Securities code: 002700 securities abbreviation: St Haoyuan Announcement No.: 2022-006
Xinjiang Haoyuan Natural Gas Co.Ltd(002700)
2021 annual performance forecast
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
(I) performance forecast period: January 1, 2021 to December 31, 2021
(II) performance forecast: the expected net profit is negative
The current reporting period of the project is the same period of last year
Loss attributable to listed companies: 140 million yuan to 21 million yuan loss: net profit of shareholders of 201.1527 million yuan
Net profit after deducting non recurring loss: 138 million yuan – 206 million yuan loss: 222.3915 million yuan profit
Loss of basic earnings per share: 0.33 yuan / share – 0.50 yuan / share loss: 0.48 yuan / share
2、 Communication with accounting firms
This performance forecast has not been pre audited by certified public accountants. The company has made pre communication with the accounting firm providing annual audit services for the company on this performance forecast, and there is no significant difference between the two sides on this performance forecast.
3、 Explanation of performance change reasons
1. The expected provision for credit impairment loss in the current period is 235.8032 million yuan, of which 226.531 million yuan is expected to be withdrawn for the impairment loss of the funds occupied by the controlling shareholder’s related parties. As of the end of the previous period, the balance of principal and interest of the loans of the controlling shareholder and its related parties was 549.603 million yuan, and the repayment was 7.5398 million yuan on June 25, 2021. As of the end of the current period, the remaining principal and interest and 542.0605 million yuan. Due to the significant uncertainty in the repayment of related parties, the company plans to decide to withdraw them in full
Securities code: 002700 securities abbreviation: St Haoyuan Announcement No.: 2022-006
For the credit impairment loss, 315529500 yuan of credit impairment loss has been withdrawn in the previous period, and 226531000 yuan of credit impairment loss is expected to be withdrawn in the current period. The specific withdrawal amount shall be subject to the subsequent announcement.
2. It is estimated that 79.842 million yuan of asset impairment loss will be accrued in the current period. Among them, the holding subsidiary Xinjiang Zhiben construction in progress is expected to withdraw 36.3847 million yuan of asset impairment loss. The withdrawn amount is the expenditure of various preparation expenses paid in the early stage of the original Kuqa project, which was originally included in the “construction in progress” title. Due to the changes of financing environment, market environment and gas source, the project cannot be carried out, and now the Kuqa project has been suspended, Therefore, it is proposed to withdraw the impairment provision for the amount of “construction in progress”. In addition, Shanghai Yuanhan, a holding subsidiary, plans to withdraw 44.0572 million yuan of asset impairment loss. The withdrawn amount is the payment for the original purchase of the “Haoyuan building” real estate of Xinjiang jiaxiyuan Real Estate Development Co., Ltd. the real estate was originally planned to be used for project office after the implementation of Xinjiang Zhiben Kuqa project. Now the project has been suspended, and the construction of the real estate has not been completed so far, Due to the shortage of funds, the counterparty Xinjiang jiaxiyuan Real Estate Development Co., Ltd. is expected to be difficult to raise funds to complete the follow-up construction of “Haoyuan building”, and it is in the state of dishonest executee. It is expected that it will not be able to return the house purchase price. Therefore, it is proposed to make provision for impairment of this asset, and the specific amount of provision shall be subject to subsequent announcement.
4、 Risk tips
1. The relevant data of this performance forecast is the preliminary calculation result of the company’s financial department according to the current situation. Without the audit of an accounting firm, if the controlling shareholder and its related parties have repayment from the disclosure date of this performance forecast to the disclosure date of the annual report in 2021, the performance range of the annual report will change, The final impairment amount will be determined after evaluation and audit by the evaluation institution and audit institution with securities and futures qualification hired by the company. The specific financial data will be disclosed in detail in the company’s 2021 annual report. 2. When the company discloses the annual report of 2021, if the non frequent occupation of funds by the controlling shareholders and their related parties is not eliminated, the company’s shares may be subject to other risk warnings. Please pay enough attention to the majority of investors and pay attention to the investment risks.
It is hereby announced.
Xinjiang Haoyuan Natural Gas Co.Ltd(002700) board of directors January 28, 2022
