Securities code: 600699 securities abbreviation: Ningbo Joyson Electronic Corp(600699) Announcement No.: pro 2022-003 Ningbo Joyson Electronic Corp(600699)
About the receipt from Shanghai Stock Exchange to the company
Announcement of inquiry letter on matters related to 2021 annual performance forecast
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
Ningbo Joyson Electronic Corp(600699) (hereinafter referred to as "the company") received the inquiry letter on matters related to Ningbo Joyson Electronic Corp(600699) performance forecast (szgh [2022] No. 0108) (hereinafter referred to as "the inquiry letter") from Shanghai Stock Exchange (hereinafter referred to as "the Shanghai Stock Exchange") on January 28, 2022. Now the specific contents of the inquiry letter are announced as follows: " Ningbo Joyson Electronic Corp(600699) :
On January 28, 2022, the company submitted and disclosed the annual performance forecast for 2021. It is estimated that the net profit attributable to the shareholders of the listed company will be - 3.18 billion yuan to - 3.78 billion yuan, and the net profit after deduction will be - 3.28 billion yuan to - 3.88 billion yuan, which is quite different from the performance disclosed in the third quarterly report of 2021. The main reason for the performance loss in advance is the decrease in operating revenue and gross profit year on year. At the same time, the large impairment of long-term assets (including goodwill) has affected the net profit of 2-2.5 billion yuan. In view of the above, in accordance with the provisions of article 13.1.1 of the stock listing rules of the exchange, your company is hereby requested to supplement and disclose the following matters.
1. The company disclosed in the third quarterly report of 2021 that the net profit attributable to the shareholders of the listed company was 18.0523 million yuan. The amount of advance loss disclosed this time, excluding the impact of asset impairment, still produced a large annual loss. The company is requested to make supplementary disclosure: (1) the specific reasons for the company's loss and the corresponding loss amount; (2) Analyze the main factors causing the company's large loss in the fourth quarter, such as the situation of the contract industry and the company's business characteristics, and check whether there is any situation that improper profit adjustment is used to damage the interests of investors.
2. A number of mergers and acquisitions of the company in recent years have led to the continuous growth of goodwill. The third quarterly report of 2021 shows that the book balance of goodwill is 7.169 billion yuan, accounting for 39% of net assets, but no large amount of goodwill impairment has been accrued in the early stage. The one-time provision for impairment of long-term assets (including goodwill) accounts for about 13.6% of net assets. The company is requested to make supplementary disclosure: (1) the specific circumstances of the current provision for impairment, the specific reasons for impairment and the adequacy and rationality of the amount of impairment; (2) Whether the provision for goodwill impairment in previous periods is sufficient and accurate, whether it complies with the relevant provisions of the accounting standards for business enterprises and whether it meets the requirements of prudence; (3) Combined with the cumulative investment and income of the underlying assets, explain whether the early acquisition decision is prudent and whether the directors, supervisors and senior managers are diligent and responsible.
3. This announcement shows that the company's annual operating revenue and gross profit have declined due to the global chip shortage and the rise of raw material prices and transportation costs. The company is requested to supplement and disclose the solutions and countermeasures taken and proposed to be taken by the company for the decline of performance in combination with the current operation, finance and other aspects, and fully reveal the relevant risks.
Please disclose this inquiry letter immediately after receiving the letter. Your company shall earnestly implement the requirements of this inquiry letter, disclose the reply content within 5 trading days, and do a good job in the preparation and disclosure of subsequent annual reports. "
The company will actively prepare the reply according to the requirements of the inquiry letter, reply to the above questions as soon as possible and fulfill the obligation of information disclosure in time. All information of the company is disclosed on the designated information disclosure media of the company, Shanghai Securities News and the website of Shanghai Stock Exchange（ http://www.sse.com.cn. ）The information published on the shall prevail. Please pay attention to relevant announcements and pay attention to investment risks.
It is hereby announced.
Ningbo Joyson Electronic Corp(600699) board of directors January 29, 2022
