North Industries Group Red Arrow Co.Ltd(000519) : 2021 annual performance forecast

Securities code: 000519 securities abbreviation: North Industries Group Red Arrow Co.Ltd(000519) Announcement No.: 2022-12 North Industries Group Red Arrow Co.Ltd(000519)

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

(I) performance forecast period

January 1, 2021 – December 31, 2021

(II) performance forecast

Expected operating performance: turning loss into profit, rising and falling in the same direction

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

Profit attributable to listed companies: 45 million yuan – 49 million yuan

Net profit of shareholders: 274.56 million yuan, an increase of 63.90% – 78.47% over the same period of last year

Profit after deducting non recurring losses: 445 million yuan – 485 million yuan

Net profit after profit: 240.38 million yuan, an increase of 85.12% – 101.76% over the same period of last year

Basic earnings per share: 0.323 yuan / share – 0.352 yuan / share earnings: 0.197 yuan / share

2、 Communication with accounting firms

The performance forecast has not been pre audited by certified public accountants, but the company has pre communicated with the accounting firm on matters related to the performance forecast, and 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

During the reporting period, the board of directors of the company resolutely implemented the decisions and arrangements of the CPC Central Committee and the State Council on building a new development pattern, took scientific and technological innovation as the driving force, took high-quality development as the main line, adhered to the synchronous implementation of steady growth and structural adjustment around the strategic objectives, comprehensively promoted deepening reform, supplemented weaknesses and strengthened the foundation, continuously improved business quality and improved business efficiency.

In terms of civil products, the key areas and key links have been continuously improved, the scientific research transformation ability and the contribution ability of new products have been continuously enhanced, and the special activities to improve quality and efficiency have achieved remarkable results; The overall market demand for existing products has increased steadily, and the operating efficiency has increased steadily. In terms of special equipment products, the scientific research and production of key equipment have been steadily promoted, and the annual production and delivery tasks of equipment have been fully completed.

4、 Other relevant instructions

The performance forecast is the preliminary accounting result of the company’s financial department, which is still uncertain. The specific data will be disclosed in detail in the company’s 2021 annual report. Please pay attention to the investment risk.

It is hereby announced.

North Industries Group Red Arrow Co.Ltd(000519) board of directors

January 28, 2022

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