603799: Zhejiang Huayou Cobalt Co.Ltd(603799) announcement of annual performance increase in 2021

Zhejiang Huayou Cobalt Co.Ltd(603799) announcement of performance increase in 2021

Stock Code: 603799 stock abbreviation: Zhejiang Huayou Cobalt Co.Ltd(603799) Announcement No.: 2022-001 Zhejiang Huayou Cobalt Co.Ltd(603799)

Announcement of performance increase in 2021

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 individual and joint liabilities for the authenticity, accuracy and completeness of its contents. Important content tips:

1. According to the preliminary calculation of the company’s financial department, the net profit attributable to the shareholders of the listed company is expected to be between 370 million yuan and 420 million yuan in 2021, with a year-on-year increase of 217.64% – 260.56%.

2. According to the preliminary calculation of the company’s financial department, the net profit attributable to the shareholders of the listed company after deducting non recurring profits and losses is expected to be between RMB 3790 million and 4290 million in 2021, with a year-on-year increase of 237.20% – 281.68%.

1、 Performance forecast of the current period

(I) performance forecast period

From January 1, 2021 to December 31, 2021.

(II) performance forecast

1. According to the preliminary calculation of the company’s financial department, the net profit attributable to the shareholders of the listed company is expected to be between 370 million yuan and 420 million yuan in 2021, with a year-on-year increase of 217.64% – 260.56%.

2. According to the preliminary calculation of the company’s financial department, the net profit attributable to the shareholders of the listed company after deducting non recurring profits and losses is expected to be between RMB 3790 million and 4290 million in 2021, with a year-on-year increase of 237.20% – 281.68%.

(III) this performance forecast has not been audited by certified public accountants.

2、 Performance in the same period of last year

(I) net profit attributable to shareholders of the listed company: RMB 116484 million. Net profit attributable to shareholders of listed companies after deducting non recurring profits and losses: 1123.98 million yuan.

(II) earnings per share: 1.03 yuan.

Zhejiang Huayou Cobalt Co.Ltd(603799) announcement of performance increase in 2021

3、 Main reasons for performance increase in the current period

The pre increase of the company’s performance is mainly due to the outstanding results achieved in the implementation of the company’s business strategy of high-end products and industrial integration. In 2021, the demand for new energy lithium battery materials continued to grow rapidly, the production and sales of the company’s main products increased, the product sales price also continued to rise, and the profitability increased significantly.

4、 Risk tips

The company’s expected performance this time is the preliminary accounting conducted by the company’s financial department based on its own professional judgment, 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 audited annual report of 2021 officially disclosed by the company. Please pay attention to the investment risks.

It is hereby announced.

Zhejiang Huayou Cobalt Co.Ltd(603799) board of directors January 12, 2022

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