Chengdu Xiling Power Science & Technology Incorporated Company(300733) : summary of 2021 annual report (1)

Securities code: Chengdu Xiling Power Science & Technology Incorporated Company(300733) securities abbreviation: Chengdu Xiling Power Science & Technology Incorporated Company(300733) Announcement No.:

Chengdu Xiling Power Science & Technology Incorporated Company(300733) 2021 annual report summary I. important tips: the summary of this annual report is from the full text of the annual report. In order to fully understand the company's operating results, financial status and future development plan, investors should carefully read the full text of the annual report in the media designated by the CSRC. The audit opinion of ShineWing Certified Public Accountants (special general partnership) on the company's financial report this year is: standard unqualified opinion. Changes of accounting firm during the reporting period: the accounting firm of the company has not changed this year. Tips on non-standard audit opinions □ applicable √ not applicable the company was not profitable at the time of listing and is not profitable at present □ applicable √ not applicable to the profit distribution plan of common stock or the plan of converting accumulation fund into share capital in the reporting period considered by the board of directors √ applicable □ not applicable

The company's profit distribution plan for ordinary shares reviewed and approved by the board of directors is: taking 172123019 as the base, distribute cash dividend of 0.00 yuan (including tax) to all shareholders for every 10 shares, send bonus shares of 0 shares (including tax), and transfer capital reserve to all shareholders for every 10 shares.

Profit distribution plan for preferred shares adopted by the board of directors during the reporting period □ applicable √ not applicable II. Basic information of the company 1. Company profile

Stock abbreviation Chengdu Xiling Power Science & Technology Incorporated Company(300733) stock code Chengdu Xiling Power Science & Technology Incorporated Company(300733)

Shenzhen Stock Exchange

Contact person and contact information secretary of the board of directors securities affairs representative

Name: Yang Hao, he Xinzhu

Office address: No. 298, Tengfei Avenue, Qingyang District, Chengdu

Fax: 02887072857

Tel: 02887078355

E-mail [email protected]. [email protected].

2. Introduction to main business or products during the reporting period

During the reporting period, the company was mainly engaged in the R & D, design, manufacturing and sales of automobile engine parts and components, as well as the business of military products and civil aviation parts.

In the field of auto parts, the main products include crankshaft torsional shock absorber, connecting rod assembly, camshaft assembly and turbocharger, which are mainly used in the production and manufacturing of auto engines, and some products are used in the production and manufacturing of engines in other fields such as construction machinery and generator sets. The company is an advanced manufacturer of engine parts in China. Its products are mainly oriented to the supporting market of automobile engine host. The company has established good cooperative relations with a large number of well-known automobile (or diesel engine) brands such as Great Wall Motor Company Limited(601633) , GAC Toyota, FAW Toyota, GM, Aerospace Mitsubishi, GM Wuling, Geely, Cummins, FAW sedan, JAC, BAIC Foton, Byd Company Limited(002594) , Malaysian proton, Korean Doosan, Schaeffler, etc., and has a high market position and strong comprehensive competitiveness in the industry. The main products are introduced as follows.

Product series product pictures product introduction

The crankshaft torsional shock absorber is installed on the crankshaft and its main function is to reduce the dynamic vibration generated by the engine

The crankshaft torsional shock absorber transmits the force from the crankshaft to other parts requiring power, and absorbs the vibration generated by the crankshaft at the same time,

Prevent the failure of engine and automobile caused by crankshaft vibration, and reduce the working efficiency of engine

Noise generated.

Connecting rod assembly connecting rod assembly connects the piston and crankshaft, and its function is to convert the reciprocating motion of the piston into a curve

Rotational motion of the shaft.

Camshaft assembly is one of the core components of valve train, and its main function is to drive and control

The camshaft assembly controls the timing and time of opening and closing the valves of each cylinder, so as to make the combustion more sufficient and develop the engine

Better motivation performance.

With the recovery of macro economy and the support of national policies, the market demand of China's automobile industry generally showed a recovery trend in 2021. The annual production and sales volume reached 26.082 million and 26.275 million respectively, with a year-on-year increase of 3.40% and 3.80%, ending the downward trend for three consecutive years since 2018. According to the prediction of China Automobile Industry Association, China's automobile industry market will continue to maintain a good development trend. In 2022, China's automobile sales are expected to reach 27.5 million, with a year-on-year increase of 5.40%. By 2030, China's automobile production and sales are expected to reach 30 million. Energy conservation and emission reduction, achieving carbon peak and carbon neutralization are one of the important development goals of the country. The country vigorously promotes the development of new energy vehicles and improves the fuel consumption and emission standards of fuel vehicles. In recent years, the new energy vehicle industry has achieved rapid development. According to the statistics of China Automobile Industry Association, the production and sales of Shanxi Guoxin Energy Corporation Limited(600617) vehicles in 2021 will reach 3.545 million and 3.521 million respectively, with an increase of 159.50% and 157.50% respectively. China Automobile Industry Association predicts that the sales of new energy vehicles will reach 5 million in 2022, with a year-on-year increase of 47.00%. It is expected that the market penetration of new energy vehicles will be further improved in the future.

In the field of military products and civil aviation parts, the main business model provides customers with raw materials. The company carries out precision processing according to customers' technical standards and delivery progress, and charges processing fees according to certain standards. The processed products include aviation structural parts, sheet metal parts, system parts, shaft parts, etc., which are applied to civil aircraft, military aircraft, missiles, etc. The company's aviation parts products are shown in the table below:

Product series product pictures product introduction

Aviation structural member aviation structural member refers to the main stressed components of an aircraft, including the wing, fuselage and structure of the aircraft

The main beam, long truss, reinforcing rib, fuselage frame, partial connecting support, joint, etc. of the tail wing.

Sheet metal parts aviation sheet metal parts are connecting parts or covering parts between large and medium-sized structural parts of aircraft

With large quantity and complex shape, it is an indispensable important part of the aircraft.

System components aviation system components are the connecting parts between operating hydraulic systems, which are mostly small stress structures

It is an indispensable and important part of an aircraft.

The company's production of shaft parts, including aircraft landing gear and wing rotating mechanism parts, also includes

Shaft parts include heat treatment and NC machining of aeroengine casing, impeller, blade disc and military projectile body.

It exports shaft parts and large parts for oil drilling all year round.

3. Main accounting data and financial indicators (1) whether the company needs to retroactively adjust or restate the accounting data of previous years in recent three years □ yes √ no

Unit: Yuan

Year end 2021 year end 2020 year end increase or decrease over the previous year year end 2019 year end

Total assets 238154653974173670714653 37.13% 153297684141

Net assets attributable to shareholders of listed companies 131830688394113531134414 16.12% 114062835473

20212020 year-on-year increase or decrease 2019

Operating income 7515730748151317333883 46.46% 52500709815

Net profit attributable to shareholders of the listed company 2039273722811269981 151. 37% 21,236032.44

Deduction attributable to shareholders of listed companies non recurring 1595933281401825308 297 17% net profit of 1148629227 profit and loss

Net cash flow from operating activities 3617054390128634155271189% 3800691813

Basic earnings per share (yuan / share) 0.1210 0 0.0507138 66% 0.1327

Diluted earnings per share (yuan / share) 0.1209 0.0507138 46% 0.1327

Weighted average return on net assets 0.02% - 0.71% - 0.69% 1.87%

(2) Quarterly main accounting data

Unit: Yuan

First quarter second quarter third quarter fourth quarter

Operating income 14797063997202378968131723870078122883645890

Net profit attributable to shareholders of the listed company 16579743381558099288 -1,617325.78 -10,505

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