Stock Code: 600995 stock abbreviation: Yunnan Wenshan Electric Power Co.Ltd(600995) No.: pro 2022-05 Yunnan Wenshan Electric Power Co.Ltd(600995)
Announcement of annual performance reduction 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. Yunnan Wenshan Electric Power Co.Ltd(600995) (hereinafter referred to as “the company”) is expected to realize the net profit attributable to the shareholders of the listed company in 2021, which will decrease by about 90 million yuan to 100 million yuan compared with the same period of the previous year (statutory disclosure data), with a year-on-year decrease of about 81.28% to 90.32%.
2. The performance reduction of the company this time is mainly due to the one-time provision of extra planned expenses for retirees this year, which belongs to non recurring profits and losses, with an impact amount of 96.2 million yuan.
3. The company expects that the net profit attributable to shareholders of Listed Companies in 2021 after deducting non recurring profits and losses will be reduced by about 7 million yuan to 16 million yuan compared with the same period of last year (statutory disclosure data), with a year-on-year decrease of about 7.45% to 17.03%.
1、 Performance forecast of the current period
(I) performance forecast period
From January 1, 2021 to December 31, 2021.
(II) performance forecast
1. According to the preliminary calculation of the company’s financial department, the net profit attributable to the shareholders of the listed company in 2021 is expected to decrease by about 90 million yuan to 100 million yuan compared with the same period of the previous year (statutory disclosure data), with a year-on-year decrease of about 81.28% to 89.83%.
2. The company expects that the net profit attributable to shareholders of Listed Companies in 2021 after deducting non recurring profits and losses will be reduced by about 7 million yuan to 16 million yuan compared with the same period of last year (statutory disclosure data), with a year-on-year decrease of about 7.45% to 17.03%.
(III) this annual performance pre reduction announcement is a preliminary calculation made by the company according to the business situation in the reporting period, which has not been audited by an accounting firm.
2、 Performance in the same period of last year
(I) net profit attributable to shareholders of the listed company: 110.7222 million yuan. Net profit attributable to shareholders of listed companies after deducting non recurring profits and losses: 93.9307 million yuan.
(II) earnings per share: 0.23 yuan.
3、 Main reasons for performance reduction in the current period
Impact of non operating profit and loss: according to the guiding opinions on the socialized management of retirees in state-owned enterprises (Ting Zi [2019] No. 19), 96.2 million yuan of non overall expenses for retirees is accrued at one time this year. See Yunnan Wenshan Electric Power Co.Ltd(600995) announcement on one-time withdrawal of relevant expenses for retirees and early retirees (p.2021-61) disclosed by the company on the website of Shanghai Stock Exchange and designated information media on December 28, 2021.
4、 Risk tips
The performance forecast of this period is the preliminary calculation made by the financial department of the company according to the production and operation status of the company and based on its own professional judgment, which has not been audited by certified public accountants. The certified public accountant did not issue a special explanation on whether the company’s performance forecast for the current period was appropriate and prudent. The company has no major uncertain factors affecting the accuracy of the performance forecast of the current period.
5、 Other explanatory matters
The above forecast data are only preliminary accounting data. The specific and accurate financial data shall be subject to the audited 2021 annual report officially disclosed by the company. Please pay attention to the investment risks.
It is hereby announced.
Yunnan Wenshan Electric Power Co.Ltd(600995) board of directors January 29, 2022
