Beijing Unistrong Science & Technology Co.Ltd(002383) : it is estimated that the net profit in 2021 will be 25 million yuan ~ 37.5 million yuan

Beijing Unistrong Science & Technology Co.Ltd(002383) the performance forecast was released on January 28. It is estimated that the net profit attributable to the shareholders of the listed company will be 25 million yuan to 37.5 million yuan in 2021, turning losses into profits. The basic earnings per share ranged from 0.0338 yuan to 0.0507 yuan. The loss of basic earnings per share in the same period of last year was 1.4789 yuan. The main reason for the change in performance is that the joint-stock company Beidou Navigation Technology Co., Ltd. is engaged in the communication integration business. During the reporting period, there was a concentrated breach of contract in which the customer’s payment was overdue and the supplier’s supply was overdue. The relevant accounts receivable and prepayments were at risk of being unrecoverable and the inventory could not be realized in full. In view of the above operational risks, the company, in combination with the actual situation of the communication integration business and the progress of relevant litigation, and based on the principle of prudence, made an asset impairment provision of 80 million yuan for this long-term equity investment during the reporting period, and made an investment loss of about 300 million yuan according to the asset loss of Beidou navigation’s own statement, with a total impact on the net profit of about – 380 million yuan.

From January to June 2021, Beijing Unistrong Science & Technology Co.Ltd(002383) ‘s main revenue composition is: satellite navigation system technology development and equipment manufacturing accounted for 100.0%.

The chairman of Beijing Unistrong Science & Technology Co.Ltd(002383) is Guo Xinping, male, 57 years old, with a master’s degree background; The general manager is Wu Yue, female, 51 years old, with a bachelor’s degree.

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