Hunan Yussen Energy Technology Co.Ltd(002986) : performance forecast for the first quarter of 2022

Securities code: Hunan Yussen Energy Technology Co.Ltd(002986) securities abbreviation: Hunan Yussen Energy Technology Co.Ltd(002986) Announcement No.: 2022053 Hunan Yussen Energy Technology Co.Ltd(002986)

Performance forecast for the first quarter of 2022

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 major omissions.

1、 Expected performance of the current period

1. Performance forecast period: January 1, 2022 to March 31, 2022

2. Expected performance:

The loss of exports turns losses into profits, increases in the same direction, and decreases in the same direction

The same period of last year from January 1, 2022 to March 31, 2022

Profit attributable to listed companies: 72 million yuan – 93 million yuan

Profit: 26.6 million yuan

The net profit of shareholders increased by 170.68% – 249.62% over the same period of last year

Profit after deducting non recurring losses: 71 million yuan – 92 million yuan

Profit: 25.35 million yuan

The net profit after profit increased by 180.08% – 262.92% over the same period of last year

Basic earnings per share: 0.45 yuan / share – 0.59 yuan / share earnings: 0.23 yuan / share

Note: the basic earnings per share in the same period of last year in the above table is the data reported in the first quarter of 2021. If calculated according to the latest share capital of the company of 158676000 shares, the basic earnings per share in the same period of last year is 0.17 yuan / share.

2、 Performance forecast and pre audit

This performance forecast has not been audited by certified public accountants.

3、 Explanation of performance change reasons

The main reasons for the sharp increase in the expected performance in this period compared with the same period last year are as follows: first, the production capacity of the company’s raised investment projects is gradually released after they are put into operation, the advantages of device technology and low energy consumption are obvious, and the new products quickly seize the market after they are put into the market and achieve obvious economic results; Second, during the same period last year, the company’s main devices were overhauled. In this period, the company continued to strengthen production management, the devices operated safely and stably, and the output of main products increased steadily compared with the same period last year; Third, adhere to innovation, promote energy conservation and consumption reduction through technological innovation, and continuously enhance the profitability of main products.

4、 Other relevant instructions

This performance forecast is the preliminary calculation result of the company’s financial department according to the current operation of the company. The specific financial data will be disclosed in the report of the first quarter of 2022. Investors are reminded to pay attention to the risks.

It is hereby announced.

Hunan Yussen Energy Technology Co.Ltd(002986) board of directors

April 9, 2022

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