Securities code: Anhui Wanwei Updated High-Tech Material Industry Co.Ltd(600063) stock abbreviation: Anhui Wanwei Updated High-Tech Material Industry Co.Ltd(600063) No.: pro 2022029 Anhui Wanwei Updated High-Tech Material Industry Co.Ltd(600063)
Announcement of performance increase in the first quarter of 2022
The board of directors and all directors of the company guarantee that the contents of this announcement are not false
Records, misleading statements or major omissions, and the authenticity and accuracy of their contents
Individual and joint liability for and integrity
Important content tips:
1. It is estimated that in the first quarter of 2022, the company’s net profit attributable to shareholders of listed companies will be 380 million yuan to 450 million yuan, an increase of 251 million yuan to 321 million yuan compared with the same period of last year, with a year-on-year increase of 194.57% to 248.84%.
2. It is estimated that in the first quarter of 2022, the net profit attributable to shareholders of listed companies after deducting non recurring profits and losses will be 378 million yuan to 448 million yuan, an increase of 254 million yuan to 324 million yuan compared with the same period of last year, with a year-on-year increase of 204.84% to 261.29%.
1、 Performance forecast of the current period
(I) performance forecast period
From January 1, 2022 to March 31, 2022.
(II) performance forecast
1. According to the preliminary calculation of the financial department, the net profit attributable to the shareholders of the listed company in the first quarter of 2022 is expected to be 380 million yuan to 450 million yuan, an increase of 251 million yuan to 321 million yuan compared with the same period of last year, with a year-on-year increase of 194.57% to 248.84%.
2. It is estimated that in the first quarter of 2022, the net profit attributable to shareholders of listed companies after deducting non recurring profits and losses will be 378 million yuan to 448 million yuan, an increase of 254 million yuan to 324 million yuan compared with the same period of last year, with a year-on-year increase of 204.84% to 261.29%.
3. The data of this performance forecast has not been audited by the audit institution.
2、 Performance in the same period of last year
(I) net profit attributable to shareholders of listed companies: 129 million yuan. Net profit attributable to shareholders of listed companies after deducting non recurring profits and losses: 124 million yuan.
(II) basic earnings per share: 0.067 yuan.
3、 Main reasons for performance increase in the current period
(I) main business impact
1. During the reporting period, the company actively responded to market changes, seized market opportunities, effectively coordinated the production load, commodity volume, domestic and foreign trade market conditions and price policies of various products in the industrial chain, and adhered to the principle of “what products make more money, we produce and sell more”, which has achieved remarkable results;
2. During the reporting period, the volume and price of the company’s main product polyvinyl alcohol (PVA) increased, and the profitability of the products increased significantly;
3. Mengwei technology, a subsidiary, gave full play to the advantages of the whole industrial chain and scale, and further strengthened its market competitiveness. Guangxi wanwei, a subsidiary, has further promoted the development of biomass chemical industry, and its business situation has continued to improve;
4. The company strengthened cost control, steadily promoted cost reduction and efficiency increase, and continuously improved the operation efficiency of the enterprise.
(II) impact of non recurring profit and loss
During the reporting period, the company expects the non recurring profit and loss attributable to the shareholders of the listed company to be about 2 million yuan, a decrease over the same period of last year, which has no significant impact on the company’s performance.
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 shall be subject to the first quarter report of 2022 officially disclosed by the company. Please pay attention to the investment risks.
It is hereby announced
Anhui Wanwei Updated High-Tech Material Industry Co.Ltd(600063) board of directors
March 28, 2022
