Dongjiang Environmental Company Limited(002672)
Financial budget report for 2022
1、 Budget preparation description
This budget report is prepared by the company on the principle of prudence, in combination with market conditions and business development plans, on the basis of the company’s budget and in accordance with the requirements of the consolidated statements, and in accordance with the development plans of various business modules in 2022, waste treatment and disposal plans, production and sales plans for the recycling and utilization of resource products and rare and precious metals. The preparation basis of this budget report is: it is assumed that the company’s business plans can be completed on time and in quantity.
On the basis of summarizing the operation in 2021 and analyzing the operation situation in 2022, combined with the company’s development strategy, this budget report fully considers the impact of market environment, business development, sales price and other factors on the budget period. This budget report includes the parent company, its subsidiaries and branches.
2、 Basic assumptions
1. There is no significant change in the current relevant national and local laws, regulations and systems followed by the company.
2. There is no significant change in the socio-economic environment of the company’s main business location and business areas.
3. The production and operation of the company in 2022 will not be adversely affected by the great changes of objective factors such as the serious shortage of transportation, telecommunications, hydropower and raw materials and costs.
4. The credit interest rate and tax policy involved in the company’s production and operation business will fluctuate within the normal range.
5. There is no significant change in the current production organization structure of the company, and the planned investment project can be completed and put into production on schedule.
6. There is no significant adverse impact on the company caused by other force majeure and unforeseen factors.
3、 Main budget indicators for 2022
It is expected that the year-on-year growth of operating revenue in 2022 will not be less than 20%.
In 2022, the net profit attributable to the shareholders of the parent company is expected to increase by no less than 10% year-on-year.
4、 Measures to ensure the completion of financial budget
1. Pay close attention to production and operation, improve management level, promote standardized operation of production process and standardized management and control of costs, so as to reduce costs and increase efficiency.
2. Accelerate the construction of key projects, pay attention to project quality, reduce construction costs, further expand the scale of the company’s hazardous waste operation qualification, continue to promote market reform and improve market share.
3. Optimize the strategic layout and industrial coordination, invest and acquire high-quality assets, expand the scale of revenue, and gradually optimize and adjust the business structure of the company.
4. Further strengthen financial management, do a good job in comprehensive budget management, strengthen the supervision of costs and expenses, at the same time, improve the proportion of direct financing, optimize the financing structure, reduce financial costs, prevent financial risks and ensure the realization of various financial indicators.
5、 Special tips
This budget is the internal management and control index of the company’s business plan in 2022 and does not represent the company’s profit forecast in 2022. Whether it can be realized depends on many factors such as changes in market conditions and the efforts of the management team. There is great uncertainty, so investors should pay special attention to it.
Dongjiang Environmental Company Limited(002672) March 25, 2022
