Stock Code: 601002 stock abbreviation: Gem-Year Industrial Co.Ltd(601002) Announcement No.: Lin 2022-003 Gem-Year Industrial Co.Ltd(601002)
Annual performance forecast for 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. Gem-Year Industrial Co.Ltd(601002) (hereinafter referred to as “the company”) is expected to realize a net profit attributable to shareholders of listed companies of about 231 million yuan in 2021, a year-on-year decrease of about 54.02%.
2. It is estimated that the net profit attributable to the shareholders of the listed company after deducting non recurring profits and losses is about 218 million yuan, with a year-on-year increase of about 73.16%.
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 financial department, the net profit attributable to the shareholders of the listed company is expected to be about 231 million yuan in 2021, a decrease of about 271.3783 million yuan compared with the same period of last year, a year-on-year decrease of about 54.02%.
2. The net profit attributable to shareholders of listed companies after deducting non recurring profits and losses is about 218 million yuan, which will increase by about 92.1083 million yuan or 73.16% year-on-year compared with the same period of last year.
(III) the performance forecast of this period has not been audited by certified public accountants.
2、 Performance in the same period of last year
(I) net profit attributable to shareholders of the listed company: 502378300 yuan. Net profit attributable to shareholders of listed companies after deducting non recurring profits and losses: 125.8917 million yuan.
(II) earnings per share: 0.56 yuan.
3、 Main reasons for performance changes in the current period
(I) in the same period of 2020, the company introduced external investors to increase the capital of the former wholly-owned subsidiary Jinyi Logistics Co., Ltd. (now renamed jinshunxin Industrial Technology Co., Ltd.). Due to the equity transfer and the capital increase of external shareholders, the cost method was changed to the equity method, and the investment income of 389 million yuan was re measured and recognized at the fair value on the date of loss of control, Non recurring profit and loss increased significantly compared with ordinary years, resulting in a significant increase in the company’s net profit attributable to shareholders of Listed Companies in the previous year. There was no such event in 2021, and the net non recurring profit and loss decreased significantly compared with the previous year, resulting in a significant decrease in the net profit attributable to the shareholders of the listed company compared with the previous year.
(II) in 2021, affected by the overseas epidemic, the intention of foreign countries to purchase fasteners in China increased. The company took advantage of the trend to increase overseas marketing, adjust and improve the production structure, and the annual export sales increased significantly compared with previous years. Facing the expanded Chinese fastener market, the company took advantage of the traditional advantages of fastener production and sales, expanded production and increased income, and the company’s fastener sales in China also increased, The annual main business income increased, the company implemented equity incentive, fully mobilized the enthusiasm of employees, improved operating efficiency, increased profit margin, and decreased financial expenses. In addition, the profitability of the company’s wholly-owned subsidiaries Jinde Co., Ltd. and Zhejiang Jinji Auto Parts Co., Ltd. increased significantly, As a result, the net profit attributable to the shareholders of the listed company after deducting non recurring profits and losses increased significantly compared with the same period of the previous year.
4、 Risk tips
The company has no uncertain factors affecting the accuracy of the performance forecast.
5、 Other explanatory matters
The above forecast data are only preliminary accounting data. The specific and accurate financial data are subject to the audited annual report of 2021 officially disclosed by the company. Please pay attention to the investment risks.
It is hereby announced.
Gem-Year Industrial Co.Ltd(601002) board of directors
January 29, 2002
