5, 60, And Then Hired 4000 Yuan From Lu Tai'S Sole Monthly Allowance. The Biggest Textile Manufacturer In Shandong Earned 800 Million Last Year.

Lu Tai textile Limited by Share Ltd (hereinafter referred to as "Lu Tai A") issued a notice on May 15th that according to the work of the company's independent directors and the actual situation of the company, the company proposed to grant 4000 yuan (including tax) allowance to each of the ninth independent directors during the tenure of office, and the actual expenses incurred to attend the company's board of directors and work for the company were borne by the company. At present, the motion has been considered and approved by the twenty-seventh session of the eighth session of the board of directors.

It is understood that the eighth term of the board of directors of A will expire in June 5th, and the eighth board nomination committee will nominate Ms. Bi Xiuli, Mr. Zhou Zhiji, Ms. Pan Ailing, Mr. Wang Xinyu and Qu Dongmei as candidates for the independent board of the ninth board of the A. The motion has been deliberated and adopted by the twenty-seventh session of the eighth board of directors.

1, Bi Xiuli: female, born in 1967, education: Master of laws. Now he is a partner of the law firm of de Heng, and is a Chinese legal consultant of Li Weibin law firm in Hongkong. The main areas of practice are listing, mergers and acquisitions, restructuring, private equity financing, venture capital and so on.

2, Zhou Zhiji, male, born in 1963, bachelor degree, certified public accountant and senior accountant in China. Now he is the supervisor of Shandong golden balance Consulting Company Limited.

3, Pan Ailing: female, born in 1965, Ph.D. in economics, postdoctoral fellow in financial management. Now he is a professor in Shandong University's management school, a doctoral supervisor, a leading accountant, a director of investment and financing research center of Shandong University, a non certified member of China's certified public accountants, a member of the Shandong Provincial Association of directors, a standing member of the Shandong Comparative Management Research Association, a visiting professor of Taiwan's Soochow University, a visiting scholar of the University of Connecticut, a national candidate for the "ten million talents project" in the new century, and a special expert in the new century of the Ministry of education.

4, Wang Xinyu: male, born in 1967; postgraduate degree, Chinese certified public accountant, certified tax collector and certified asset evaluator. He is currently a senior partner of Lynda accounting firm (special general partnership) and director of Shandong branch.

5, Qu Dongmei: female, born in 1969, Ph. D. in economic law.

He is currently a professor at Shandong Normal University law school, a master's supervisor in civil and commercial law, and a member of the Council of European and American students.

He is currently a lawyer of Guo Hao lawyer (Ji'nan), an arbitrator of the Ji'nan Arbitration Commission, and has an insurance broker license from Illinois.

According to public information, Lu Tai A is a textile and garment enterprise group with integrated vertical production capacity, which integrates cotton planting, spinning, dyeing, weaving, finishing and clothing. It mainly produces and sells products of middle and high grade shirts, dyed fabrics, garments and other products.

Lu Tai A is currently the world's largest manufacturer of high-grade yarn dyed fabrics and the first line brand shirt manufacturer in the world. Its performance has been the top ten in the cotton textile industry for many years.

According to the financial report, in 2018, Lu Tai A achieved operating income of 6 billion 880 million yuan, an increase of 7.33% over the same period last year, with net profit of 812 million, down 3.52% from the same period last year, earning 0.9 yuan per share, 7.75 yuan of net assets per share and 11.24% of net assets yield.