600753: Fujian Oriental Silver Star Investment Co.Ltd(600753) announcement of annual performance loss in 2021

Securities code: 600753 securities abbreviation: Fujian Oriental Silver Star Investment Co.Ltd(600753) No.: 2022-010 Fujian Oriental Silver Star Investment Co.Ltd(600753)

Announcement of annual performance loss in 2021

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.

Important content tips:

1. Fujian Oriental Silver Star Investment Co.Ltd(600753) (hereinafter referred to as “the company”) is expected to have a loss of about 48 million yuan in 2021.

2. The company’s performance loss is mainly due to the large amount of bad debt provision for other receivables during the reporting period, with an impact amount of 52.5113 million yuan.

3. After deducting non recurring gains and losses, the company’s annual performance in 2021 is expected to lose about 50 million yuan. 1、 Performance forecast of the current period

(I) performance forecast period

From January 1, 2021 to December 31, 2021.

(II) performance forecast

According to the preliminary calculation of the financial department:

1. It is estimated that the net profit attributable to the shareholders of the listed company in 2021 will be – 48 million yuan;

2. It is estimated that the net profit attributable to shareholders of listed companies after deducting non recurring profits and losses in 2021 will be – 50 million yuan.

The above performance forecast is the preliminary forecast of the company according to its business conditions and has not been audited by certified public accountants.

2、 Performance in the same period of last year

(I) the net profit attributable to the shareholders of the listed company in 2020 is 21324157.10 yuan; The net profit attributable to the shareholders of the listed company after deducting non recurring profits and losses is 7268447.51 yuan.

(II) earnings per share: 0.119 yuan.

3、 Main reasons for performance loss in advance in the current period

Due to the uncertainty in the recovery of other receivables of crude oil business of RMB 55.275 million filed by Ningbo Xinggeng Supply Chain Management Co., Ltd., a wholly-owned subsidiary of the company, based on the principle of prudence and in combination with the progress of the lawsuit and the actual situation, the company accrued bad debt reserves of other receivables of RMB 52.5113 million, resulting in a significant loss in the net profit attributable to the owner of the parent company.

For details, please refer to the website of Shanghai Stock Exchange (www.sse. Com. CN.) published by the company on January 26, 2022 and January 29, 2021 respectively Announcement on major litigation and risk warning by wholly-owned subsidiaries (Announcement No.: 2022-006) and announcement on large amount provision for bad debts of other receivables (Announcement No.: 2022-011).

4、 Risk tips

This performance is expected to be the preliminary accounting made by the company’s financial department and has not been audited by certified public accountants. The company has no major uncertain factors that may affect the accuracy of this performance forecast.

5、 Other explanatory matters

The above forecast data are only preliminary accounting data, which shall be subject to the audited 2021 financial report officially disclosed by the company. Please pay attention to the investment risks.

It is hereby announced.

Fujian Oriental Silver Star Investment Co.Ltd(600753) board of directors January 29, 2002

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