China National Nuclear Power Co.Ltd(601985) : announcement of pre increase of performance in the first quarter of 2022

Securities code: China National Nuclear Power Co.Ltd(601985) securities abbreviation: China National Nuclear Power Co.Ltd(601985) No.: 2022032

Bond Code: 163678 bond abbreviation: 20 nuclear power Y1

Bond Code: 175096 bond abbreviation: 20 nuclear power Y2

Bond Code: 175285 bond abbreviation: 20 nuclear power Y3

Bond Code: 175425 bond abbreviation: 20 nuclear power Y5

China National Nuclear Power Co.Ltd(601985)

Announcement of performance increase in 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 individual and joint liabilities for the authenticity, accuracy and completeness of its contents.

Important content tips:

1. According to the preliminary calculation of the financial department of the company, the net profit attributable to the shareholders of the listed company in the first quarter of 2022 is expected to increase by 103662 million yuan to 122562 million yuan compared with the same period of the previous year (before retroactive restatement), with a year-on-year increase of about 58% ~ 69%; Compared with the same period of last year (after retroactive restatement), it increased by 941 million yuan to 1130 million yuan, with a year-on-year increase of about 50% ~ 60%.

2. It is estimated that the net profit attributable to the shareholders of the listed company after deducting non recurring profits and losses in the first quarter of 2022 will increase by 103042 million yuan to 121942 million yuan compared with the same period of the previous year (before retroactive restatement), with a year-on-year increase of about 57% ~ 68%; Compared with the same period of last year (after retroactive restatement), it increased by 934.8 million yuan to 1123.8 million yuan, with a year-on-year increase of about 50% ~ 60%.

3. Since January 1, 2022, the company has implemented the interpretation of accounting standards for Business Enterprises No. 15, accounting for the income and cost related to commissioning and operation respectively, included in the current profit and loss, and retroactively restated the data of the same period in 2021. 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 of the company, the net profit attributable to the shareholders of the listed company in the first quarter of 2022 is expected to increase by 103662 million yuan to 122562 million yuan compared with the same period of the previous year (before retroactive restatement), with a year-on-year increase of about 58% ~ 69%; Compared with the same period of last year (after retroactive restatement), it increased by 941 million yuan to 1130 million yuan, with a year-on-year increase of about 50% ~ 60%.

2. It is estimated that the net profit attributable to the shareholders of the listed company after deducting non recurring profits and losses in the first quarter of 2022 will increase by 103042 million yuan to 121942 million yuan compared with the same period of the previous year (before retroactive restatement), with a year-on-year increase of about 57% ~ 68%; Compared with the same period of last year (after retroactive restatement), it increased by 934.8 million yuan to 1123.8 million yuan, with a year-on-year increase of about 50% ~ 60%.

(III) this performance forecast is the result of preliminary calculation by the financial department of the company and 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: 178637 million yuan before retroactive restatement and 1882 million yuan after retroactive restatement. Net profit attributable to shareholders of listed companies after deducting non recurring profits and losses: 179287 million yuan before retroactive restatement and 1888.5 million yuan after retroactive restatement.

(II) earnings per share: 0.102 yuan before retroactive restatement and 0.107 yuan after retroactive restatement.

3、 Main reasons for performance increase in the current period

(I) main business impact. The on grid electricity in this period increased compared with the same period of last year, and the comprehensive average on grid electricity price increased compared with the same period of last year. Combined with the above factors, the performance increased significantly.

(II) impact of accounting treatment. Since January 1, 2022, the company has implemented the interpretation of accounting standards for Business Enterprises No. 15. The income and cost related to the commissioning and operation of Fuqing unit 6 in this period are included in the current profit and loss respectively, and the data of the same period in 2021 are retroactively restated.

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.

China National Nuclear Power Co.Ltd(601985) board of directors March 29, 2022

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