Hunan Yujing Machinery Co.Ltd(002943) : annual performance forecast in 2021

Securities code: 002943 securities abbreviation: Hunan Yujing Machinery Co.Ltd(002943) Announcement No.: 2022-006 Hunan Yujing Machinery Co.Ltd(002943)

Annual 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: √ loss \uf0f0 turning loss into profit \uf0f0 rising in the same direction \uf0f0 falling in the same direction

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

Loss attributable to listed companies: 6 million yuan – 10 million yuan loss: 5.975 million yuan

Net profit of shareholders

Deducting non recurring losses: 9 million yuan – 14 million yuan loss: 20.664 million yuan

Net profit after profit

Loss of basic earnings per share: 0.06 yuan / share - 0.10 yuan / share loss: 0.06 yuan / share

The operating income is 420 million yuan - 460 million yuan and 365.29 million yuan

After deduction, the operating income is 420 million yuan - 460 million yuan and 360.9703 million yuan

Note: the operating income after deduction in the above table refers to the operating income after deducting the business income irrelevant to the main business and the income without commercial substance. 2、 Communication with accounting firms

The relevant data of this performance forecast is the preliminary calculation result of the company's financial department and has not been audited by an accounting firm. Matters related to the company's employment performance forecast have been pre communicated with the annual report audit accounting firm, and there is no difference between the company and the accounting firm in the performance forecast of this reporting period.

3、 Explanation of performance changes 1. In order to enrich the company's product types and expand product application fields, the company increased investment in multi wire cutting machines, diamond wire products and carbon carbon thermal field series products, further improved the overall layout of the photovoltaic industry chain and benefited from the development of the photovoltaic industry. During the reporting period, the company's multi wire cutting machine products The sales of diamond wire cutting consumables increased significantly compared with the same period last year. At the same time, the operating income of the company in the reporting period was realized after the carbon heat field series products of the newly established holding subsidiary were put on the market. Therefore, the operating income of the company in the reporting period increased significantly compared with last year; 2. The net profit attributable to the shareholders of the listed company in the reporting period is negative, mainly because the company has accrued a large amount of bad debt reserves for notes receivable, accounts receivable and inventory falling price reserves. (1) In order to more reasonably reflect the expected future credit loss of notes receivable and provide investors with more reliable and accurate accounting information, the company, in accordance with the relevant provisions of the accounting standards for Business Enterprises No. 22 - recognition and measurement of financial instruments, refers to the accrual methods of bad debt reserves of Companies in the same industry, Provision for bad debts has been made for commercial acceptance bills receivable at the end of the reporting period; (2) Due to the pre reorganization of the company's individual debtors, acceptance of bankruptcy liquidation and other reasons, based on careful consideration, the company makes a single provision for bad debts of accounts receivable; (3) Due to product renewal and iteration, process optimization and other reasons, some inventories have the risk of impairment. In order to more objectively and fairly reflect the company's financial status and operating results, combined with the current situation and the prediction of future economic conditions, the company has accrued a large amount of inventory falling price reserves for inventories. 4、 Other relevant instructions

This performance forecast is the preliminary calculation result of the company's finance department. It has not been audited by an accounting firm. The specific financial data are subject to the 2021 annual report disclosed by the company. Please pay attention to the investment risk.

It is hereby announced.

Hunan Yujing Machinery Co.Ltd(002943) board of directors January 28, 2022

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