Longyan Zhuoyue New Energy Co.Ltd(688196) : performance forecast for the first quarter of 2022

Securities code: Longyan Zhuoyue New Energy Co.Ltd(688196) securities abbreviation: Longyan Zhuoyue New Energy Co.Ltd(688196) Announcement No.: 2022007 Longyan Zhuoyue New Energy Co.Ltd(688196)

Performance forecast for the first quarter of 2022

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.

Important content tips:

1. Longyan Zhuoyue New Energy Co.Ltd(688196) (hereinafter referred to as “the company” or ” Longyan Zhuoyue New Energy Co.Ltd(688196) “) is expected to realize a net profit attributable to the owner of the parent company of about 947173 million yuan in the first quarter of 2022.

2. The net profit attributable to the owner of the parent company after deducting non recurring profits and losses is about 953598 million yuan.

1、 Performance forecast of the current period

(I) performance forecast period

January 1, 2022 to March 31, 2022.

(II) performance forecast

1. According to the preliminary calculation of the financial department, the company expects the net profit attributable to the owner of the parent company to be about 947173 million yuan in the first quarter of 2022, which will increase by about 373874 million yuan compared with the same period of last year (statutory disclosure data), with a year-on-year increase of about 65.21%.

2. The net profit attributable to the owner of the parent company after deducting non recurring profits and losses is about 953598 million yuan, which will increase by about 409759 million yuan or 75.35% year-on-year compared with the same period of last year (legally disclosed data).

(III) this performance forecast has not been audited by certified public accountants.

2、 Performance in the same period of last year

Net profit attributable to the owner of the parent company in the same period of last year: 573299 million yuan. Net profit attributable to the owner of the parent company after deducting non recurring profits and losses: 543839 million yuan.

3、 Main reasons for performance changes in the current period

During the reporting period, the company’s main business achieved steady growth, and the export volume and price of biodiesel increased at the same time.

4、 Risk tips

The company has no major uncertainties affecting the accuracy of the performance forecast.

5、 Other explanatory matters

The above forecast data are only preliminary accounting data. The specific and accurate financial data are subject to the first quarter report of 2022 officially disclosed by the company. Please pay attention to the investment risks.

It is hereby announced.

Longyan Zhuoyue New Energy Co.Ltd(688196) board of directors March 28, 2022

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