Jiangsu Nanfang Bearing Co.Ltd(002553) : Announcement on the company's recognition as a high-tech enterprise

Jiangsu Nanfang Bearing Co.Ltd(002553)

Securities code: 002553 securities abbreviation: Jiangsu Nanfang Bearing Co.Ltd(002553) Announcement No.: 2022-005 Jiangsu Nanfang Bearing Co.Ltd(002553)

Announcement on the recognition of the company as a high-tech enterprise

The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.

1、 Basic information

According to the announcement on filing the second batch of high-tech enterprises recognized in Jiangsu Province in 2021 issued by the National Leading Group Office for the recognition and management of high-tech enterprises on February 21, 2022, Jiangsu Nanfang Bearing Co.Ltd(002553) (hereinafter referred to as the "company") was included in the list of the second batch of high-tech enterprises in Jiangsu Province in 2021 and passed the recognition of high-tech enterprises, Date of issue: November 30, 2021, Certificate No.: gr202132006443, valid for three years. According to the relevant provisions of the state, the company can enjoy the preferential income tax policy for high-tech enterprises for three consecutive years since it is recognized as a high-tech enterprise, and pay the enterprise income tax at the tax rate of 15%.

2、 Impact on the company

According to the enterprise income tax law of the people's Republic of China and the relevant tax regulations of the state on high-tech enterprises, the company enjoys the national preferential policy on high-tech enterprise income tax for three consecutive years (i.e. from 2021 to 2023), that is, the enterprise income tax is paid at the tax rate of 15%.

The company's 2021 annual performance forecast has been calculated and estimated according to the enterprise income tax rate of 15%, so this event will not affect the relevant financial data in the company's 2021 annual performance forecast. Please make careful decisions and pay attention to investment risks.

The passing of the qualification of high-tech enterprises is an affirmation and encouragement to the company in terms of technology research and development and independent innovation, which is conducive to the formation of a sustainable innovation mechanism and enhance the competitiveness of the company, and plays a positive role in promoting the future operation and development of the company.

3、 Documents for future reference

Jiangsu Nanfang Bearing Co.Ltd(002553)

1. The announcement on filing the second batch of high-tech enterprises recognized by Jiangsu Province in 2021 is hereby announced.

Jiangsu Nanfang Bearing Co.Ltd(002553) board of directors

February 23, 2002

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