Guizhou Bc&Tv Information Network Co.Ltd(600996) : the business of Eastern digital computing and Western computing is currently in the preliminary design and planning stage, and the business profit cannot be estimated

Every AI express, investors ask on the investor interaction platform: will the proportion of Eastern digital and Western computing business in net profit increase significantly in 2022? Is the net profit of – 575 million in the third quarter due to the acquisition of business? Does the group plan to cooperate with Guiyang production control?

Guizhou Bc&Tv Information Network Co.Ltd(600996) (600996. SH) said on the investor interaction platform on February 18 that the East digital West computing business is currently in the preliminary design and planning stage, the business profit cannot be estimated, and the possibility of significant improvement in 2022 is low. The net profit of the company in the third quarter of 2021 will decline significantly compared with the same period of last year. The main reasons are as follows: first, due to the intensification of market competition, the cooling of the real estate market, the heavy debt burden of local governments, covid-19 pneumonia and other factors, the company’s engineering and installation, basic viewing, program transmission, advertising and other business income will decline; Second, the collection of government accounts receivable is less than expected, resulting in an increase in the company’s provision for credit impairment losses and asset impairment losses, and an increase in financial costs; Third, the company has implemented livelihood projects such as bright projects and emergency broadcasting for many years, continued to increase investment in network infrastructure construction, and increased long-term assets such as fixed assets, resulting in a continuous increase in depreciation and amortization. The company’s foreign cooperation projects will do a good job of information disclosure in strict accordance with the relevant rules of information disclosure.

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