Guangdong Songfa Ceramics Co.Ltd(603268) the performance forecast was released on January 28. It is expected that the net profit attributable to the shareholders of the listed company in 2021 will be a loss compared with the same period of the previous year, and the net profit attributable to the shareholders of the listed company will be – 334 million yuan to – 276 million yuan. The main reason for the change in performance is that affected by the “double reduction policy”, Beijing Minmin Brother Enterprises Holding Co.Ltd(002562) Development Co., Ltd., the holding subsidiary of the company, as the network service provider of after-school training institutions, the relevant business income and profitability have decreased significantly. Based on the principle of prudence, the company plans to make provision for impairment of goodwill related to the acquisition of Min brothers in 2017. After preliminary calculation, it is estimated that the provision for goodwill impairment of Min brothers will be fully withdrawn in 2021, about 211 million yuan. Affected by the decline of the US dollar exchange rate, the rise in the price of raw materials such as natural gas and the EU anti circumvention, the net profit of Chaozhou Lianjun Ceramics Co., Ltd., a wholly-owned subsidiary of the company, decreased significantly in 2021, showing signs of impairment of goodwill. After preliminary calculation, the recoverable balance of Lianjun ceramic asset group is less than the book value, and the provision for goodwill impairment is expected to be 28 million yuan to 39 million yuan.
From January to June 2021, Guangdong Songfa Ceramics Co.Ltd(603268) ‘s main revenue composition is: ceramics industry accounts for 90.48%, hotel supplies industry accounts for 6.81%, and online education live broadcasting service and open class sales and broadcasting platform account for 2.71%.
The chairman of Guangdong Songfa Ceramics Co.Ltd(603268) is Lu Kun, male, 36 years old, with a master’s degree background; The general manager is Lin Peiqun, male, 30 years old.
