Securities code: 603388 securities abbreviation: Yuancheng Environment Co.Ltd(603388) Announcement No.: 2022-007 Yuancheng Environment Co.Ltd(603388)
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:
● Yuancheng Environment Co.Ltd(603388) (hereinafter referred to as “the company”) shares deviated from the daily closing price by more than 20% in three consecutive trading days on February 15, 2022, February 16, 2022 and February 17, 2022, which belongs to the abnormal fluctuation of stock trading specified in the trading rules of Shanghai Stock exchange. 1、 Details of abnormal fluctuations in stock trading
The deviation of the daily closing price of the company’s shares in three consecutive trading days on February 15, 2022, February 16, 2022 and February 17, 2022 is more than 20%, which belongs to the abnormal fluctuation of stock trading stipulated in the trading rules of Shanghai Stock Exchange.
2、 Relevant information concerned and verified by the company
In view of the abnormal fluctuation of the company’s stock trading, the company has conducted self-examination and verification on relevant matters, and consulted the controlling shareholder and actual controller of the company in writing. Now the relevant information is explained as follows:
(I) operation
At present, the company’s production and operation activities are normal, the market environment and industrial policies have not been significantly adjusted, the production cost and sales have not fluctuated significantly, and the internal production and operation order is normal.
(II) major events
After the company’s self-examination and written inquiry and verification to the controlling shareholder and actual controller of the company, as of the disclosure date of this announcement, the controlling shareholder and actual controller of the company have no major events affecting the abnormal fluctuation of the company’s stock trading price; There is no major information that should be disclosed but not disclosed involving listed companies, including but not limited to major asset restructuring, acquisition, debt restructuring, business restructuring, asset divestiture, asset injection, bankruptcy reorganization, major business cooperation, introduction of strategic investors and other major matters.
(III) media reports, market rumors and hot concepts
According to the company’s self-examination, no major unpublished information, market rumors and hot concepts that may or have had a great impact on the company’s stock trading price have been reported by the public media recently.
3、 Relevant risk tips
(II) market risk
The daily closing price of the company’s shares deviated by more than 20% in three consecutive trading days: February 15, 2022, February 16, 2022 and February 17, 2022. The company respectfully invites investors to pay attention to the transaction risks in the secondary market, make rational decisions and invest prudently.
According to the relevant valuation data of China Securities Index Co., Ltd., as of the closing of February 16, 2022, the latest static P / E ratio of e construction industry of the CSRC to which the company belongs is 9.92 times, the latest P / E ratio of the company is 28.54 times, the industry P / B ratio is 0.95 times, and the latest P / B ratio of the company is 2.39 times, which are higher than that of Listed Companies in the same industry. Please invest rationally and pay attention to risks.
(II) operating performance risk
According to the preliminary calculation of the financial department, the net profit attributable to the shareholders of the listed company is expected to be 51.1038 million yuan to 69.687 million yuan in 2021, a year-on-year decrease of 25.00% to 45.00%; It is estimated that in 2021, the net profit attributable to the shareholders of the listed company after deducting non recurring profits and losses will be 35.3844 million yuan to 48.9938 million yuan, a year-on-year decrease of 28.00% to 48.00%. 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.
(III) the information disclosure media designated by other companies are China Securities News, Shanghai Securities News, securities times and the website of Shanghai Stock Exchange（ http://www.sse.com.cn. ）, the information about the company is subject to the information disclosed by the company in the above designated media. Please pay attention to the relevant announcements and pay attention to the 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 stock listing rules or the planning, negotiation, intention and agreement related to such matters, and the board of directors has not been informed of the matters that should be disclosed but not disclosed in accordance with the relevant provisions of the stock listing rules Information that may have a great impact on the trading price of the company’s shares and their derivatives; The information disclosed by the company in the early stage does not need to be corrected or supplemented.
It is hereby announced.
Yuancheng Environment Co.Ltd(603388) board of directors February 17, 2022
