Bond Code: 143039 bond abbreviation: 17.01
Bond Code: 143303 bond abbreviation: 17 North 02
Bond Code: 163230 bond abbreviation: 20-01
Stock Code: 600111 stock abbreviation: China Northern Rare Earth (Group) High-Tech Co.Ltd(600111) Announcement No.: 2022-007
Announcement on performance increase in 2021 of China China Northern Rare Earth (Group) High-Tech Co.Ltd(600111) (Group) High Tech Co., Ltd
The company and all members of the board of directors guarantee that there are no false records, misleading statements or major omissions in the contents of the announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of the contents of the announcement.
Important content tips:
● according to the preliminary calculation by the financial department of China China Northern Rare Earth (Group) High-Tech Co.Ltd(600111) (Group) High Tech Co., Ltd. (hereinafter referred to as the company), the net profit attributable to the shareholders of the listed company in 2021 is expected to increase by 4068 million yuan to 4228 million yuan compared with the same period of the previous year (statutory disclosure data), with a year-on-year increase of 488.58% to 507.79%.
It is estimated that the net profit attributable to the shareholders of the listed company after deducting non recurring profits and losses in 2021 will increase by 3901 million yuan to 4061 million yuan compared with the same period of the previous year (statutory disclosure data), with a year-on-year increase of 484.16% to 504.02%.
1、 Performance forecast of the current period
(I) performance forecast period
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 in 2021 is expected to increase by 4068 million yuan to 4228 million yuan compared with the same period of the previous year (legally disclosed data), with a year-on-year increase of 488.58% to 507.79%.
2. It is estimated that the net profit attributable to the shareholders of the listed company after deducting non recurring profits and losses in 2021 will increase by 3901 million yuan to 4061 million yuan compared with the same period of the previous year (statutory disclosure data), with a year-on-year increase of 484.16% to 504.02%.
3. The expected performance has not been audited by certified public accountants.
Bond Code: 143039 bond abbreviation: 17.01
Bond Code: 143303 bond abbreviation: 17 North 02
Bond Code: 163230 bond abbreviation: 20-01
Stock Code: 600111 stock abbreviation: China Northern Rare Earth (Group) High-Tech Co.Ltd(600111) Announcement No.: 2022-007
2、 Performance in the same period of last year
(I) net profit attributable to shareholders of the listed company: 832.6235 million yuan; net profit attributable to shareholders of the listed company after deducting non recurring profits and losses: 805.7232 million yuan.
(II) earnings per share: 0.2303 yuan.
3、 Main reasons for performance increase in the current period
2021 is the beginning of the 14th five year plan. The global epidemic continues to evolve, the external environment is complex and severe, and the global economy recovers slowly; China’s economy has continued to recover steadily, and its economic development has strengthened, improved and improved steadily. Under the continuous regulation of the state, the development environment of the rare earth industry has been further optimized, and the production and operation order of the industry has been continuously improved. With the optimization of upstream supply side and the support of downstream wind power, new energy vehicles and other end consumer demand, the supply and demand situation of main rare earth products in the market has been improved, which has promoted the price fluctuation of main products in the rare earth market, increased transaction activity, improved enterprise operation rate and capacity utilization, and improved the operation quality and efficiency of rare earth production and processing enterprises.
In order to achieve the established production and operation objectives, the company closely adheres to the theme of promoting high-quality development, seizes the favorable opportunity for the good market, implements various decisions and arrangements, stabilizes operation, focuses on innovation, increases output, promotes sales, reduces costs, adjusts structure, strengthens management, promotes transformation, expands investment and increases benefits, The company has vigorously deepened the reform at all levels and links, released the development vitality and growth potential, continuously consolidated and expanded the business results, maintained a good development momentum, further enhanced the development quality, and achieved a significant increase in business performance year-on-year.
4、 Risk tips
The company has no major uncertain factors affecting the accuracy of the 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 2021 annual report officially disclosed by the company. Please pay attention to the investment risks.
Bond Code: 143039 bond abbreviation: 17.01
Bond Code: 143303 bond abbreviation: 17 North 02
Bond Code: 163230 bond abbreviation: 20-01
Stock Code: 600111 stock abbreviation: China Northern Rare Earth (Group) High-Tech Co.Ltd(600111) Announcement No.: 2022-007
It is hereby announced
Board of directors of China China Northern Rare Earth (Group) High-Tech Co.Ltd(600111) (Group) High Tech Co., Ltd
January 14, 2022
