Securities code: 601068 securities abbreviation: China Aluminum International Engineering Corporation Limited(601068) Announcement No.: pro 2022-010 China Aluminum International Engineering Corporation Limited(601068)
Announcement of abnormal fluctuations in stock trading
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:
Secondary market transaction risk. China Aluminum International Engineering Corporation Limited(601068) (hereinafter referred to as the company) A-share trading has accumulated 20% deviation from the daily closing price within three consecutive trading days on February 10, February 11 and February 14, 2022. According to the relevant provisions of the trading rules of Shanghai Stock Exchange, the company’s A-share trading belongs to abnormal fluctuation. The price of A-Shares of the company has increased greatly. Please pay attention to the trading risks in the secondary market, make rational decisions and invest prudently.
It is expected that the net profit attributable to the shareholders of the listed company will suffer a loss in 2021. Affected by the poor operating condition of China Aluminum International Engineering Corporation Limited(601068) Engineering Equipment Co., Ltd., a wholly-owned subsidiary of the company, and the risk that some receivables cannot be recovered and inventories cannot be realized in 2021, it is expected that China Aluminum International Engineering Corporation Limited(601068) Engineering Equipment Co., Ltd. will withdraw a large amount of impairment provision for receivables and inventories in 2021, resulting in the current operating loss of the company, It is estimated that the net profit attributable to the shareholders of the listed company in 2021 will be about – 700 million yuan to – 900 million yuan, and the net profit attributable to the shareholders of the listed company after deducting non recurring profits and losses in 2021 will be about – 780 million yuan to – 980 million yuan.
The company’s main business has not changed. The company’s main businesses are engineering design and consulting, engineering and construction contracting, equipment manufacturing and trade, and the main business revenue accounts for 100%.
The company is not involved in the investment business related to lithium extraction from salt lakes. The salt lake lithium extraction technology mastered by the company only provides engineering design and consulting services for lithium production enterprises. The company does not involve the investment business related to salt lake lithium extraction, does not directly produce lithium materials, and only provides technical design, consulting and engineering construction services for lithium production enterprises. This business will not have a significant impact on the company’s performance.
The company’s lithium related business revenue accounts for a relatively small proportion, which does not have a significant impact on the company’s performance. As of December 31, 2021, the orders on hand of lithium related businesses of the company accounted for about 1.14% of the total orders on hand, and the contract assets formed accounted for about 0.05%; In 2021, lithium related business revenue accounted for about 0.25%.
The company has no material information that should be disclosed but not disclosed. According to the company’s self-examination and written inquiry, the controlling shareholder Aluminum Corporation Of China Limited(601600) Group Co., Ltd. of the company, as of the disclosure date of this announcement, there is no material information that should be disclosed but not disclosed.
1、 Details of abnormal fluctuations in stock trading
The company’s A-share shares were traded on February 10, February 11 and February 14, 2022. The deviation of daily closing price increase reached 20% in three consecutive trading days. According to the relevant provisions of the trading rules of Shanghai Stock Exchange, the trading of A-Shares of the company belongs to abnormal fluctuation. 2、 Relevant information concerned and verified by the company
(I) production and operation
According to the company’s self inspection, the company’s current production and operation activities are normal, and there are no significant changes in internal and external business environment and industrial policies.
(II) major events
According to the company’s self-examination and verification by letter to the company’s controlling shareholder Aluminum Corporation Of China Limited(601600) Group Co., Ltd., as of the disclosure date of this announcement, there are no major events involving the company that should be disclosed but not disclosed, resulting in abnormal fluctuation of stock price, including but not limited to major asset restructuring, share issuance, acquisition, debt restructuring, business restructuring, asset stripping, asset injection Share repurchase, equity incentive, bankruptcy reorganization, major business cooperation, introduction of strategic investors and other major issues.
(III) media reports, market rumors and hot concepts
Recently, the company found that the media reported that the company was involved in the concept of lithium hot spot in salt lake. After verification, the following explanation is made:
1. The company’s main businesses are engineering design and consulting, engineering and construction contracting, equipment manufacturing and trade, and the main business revenue accounts for 100%.
2. The salt lake lithium extraction technology mastered by the company only provides engineering design and consulting services for lithium production enterprises. The company does not involve the investment business related to salt lake lithium extraction, does not directly produce lithium materials, and only provides technical design, consulting and engineering construction services for lithium production enterprises. This business will not have a significant impact on the performance of the company.
3. The company’s lithium related business revenue accounts for a relatively small proportion, which does not have a significant impact on the company’s performance. As of December 31, 2021, the orders on hand of lithium related businesses of the company accounted for about 1.14% of the total orders on hand, and the contract assets formed accounted for about 0.05%; In 2021, lithium related operating revenue accounted for about 0.25%.
(IV) other stock price sensitive information
After verification, the company has not found any other major events that may have a great impact on the share price of the listed company.
3、 Relevant risk tips
(I) secondary market transaction risk
The daily closing price of the company’s A-share trading has deviated by 20% in three consecutive trading days on February 10, February 11 and February 14, 2022. According to the relevant provisions of the trading rules of Shanghai Stock Exchange, the company’s A-share trading belongs to abnormal fluctuation. The price of A-Shares of the company has increased greatly. Please pay attention to the trading risks in the secondary market, make rational decisions and invest prudently.
(II) it is estimated that the net profit attributable to the shareholders of the listed company will suffer a loss in 2021.
Affected by the poor operating condition of China Aluminum International Engineering Corporation Limited(601068) Engineering Equipment Co., Ltd., a wholly-owned subsidiary of the company, and the risk that some receivables cannot be recovered and inventories cannot be realized in 2021, it is expected that China Aluminum International Engineering Corporation Limited(601068) Engineering Equipment Co., Ltd. will withdraw a large amount of impairment provision for receivables and inventories in 2021, resulting in the current operating loss of the company, It is estimated that the net profit attributable to the shareholders of the listed company in 2021 will be about – 700 million yuan to – 900 million yuan, and the net profit attributable to the shareholders of the listed company after deducting non recurring profits and losses in 2021 will be about – 780 million yuan to – 980 million yuan. Shanghai Stock Exchange (www.sse. Com) on January 29, 2022 The announcement of China Aluminum International Engineering Corporation Limited(601068) 2021 annual performance loss in advance (Announcement No.: pro 2022-008) disclosed.
(III) the company’s main business has not changed
The company’s main businesses are engineering design and consulting, engineering and construction contracting, equipment manufacturing and trade, and the main business revenue accounts for 100%.
(IV) the company is not involved in the investment business related to lithium extraction from salt lakes
The salt lake lithium extraction technology mastered by the company only provides engineering design and consulting services for lithium production enterprises. The company does not involve the investment business related to salt lake lithium extraction, does not directly produce lithium materials, and only provides technical design, consulting and engineering construction services for lithium production enterprises. This business will not have a significant impact on the company’s performance.
(V) the company’s lithium related business revenue accounts for a relatively small proportion, which does not have a significant impact on the company’s performance
As of December 31, 2021, the orders on hand of lithium related businesses of the company accounted for about 1.14% of the total orders on hand, and the contract assets formed accounted for about 0.05%; In 2021, lithium related operating revenue accounted for about 0.25%.
(VI) other risk tips
The company solemnly reminds investors that the company’s information can be found on the website of Shanghai Stock Exchange (www.sse. Com. CN.) And the relevant announcements published by the information disclosure media designated by the company shall prevail. Please invest rationally and pay attention to investment risks.
4、 Statement of the board of directors and commitments of relevant parties
The board of directors of the company confirms that the company does not have any matters that should be disclosed but not disclosed in accordance with the relevant provisions of the Listing Rules of the Shanghai Stock Exchange, the Listing Rules of the stock exchange of Hong Kong Limited and other relevant provisions, or the planning, negotiation, intention and agreement related to such matters, The board of directors has not been informed of the information that may have a great impact on the trading price of the company’s shares and their derivatives that should be disclosed but not disclosed in accordance with the stock listing rules of Shanghai Stock Exchange, the Securities Listing Rules of the stock exchange of Hong Kong Limited and other relevant provisions; The information disclosed by the company in the early stage does not need to be corrected or supplemented.
It is hereby announced.
China Aluminum International Engineering Corporation Limited(601068) board of directors February 14, 2022
