Guangdong Dowstone Technology Co.Ltd(300409) : performance forecast for 2021

Securities code: 300409 securities abbreviation: Guangdong Dowstone Technology Co.Ltd(300409) Announcement No.: 2022-001 Guangdong Dowstone Technology Co.Ltd(300409)

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

(I) performance forecast period: January 1, 2021 to December 31, 2021

(II) performance forecast: the expected net profit is positive and belongs to one of the following situations:

\uf0f0 turning losses into profits □√ rising in the same direction \uf0f0 falling in the same direction

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

Profit attributable to listed companies: 495 million yuan – 605 million yuan

Profit: 60.5164 million yuan

The net profit of shareholders increased by 717.96% – 899.73% over the same period of last year

Profit after deducting non recurring losses: 500.8773 million yuan – 610.8773 million yuan

Profit: 8.087 million yuan

The net profit after profit increased by 6154.16% – 7527.67% over the same period of last year. II. 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

1. During the reporting period, the strategic layout advantages of the company’s new materials were prominent. Benefiting from the high economic development of the new energy industry, the industry demand continues to improve, the orders of cobalt salt, ternary precursor products and graphene / carbon nanotube conductive agent products are sufficient, the product structure is optimized, the gross profit margin is significantly increased year-on-year, the sales volume and price of products are rising, and the prospect is promising. In the ceramic material sector, although under the pressure of fluctuations in the real estate industry, the company’s product sales have increased significantly and the product market share has further expanded.

2. During the reporting period, the impact of non recurring profits and losses on the company’s net profit is expected to be about 5.8773 million yuan. 4、 Other relevant instructions

This performance forecast is the result of the company’s preliminary calculation and has not been audited by the audit institution. The specific financial data of 2021 will be disclosed in detail in the company’s 2021 annual report. Please pay attention to the investment risks. It is hereby announced.

Guangdong Dowstone Technology Co.Ltd(300409) board of directors

January 14, 2022

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