Jiangsu Yuxing Film Technology Co.Ltd(300305) : performance forecast for 2021

Securities code: 300305 securities abbreviation: Jiangsu Yuxing Film Technology Co.Ltd(300305) Announcement No.: 2022-001 Jiangsu Yuxing Film Technology Co.Ltd(300305)

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

Shares belonging to listed companies increased by 45% ~ 65% over the same period of last year; net profit of Dongdong: 226486100 yuan ~ 257725500 yuan and 156197300 yuan

Net profit after deducting non recurring profit and loss increased by 66.75% ~ 91.38% over the same period of last year: 21.148.61 million yuan ~ 242.7255 million yuan and 126.8304 million yuan

Note: “Yuan” in the table refers to RMB.

2、 Communication with accounting firms

The financial data related to this performance forecast has not been audited by certified public accountants. The company has made pre communication with the accounting firm on matters related to the performance forecast, and there is no significant difference between the company and the accounting firm in the performance forecast.

3、 Explanation of performance change reasons

During the reporting period, benefiting from the increased demand of downstream industries, the production line completed and put into operation by the company last year was in full capacity, and the production and sales of characteristic films and new products increased greatly, resulting in an increase in the gross profit margin of polyester film products and an increase in operating revenue and net profit.

4、 Other relevant instructions

1. This performance forecast is the result of preliminary calculation by the financial department of the company.

2. The specific data of 2021 annual performance 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.

Jiangsu Yuxing Film Technology Co.Ltd(300305) board of directors January 17, 2022

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