Xinjiang Guotong Pipeline Co.Ltd(002205) : Xinjiang Guotong Pipeline Co.Ltd(002205) 2021 annual performance forecast amendment announcement

Securities code: Xinjiang Guotong Pipeline Co.Ltd(002205) securities abbreviation: Xinjiang Guotong Pipeline Co.Ltd(002205) No.: 2022 - 008

Xinjiang Guotong Pipeline Co.Ltd(002205)

2021 annual performance forecast amendment announcement

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 material omissions.

1、 Expected performance of the current period

(I) performance forecast period

January 1, 2021 - December 31, 2021.

(II) previous performance forecast

Xinjiang Guotong Pipeline Co.Ltd(002205) (hereinafter referred to as "the company") took the temporary notice on January 29, 2022

The announcement form was disclosed in the designated information disclosure media securities times, China Securities Journal and cninfo

The performance forecast for 2021 (Announcement No.: 2022004) is expected to belong to the listed company in 2021

The net profit range of shareholders is 7.5 million yuan to 11 million yuan, and the net profit range after deducting non recurring profits and losses is

From 19.19 million yuan to 22.69 million yuan, the basic earnings per share range is 0.0404 yuan / share to 0.0592 yuan / share.

(III) the revised performance forecast turns loss into profit, increases and decreases in the same direction

Whether the project has been revised in the same period of last year in the current reporting period

Earnings attributable to listed companies: 7.5 million yuan – 11 million yuan

East's net profit: 16.44 million yuan no

Year on year decrease: 54.38% - 33.09%

Profit after deducting non recurring profit and loss: 7.5 million yuan – 10.3 million yuan

Net profit after: 10.33 million yuan

Year on year decrease: 27.40% - 0.29%

Basic earnings per share: 0.0404 yuan / share – 0.0592 yuan / share earnings: 0.0885 yuan / share no

2、 Communication with accounting firms

The financial data related to the correction of this performance forecast has not been audited by an accounting firm. The company has made pre communication with the accounting firm on matters related to the revision of the performance forecast. So far, there are no major differences between the two sides on the revision of the performance forecast. The specific data shall be subject to the audit results.

3、 Explanation of performance correction reasons

Before the correction of this performance forecast, the amount related to contingencies shall be fully included in the accounting of non operating expenses. After preliminary communication with the accounting firm, the amount included in non operating expenses shall be adjusted after full evaluation of contingencies. As a result, the net profit attributable to the shareholders of the listed company after deducting non recurring profits and losses decreased in the same direction in 2021. The net profit attributable to the shareholders of the listed company in 2021 predicted in the previous performance announcement remains unchanged.

4、 Risk tips

1. The board of directors of the Company Apologizes for the inconvenience caused to the majority of investors by this performance correction.

2. The performance forecast data is the data preliminarily calculated by the Finance Department of the company. The specific and accurate financial data shall be subject to the audited 2021 annual report officially disclosed by the company. Please make rational analysis, make careful judgment and pay attention to investment risks.

Xinjiang Guotong Pipeline Co.Ltd(002205) board of directors April 1, 2022

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