China Lilang Limited released its unaudited results for the six months ended 30 June 2026.

Financial Performance • Revenue grew 19.5 % year on year to RMB 2.06 billion, driven by resilient domestic demand and expanded new-retail channels. • Gross profit rose 16.3 % to RMB 1.01 billion; gross margin narrowed 1.3 percentage points to 48.9 % as value-for-money and outlet sales weighed on average selling price. • Operating profit declined 10.5 % to RMB 232.8 million, and profit attributable to equity shareholders fell 11.2 % to RMB 215.4 million. • Basic and diluted earnings per share came in at RMB 18.0 cents (2025 H1: RMB 20.2 cents). • Net finance income dropped to RMB 17.1 million (2025 H1: RMB 31.8 million). • Effective tax rate stood at 17.3 %.

Dividend The Board declared an interim dividend of HK 10 cents per share and a special interim dividend of HK 4 cents per share, totalling approximately RMB 145.40 million, payable on or around 23 September 2026 to shareholders on record as of 4 September 2026.

Segment Breakdown • Core “LILANZ” collection revenue: RMB 1.34 billion, up 12.7 %. • “LESS IS MORE” smart-casual & other collections: RMB 722.9 million, up 34.7 %. • Tops accounted for 65 % of sales (+25.0 % YoY); pants 24.7 % (+18.7 % YoY).

Regional Performance • Eastern China: RMB 976.5 million, +27.5 %. • North-Eastern China: RMB 105.2 million, +31.2 %. • Central & Southern China: RMB 394.8 million, +1.4 % (impacted by DTC transition costs in Hubei). • Overseas markets (mainly Malaysia): RMB 5.9 million, +1,080 %.

Operational Highlights • New-retail revenue surged 39.0 %, supported by Tmall, JD.com, TikTok and new channels such as Pinduoduo and WeChat Channels. • Store network totalled 2,820 outlets (net +3), with shopping-mall & outlet stores representing 40.1 % of total count and 44.9 % of retail floor area. • Direct-to-consumer (DTC) model extended to Hubei; 367 core-collection DTC stores now account for 13.0 % of the brand’s network. • Inventory turnover lengthened to 250 days (2025 H1: 231 days); inventory stood at RMB 1.44 billion. • Cash and bank balances totalled RMB 2.65 billion versus short-term bank loans of RMB 768.37 million, leaving the Group in a net cash position.

Capital Commitments and ESG • Outstanding capital commitments amounted to RMB 63.53 million, mainly for logistics-centre expansion and automation upgrades. • The Group’s CSI ESG rating was upgraded to BBB in April 2026; the 2025 ESG report was issued in March 2026.

Outlook Management will prioritise DTC rollout, channel upgrade and new-retail expansion, target full-year retail value growth of no less than 10 %, and continue to advance its multi-brand and internationalisation strategies while maintaining disciplined cost and inventory control.