Hubei Yihua Chemical Industry Co.Ltd(000422) : performance forecast for the first quarter of 2022

Securities code: Hubei Yihua Chemical Industry Co.Ltd(000422) securities abbreviation: Hubei Yihua Chemical Industry Co.Ltd(000422) Announcement No.: 2022039 Hubei Yihua Chemical Industry Co.Ltd(000422)

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. Performance forecast:

The estimated net profit is positive and belongs to one of the following situations:

Turn losses into profits √ rise and fall in the same direction

The current reporting period of the project is the same period of last year

Profit attributable to listed companies: 580 million yuan – 650 million yuan

The net profit of the company’s shareholders: 2123212 million yuan, an increase of 173.17% – 206.14% over the same period last year

Deducting non recurring profits: 540 million yuan – 610 million yuan

Net profit after profit and loss: 1579452 million yuan, with a year-on-year increase of 241.89% – 286.21%

Basic earnings per share: 0.6460 yuan / share – 0.7239 yuan / share; earnings per share: 0.236 yuan / share

2、 Communication with accounting firms

1. The company has made pre communication with the accounting firm on matters related to the performance forecast, and there is no difference between the company and the accounting firm on the performance forecast.

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

3、 Explanation of performance change reasons

In the first quarter of 2022, the company’s business situation was good, the load level of production units was high and stable, and the market price of leading products increased significantly year-on-year.

4、 Risk tips

1. This performance forecast is the preliminary calculation result of the company’s financial department, and the final data will be disclosed in detail in the company’s report for the first quarter of 2022.

2. The information disclosure media designated by the company are securities times, China Securities News, Shanghai Securities News, securities daily and cninfo.com( http://www.cn.info.com.cn. ), all information of the company shall be subject to the announcement published in the above designated media. Please make careful decisions and pay attention to investment risks.

It is hereby announced.

Hubei Yihua Chemical Industry Co.Ltd(000422) board of directors

April 7, 2022

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