Zhejiang Jingsheng Mechanical & Electrical Co.Ltd(300316) : performance forecast for 2021

Securities code: 300316 securities abbreviation: Zhejiang Jingsheng Mechanical & Electrical Co.Ltd(300316) No.: 2022-002 Zhejiang Jingsheng Mechanical & Electrical Co.Ltd(300316)

Performance forecast for 2021

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, 2021 to December 31, 2021

2. Expected performance: rising in the same direction

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

Profit attributable to listed companies: 158 million yuan – 184 million yuan profit: 858.1599 million yuan net profit of shareholders increased by 84.11% – 114.41% over the same period of last year

Net profit after deducting non recurring losses: 1515 million yuan – 1770 million yuan; Profit: 819.9646 million yuan, an increase of 84.76% – 115.86% over the same period of last year

2、 Communication with accounting firms

The performance forecast has not been pre audited by the accounting firm. The company has pre communicated with the annual audit accounting firm on the performance forecast. There is no difference between the company and the annual audit accounting firm on the performance forecast.

3、 Explanation of performance change reasons

In 2021, focusing on the development strategy of “advanced materials and advanced equipment”, the company continued to do a good job in strengthening its main business, actively promoted R & D technology innovation, consolidated quality management, created batch manufacturing and centralized delivery capacity of high-quality equipment, optimized process management system, improved organizational management efficiency, and achieved rapid development in all businesses of the company. During the reporting period, benefiting from the active promotion of production expansion by downstream silicon wafer manufacturers in the photovoltaic industry, the company actively grasped market opportunities, continuously improved equipment delivery capacity, strengthened technical service quality, and achieved a significant year-on-year increase in order volume, operating revenue scale and operating performance.

At the same time, the localization process of China’s semiconductor equipment has accelerated, the company’s semiconductor equipment orders have increased year-on-year, and the company’s Sapphire material business and auxiliary material consumables business have also achieved rapid development, which has made a positive contribution to the growth of the company’s operating performance.

4、 Other relevant instructions

The performance forecast data is the preliminary calculation result of the company’s financial department. Without pre audit by an accounting firm, the specific financial data will be disclosed in detail in the company’s 2021 annual report. Please make careful decisions and pay attention to investment risks.

It is hereby announced.

Zhejiang Jingsheng Mechanical & Electrical Co.Ltd(300316) board of directors January 13, 2022

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