688680: announcement of 2021 annual performance express

Securities code: 688680 securities abbreviation: Shanghai Hiuv New Materials Co.Ltd(688680) Announcement No.: 2022-026 Shanghai Hiuv New Materials Co.Ltd(688680)

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 legal responsibility for the authenticity, accuracy and integrity of its contents according to law.

The main financial data of Shanghai Hiuv New Materials Co.Ltd(688680) (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 are subject to the company’s regular report in 2021, and investors are reminded of investment risks.

1、 Main financial data and indicators in 2021

Unit: RMB

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

Total operating income 3103502564.74 1481092401.48 109.54

Operating profit 283385091.10 254193380.54 11.48

Total profit 28272272725.25 253922402.78 11.34

Net attributable to the owner of the parent company 2574731228.24 223232234.39 15.34

profit

Deduction of 250032213.42 215253530.04 16.16 attributable to the owner of the parent company

Unless the net profit of recurring profit and loss

Basic earnings per share (yuan): 3.13, 3.54 -11.58

The weighted average return on net assets was 12.32% and 34.52%, a decrease of 22.20 percentage points

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

Total assets 3712178212.98 1527644240.48 143.00

Ownership attributable to the parent company 2311534334.60 752733058.33 207.09

benefit

Share capital 84020000.00 63010000.00 33.34

Every 27.51 11.95 130.21 attributable to the owner of the parent company

Net assets per share (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 are filled in based on the data of financial statements, but have not been audited. The final data shall be subject to the company’s 2021 annual report.

2、 Description of operating performance and financial status

(I) briefly describe the operation, financial status and main factors affecting the operation performance during the reporting period. During the reporting period, the company achieved a total operating income of 3103.526 million yuan, a year-on-year increase of 109.54%; The total profit was 282.7227 million yuan, a year-on-year increase of 11.34%; The net profit attributable to the owners of the parent company was 257473100 yuan, a year-on-year increase of 15.34%; The net profit attributable to the owner of the parent company after deducting non recurring profits and losses was RMB 250.0322 million, with a year-on-year increase of 16.16%.

At the end of the reporting period, the total assets of the company were 3712178200 yuan, a year-on-year increase of 143.00%; The owner’s equity attributable to the parent company was 2311534300 yuan, with a year-on-year increase of 207.09%.

During the reporting period, the global photovoltaic industry entered a stage of leapfrog development. The company seized the historic development opportunity and unswervingly promoted the fund-raising projects to rapidly increase production capacity, actively explore the market and steadily improve the market share. The production and sales of the company’s products increased significantly. At the same time, the company issued shares to raise funds in place and the growth of the company’s business scale, and the scale of various assets of the company has increased significantly accordingly.

(II) description of the main reasons for the increase or decrease of more than 30% of the relevant items in the above table.

1. The total operating revenue increased by 109.54% year-on-year, mainly due to the increase in the market share of the company’s products, the substantial increase in production and sales volume and the rise in the price of raw materials.

2. Total assets increased by 143.00% year-on-year, mainly due to the increase of inventory, accounts receivable and other assets due to the availability of funds raised by the company’s issuance of shares and the growth of the company’s business scale.

3. The owner’s equity attributable to the parent company increased by 207.09% year-on-year and the net assets per share attributable to the owner of the parent company increased by 130.21% year-on-year, mainly due to the availability of funds raised by the company’s issuance of shares and the increase of the company’s profit.

4. The share capital increased by 33.34% year-on-year, mainly due to the issuance of new shares by the company.

3、 Risk tips

The financial data of the year 2021 contained in this announcement is the preliminary accounting statement data, which has not been audited by an accounting firm, and may be different from the final data disclosed in the annual report of 2021. Please pay attention to the investment risk.

It is hereby announced.

Shanghai Hiuv New Materials Co.Ltd(688680) board of directors February 26, 2022

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