Kuang-Chi Technologies Co.Ltd(002625) : annual performance forecast in 2021

Securities code: 002625 securities abbreviation: Kuang-Chi Technologies Co.Ltd(002625) Announcement No.: 2022-010 Kuang-Chi Technologies Co.Ltd(002625)

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: \uf0f0 loss \uf0f0 turning loss into profit √ 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

Profit attributable to listed companies: 250 million yuan - 320 million yuan profit: 163.1694 million yuan

The net profit of shareholders increased by 53.22% - 96.12% over the same period of last year

Profit after deducting non recurring losses: 22 million yuan - 290 million yuan profit: 130.8732 million yuan

Net profit after profit

Year on year growth: 68.10% - 121.59%

Basic earnings per share: 0.12 yuan / share -0.15 yuan / share; earnings per share: 0.08 yuan / share

2、 Communication with accounting firms

This performance forecast has not been pre audited by an accounting firm. The company has conducted pre communication with the accounting firm on this performance forecast. So far, there is no significant difference between the two sides in this performance forecast, and the specific data shall be subject to the audit results.

3、 Explanation of performance change reasons

The main reasons for the change of the company's annual operating performance in 2021 are:

The competitive advantages of the company's metamaterials products are prominent. Many R & D projects participated in by the company in the early stage have entered the batch production stage, the batch production revenue has increased significantly, and the metamaterials business has increased rapidly compared with the same period of last year; Due to the rising price of bulk commodity raw materials, the gross profit margin of the company's auto parts business decreased compared with the same period of last year.

The above factors led to a significant increase in the company's net profit and net profit after deduction in 2021 compared with the same period last year.

4、 Other relevant instructions

This performance forecast is the preliminary calculation result of the company's financial department. The specific financial data of the company's annual performance in 2021 shall be subject to the 2021 annual report disclosed by the company. Please make careful decisions and pay attention to investment risks.

It is hereby announced.

Kuang-Chi Technologies Co.Ltd(002625)

Board of directors

January 29, 2002

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