Chengdu Xiling Power Science & Technology Incorporated Company(300733) : performance forecast for the first quarter of 2022

Securities code: Chengdu Xiling Power Science & Technology Incorporated Company(300733) securities abbreviation: Chengdu Xiling Power Science & Technology Incorporated Company(300733) Announcement No.: 2022022

Chengdu Xiling Power Science & Technology Incorporated Company(300733)

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: \uf0a3 loss □ turning loss into profit █ rising in the same direction □ falling in the same direction

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

Profit attributable to shareholders of listed companies: 29 million yuan – 32 million yuan profit: net profit of 164805 million yuan

2、 Performance forecast and pre audit

The performance forecast of this period has not been audited by certified public accountants.

3、 Explanation of performance change reasons

During the reporting period, the company's net profit increased by 75.97% - 94.17% year-on-year, mainly due to:

1. The company has vigorously expanded its aviation and military industry business and the market development is smooth. The aviation and military industry sector has become an important part of the company's revenue and profit. In the first quarter, the net profit of this sector accounted for about 45% - 50% of the total net profit;

2. The sales revenue of high-quality customers of the automotive business division increased significantly year-on-year, and the overall revenue and profit of the automotive sector increased significantly year-on-year;

3. In 2022, the investment project was completed and began to produce benefits.

4、 Other relevant instructions

1. The company's important customers of turbocharger began mass production in March 2022. The revenue of turbocharger products is expected to continue to increase from the second quarter, becoming an important part of the company's revenue and profit.

2. This performance forecast is the preliminary calculation result of the company's financial department and has not been audited by the audit institution.

3. The specific performance data of the first quarter of 2022 will be disclosed in detail in the company's report of the first quarter of 2022. Please make prudent decisions and pay attention to investment risks.

Chengdu Xiling Power Science & Technology Incorporated Company(300733) board of directors April 13, 2022

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