603358: announcement of 2021 annual performance express

Securities code: 603358 securities abbreviation: Huada Automotive Technology Corp.Ltd(603358) Announcement No.: 2022-014 Huada Automotive Technology Corp.Ltd(603358)

Announcement of 2021 annual performance express

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.

The main financial data of Huada Automotive Technology Corp.Ltd(603358) (hereinafter referred to as “the company”) in 2021 contained in this announcement are preliminary accounting data, which have not been audited by an accounting firm. The specific data shall be subject to the data disclosed in the company’s 2021 annual report, and investors are reminded of investment risks.

1、 Main financial data and indicators in 2021

Unit: RMB 10000

Increase / decrease range of the project in the same period of last year in the reporting period (%)

Total operating income 472394.71 413382.90 14.28

Operating profit 41666.83 28084.45 48.36

Total profit 41807.00 28320.21 47.62

Net profit attributable to shareholders of listed company 36056.97 22914.01 57.36 profit

Net profit attributable to shareholders of listed companies after deducting 30123.85 21406.21 and 40.72 non recurring profits and losses

Basic earnings per share (yuan) 0.82 0.73 12.33

The weighted average return on net assets was 12.43 8.42, an increase of 4.01 percentage points

Increase / decrease range at the end of the reporting period (%)

Total assets 563745.58 508036.86 10.97

Equity of all shareholders of listed companies 301312.85 278730.26 8.10

Share capital 43904.00 31360.00 40.00

6.86 8.89 22.83 net assets per share attributable to shareholders of the listed company (yuan)

Note: 1 The beginning amount of this report is the same as the end amount of the previous year legally disclosed.

2. The above financial data and indicators are filled in with the data in the consolidated statements, but have not been audited. The final results are subject to the company’s 2021 annual report.

2、 Description of operating performance and financial status

(I) during the reporting period, the company strengthened market development, continuously optimized customer structure, improved internal control ability, reduced costs and increased efficiency, steadily increased business scale and maintained a high level of profitability. The total operating income of the whole year was 4723.9471 million yuan, a year-on-year increase of 14.28%; The total profit was 418.07 million yuan, a year-on-year increase of 47.62%; The net profit attributable to the shareholders of the listed company was 360.5697 million yuan, a year-on-year increase of 57.36%; The net profit attributable to shareholders of listed companies after deducting non recurring profits and losses was 301238500 yuan, a year-on-year increase of 40.72%.

At the end of 2021, the total assets of the company were 5637.4558 million yuan, an increase of 10.97% over the beginning of the year; The owner’s equity attributable to the shareholders of the listed company was 3013128500 yuan, an increase of 8.10% over the beginning of the year; The net assets per share attributable to the shareholders of the listed company were 6.86 yuan, down 22.83% from the beginning of the year.

(II) the main reasons for the increase and decrease of relevant items in the above table with a range of more than 30%.

During the reporting period, the company’s operating profit, total profit, net profit attributable to shareholders of listed companies, net profit excluding non recurring profit and loss attributable to shareholders of listed companies and share capital changed by more than 30%. The main reasons are as follows: first, during the reporting period, the company strengthened market development, continuously optimized customer structure and achieved cost reduction and efficiency increase through the improvement of internal control ability, And obtain financial income by using idle raised funds to purchase financial products, resulting in the improvement of the company’s operating results; Second, during the reporting period, the company implemented the conversion of capital reserve into share capital to increase 4 shares for every 10 shares, resulting in an increase in the total share capital of the company.

3、 Risk tips

The main financial data of 2021 contained in this announcement are preliminary accounting data, which have not been audited by an accounting firm. The specific and accurate data shall be subject to the audited 2021 annual report officially disclosed by the company. Please pay attention to the investment risks.

4、 Announcement annex

Comparative balance sheet and income statement signed and sealed by the current legal representative of the company, the person in charge of accounting and the person in charge of accounting organization.

It is hereby announced.

Huada Automotive Technology Corp.Ltd(603358) board of directors February 26, 2022

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