Zhejiang Huatong Meat Products Co.Ltd(002840) : 2021 annual performance forecast amendment announcement

Securities code: 002840 securities abbreviation: Zhejiang Huatong Meat Products Co.Ltd(002840) Announcement No.: 2022-021

Zhejiang Huatong Meat Products Co.Ltd(002840)

2021 annual performance forecast amendment announcement

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、 Expected performance of the current period

(I) performance forecast period: from January 1, 2021 to December 31, 2021.

(II) previous performance forecast: Zhejiang Huatong Meat Products Co.Ltd(002840) (hereinafter referred to as “the company”)

In the performance forecast for 2021 disclosed on January 29, 2022, it is expected that 2021 will be listed

The net profit of the company’s shareholders was 10-15 million yuan, a decrease of 88.9% – 92.6% over the same period of the previous year; The net profit after deducting non recurring profits and losses was a loss of 80-100 million yuan, a decrease of 279.42% – 324.28% over the same period of the previous year; The basic earnings per share is 0.02 yuan / share -0.03 yuan / share.

Whether the project was carried out in the previous year in the current reporting period, and whether the original forecast and the latest forecast were revised in the same period

Profit: 10 million yuan, loss: 17 million yuan

Profit attributable to the listing of ~ 15 million ~ 230 million yuan:

The number of shareholders of the company decreased over the same period of the previous year: 13509.77, representing a net profit of 88.9% – 92.6%, 225.83% – 2.7025 million yuan

Deducting non recurring loss: 80 million yuan loss: 190 million yuan profit:

The net profit of 445869.00 million yuan to 240 million yuan after the profit and loss is a decrease over the same period of last year: a decrease over the same period of last year: million yuan

279.42%~ 324.28% 526.13% ~ 638.28.7%

Basic earnings per share: 0.02 yuan / share ~ 0.03 yuan, loss: 0.37 yuan / share ~ 0.53 yuan, profit: 0.17 yuan / share / share

(III) revised performance forecast

2、 Communication with accounting firms

The company has made pre communication with the accounting firm on matters related to the revision of the performance forecast. Up to now

There are no major differences between the two sides on the revision of this performance forecast. The specific data shall be subject to the audit results.

This performance forecast has not been pre audited by certified public accountants.

3、 Explanation of performance correction reasons

1. Provision for asset impairment

Since February 2022, China’s pig market price has further declined, and the recent decline is large. The management of the company carefully evaluates the impairment risk of biological assets according to the recent pig market, and makes a supplementary provision for the impairment of biological assets for the biological assets on hand at the end of 2021.

2. Government subsidy

The company adjusted the accounting treatment of some government subsidies obtained in the early stage, and included the adjustment of some government subsidies included in the current “other income” into the “deferred income” for apportionment, resulting in a decrease in the net profit attributable to the shareholders of the listed company in 2021 compared with the previous performance forecast.

4、 Risk tips

The relevant data of this performance forecast is the preliminary calculation result of the company’s financial department and has not been audited by an accounting firm. The company will disclose the relevant financial data audited by the accounting firm in detail in the 2021 annual report. Please make prudent decisions and pay attention to investment risks.

5、 Other relevant instructions

1. The performance forecast data is the preliminary estimation result of the company’s financial department. The specific financial data shall be subject to the 2021 annual report disclosed by the company;

2. Pig market price and epidemic disease bring great uncertainty to the company’s performance forecast. If the performance forecast changes, the company will disclose it in accordance with relevant regulations;

3. The sharp fluctuation (decline or rise) of the market price of commercial pigs and the risk of African swine fever and other diseases may have a significant impact on the company’s operating performance. Please make careful decisions and pay attention to investment risks. It is hereby announced.

Zhejiang Huatong Meat Products Co.Ltd(002840) board of directors February 26, 2022

- Advertisment -