Ningbo Ronbay New Energy Technology Co.Ltd(688005) : voluntary disclosure announcement of performance forecast for the first quarter of 2022

Securities code: Ningbo Ronbay New Energy Technology Co.Ltd(688005) securities abbreviation: Ningbo Ronbay New Energy Technology Co.Ltd(688005) Announcement No.: 2022023 Ningbo Ronbay New Energy Technology Co.Ltd(688005)

Voluntary disclosure announcement of 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 note: Ningbo Ronbay New Energy Technology Co.Ltd(688005) (hereinafter referred to as "the company") is expected to realize a net profit attributable to the owners of the parent company of 280 million yuan to 300 million yuan in the first quarter of 2022, which is expected to increase by 160.43 million yuan to 180.43 million yuan compared with the same period of last year (statutory disclosure data), with a year-on-year increase of 134% to 151%; The company expects that the net profit attributable to the owner of the parent company after deducting non recurring profits and losses in the first quarter of 2022 will be 283 million yuan to 303 million yuan, which is expected to increase by 193.21 million yuan to 213.21 million yuan, a year-on-year increase of 215% to 237% compared with the same period of the previous year (statutory disclosure data). 1、 Performance forecast of the current period

(1) Performance forecast period

January 1, 2022 to March 31, 2022.

(2) Performance forecast

According to the preliminary calculation of the financial department, the net profit attributable to the owners of the parent company in the first quarter of 2022 is expected to be 280 million yuan to 300 million yuan, an increase of 160.43 million yuan to 180.43 million yuan, a year-on-year increase of 134% to 151% compared with the same period of the previous year (legally disclosed data).

The company expects that the net profit attributable to the owner of the parent company after deducting non recurring profits and losses in the first quarter of 2022 will be 283 million yuan to 303 million yuan, which is expected to increase by 193.21 million yuan to 213.21 million yuan, a year-on-year increase of 215% to 237% compared with the same period of the previous year (statutory disclosure data).

(3) This performance forecast has not been audited by certified public accountants. 2、 Performance in the same period of last year

In the first quarter of 2021, the company realized the net profit attributable to the owner of the parent company: 1195686 million yuan. In the first quarter of 2021, the company realized a net profit attributable to the owner of the parent company after deducting non recurring profits and losses: 897925 million yuan. 3、 Main reasons for performance changes in the current period

During the reporting period, the demand for orders maintained a rapid growth trend, the release of the company's production capacity accelerated, and the utilization rate of production capacity remained at a high level; The company's product structure has been gradually optimized, the profitability of products has been continuously improved, and the comprehensive cost competitiveness has been further improved; The double rise of production and sales volume has driven the scale effect, promoted the cost reduction and efficiency increase of manufacturing links, and the performance of the current period has increased significantly compared with the same period. 4、 Risk tips

The performance is expected to be preliminarily calculated by the company's financial department and has not been audited by certified public accountants. The company has no major uncertain factors affecting the accuracy of this 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.

Ningbo Ronbay New Energy Technology Co.Ltd(688005) board of directors April 8, 2022

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