City Development Environment Co.Ltd(000885) : 2021 annual performance forecast

Securities code: 000885 securities abbreviation: City Development Environment Co.Ltd(000885) Announcement No.: 2022-013 City Development Environment Co.Ltd(000885)

Performance forecast for 2021

The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.

1、 Expected performance of the current period

1. Performance forecast period: January 1, 2021 to December 31, 2021

2. Expected performance: rising in the same direction

The current reporting period of the project is the same period of last year

Profit attributable to listed companies: 880 million yuan – 1140 million yuan

Net profit of shareholders: 614157400 yuan, an increase of 43.29% – 85.62% over the same period of last year

Profit after deducting non recurring losses: 830 million yuan – 1090 million yuan

Net profit after profit: 626.4925 million yuan, an increase of 32.48% – 73.98% over the same period of last year

Basic earnings per share: 1.3705 yuan / share – 1.7755 yuan / share earnings: 1.0763 yuan / share

2、 Communication with accounting firms

The financial data related to the performance forecast has not been audited by certified public accountants. The company has pre communicated with the accounting firm on matters related to the performance forecast. There is no difference between the company and the accounting firm in the performance forecast of the reporting period.

3、 Explanation of performance change reasons

The net profit of the company in 2021 increased compared with the same period of the previous year, mainly due to the normal vehicle toll charge of the company during the reporting period, the continuous development of the environmental protection business sector, the transfer of some waste power generation projects to operation, and the increase of business income and profit.

4、 Other relevant instructions

This performance forecast is the preliminary calculation result of the company’s financial department, which has not been audited by certified public accountants. The specific financial data shall be subject to the 2021 annual report disclosed by the company. Please make careful decisions and pay attention to investment risks.

It is hereby announced.

City Development Environment Co.Ltd(000885) board of directors

January 28, 2022

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