Shandong Longquan Pipeline Engineering Co.Ltd(002671) : 2021 annual performance express

Securities code: Shandong Longquan Pipeline Engineering Co.Ltd(002671) securities abbreviation: Shandong Longquan Pipeline Engineering Co.Ltd(002671) Announcement No.: 2022011

Shandong Longquan Pipeline Engineering Co.Ltd(002671)

2021 annual performance express

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.

Special tips:

The financial data of 2021 contained in this announcement is only preliminary accounting data, which has been audited by the company’s internal audit department and has not been audited by an accounting firm. It may be different from the final data disclosed in the annual report. Investors are reminded to pay attention to 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 13758755175583677145477 64.43%

Operating profit 3347621498 -9229849237 136.27%

Total profit 2746779102 – 9984961798 127.51%

1887981982 attributable to shareholders of listed companies

Net profit -9005104758 120.97%

Basic earnings per share (yuan) 0.03 -0.18 116.67%

Weighted average return on net assets: 0.86% – 4.37% – 5.23%

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

Total assets 315665582310309518518422 1.99%

220451281365218483565906 0.90% attributable to shareholders of listed companies

Owner’s equity

Share capital 5665103680056693036800 – 0.07%

3.89 attributable to shareholders of listed companies

Net assets per share (yuan) 3.85 1.04%

Note: the above financial data are filled in with consolidated statement data.

2、 Description of operating performance and financial status

Compared with the same period of the previous year, the total operating revenue increased by 64.43%, the operating profit increased by 136.27%, the total profit increased by 127.51%, the net profit attributable to the shareholders of the listed company increased by 120.97%, the basic earnings per share increased by 116.67%, and the weighted average return on net assets increased by 5.23%. The total assets at the end of the period increased by 1.99% compared with the beginning of the period, the owner’s equity attributable to the shareholders of the listed company at the end of the period increased by 0.90%, the capital stock at the end of the period decreased by 0.07% compared with the beginning of the period, and the net assets per share attributable to the shareholders of the listed company at the end of the period increased by 1.04% compared with the beginning of the period.

The main reasons for the large changes in total operating income, operating profit, total profit, net profit attributable to shareholders of listed companies and basic earnings per share compared with the same period last year are as follows:

Affected by the epidemic situation in the same period of last year, there were few orders executed; During the reporting period, the orders of PCCP and other concrete pipeline business and metal pipe fittings business were well executed, and the operating revenue increased significantly compared with the same period of last year. In addition, during the reporting period, the company’s disposal of the equity of subsidiaries and the reversal of the provision for impairment of receivables subject to independent impairment test affected the current profit and loss.

3、 Description of the difference from the previous performance forecast

There is no difference between the operating results disclosed in this performance express and the expectations in the company’s 2021 annual performance forecast announcement.

4、 Documents for future reference

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

2. The internal audit report signed by the head of the internal audit department.

It is hereby announced.

Shandong Longquan Pipeline Engineering Co.Ltd(002671)

Board of directors

March 3, 2022

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